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Stock impact report

Galecto Reports Third Quarter 2025 Operating and Financial Results

Galecto, Inc. (GLTO) 
Company Research Source: GlobeNewswire
BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Galecto, Inc. (NASDAQ: GLTO), a clinical-stage biotechnology company focused on the development of novel treatments for oncology and liver diseases, today announced its operating and financial results for the quarter ended September 30, 2025. “During the quarter, we received constructive regulatory guidance from the FDA on our pre-IND submission for GB3226, a novel small molecule dual inhibitor of ENL-YEATS and FLT3 with potential to address a broad portion of patients with acute myeloid leukemia (AML), including those with high-risk genetic mutations,” said Dr. Hans Schambye, CEO of Galecto. “We are encouraged by this regulatory feedback, which aligns with our plan to submit an IND in the first quarter of 2026 and initiate a Phase 1 trial in AML.” Preclinical data support the potential of GB3226 to treat patients with AML, including those with resistance to menin inhibition, either as a monotherapy or in combination with existing treatmen Show less Read more
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