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Galectin Therapeutics to Participate in the H.C. Wainwright MASH Conference

Key Takeaway: Galectin Therapeutics, a leader in therapies targeting galectin proteins, announced that CEO Joel Lewis and CMO Khurram Jamil will attend the H.C. Wainwright MASH Investor Conference on October 7, 2024. Dr. Jamil will provide updates on the company's clinical programs and the advancement of its pipeline, particularly focusing on belapectin, a drug with Fast Track designation for treating MASH-related liver cirrhosis. The conference highlights the company's commitment to improving treatment options for chronic liver disease and cancer.
Price reaction · baseline $2.71 (2024-09-27 close) · clean, no other GALT news in the window
day 0 close · peak
+1.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Participation in a reputable investor conference demonstrates leadership engagement.
  • The presentation on clinical programs indicates ongoing development and transparency.
  • Belapectin's Fast Track designation highlights the drug's potential in addressing significant medical needs.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+23%
120-day peak, hindsight
Typical move
22.4%
average across 5 past catalysts
Cash runway
~16 mo
Low dilution risk
Lead asset
GR-MD-02
Phase 2 · Nonalcoholic Steatohepatitis

Full Press Release Details

NORCROSS, Ga., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Galectin Therapeutics, Inc. (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, today announced that Joel Lewis, Chief Executive Officer and Khurram Jamil, M.D., Chief Medical Officer, will be attending the H.C. Wainwright MASH Investor Conference being held October 7, 2024.
Dr. Jamil will be sharing the latest updates on clinical programs and pipeline advancement on October 7, 2024 at 10:00 AM ET. The webcast of the presentation can be accessed here or through the Company’s website on the Events & Presentation page of the investors section.
About Galectin Therapeutics
Galectin Therapeutics is dedicated to developing novel therapies to improve the lives of patients with chronic liver disease and cancer. Galectin’s lead drug belapectin is a carbohydrate-based drug that inhibits the galectin-3 protein, which is directly involved in multiple inflammatory, fibrotic, and malignant diseases, for which it has Fast Track designation by the U.S. Food and Drug Administration. The lead development program is in metabolic dysfunction-associated steatohepatitis (MASH, formerly known as nonalcoholic steatohepatitis, or NASH) with cirrhosis, the most advanced form of MASH-related fibrosis. Liver cirrhosis is one of the most pressing medical needs and a significant drug development opportunity. Additional development programs are in treatment of combination immunotherapy for advanced head and neck cancers and other malignancies. Advancement of these additional clinical programs is largely dependent on finding a suitable partner. Galectin seeks to leverage extensive scientific and development expertise as well as established relationships with external sources to achieve cost-effective and efficient development. Additional information is available at www.galectintherapeutics.com.
Jack Callicutt, Chief Financial Officer
Investors Relations Contacts:
Galectin Therapeutics and its associated logo is a registered trademark of Galectin Therapeutics Inc. Belapectin is the USAN assigned name for Galectin Therapeutics’ galectin-3 inhibitor belapectin.

Frequently Asked Questions

What is Galectin Therapeutics known for?

Galectin Therapeutics focuses on developing therapies targeting galectin proteins.

When is Dr. Khurram Jamil's presentation at the conference?

Dr. Jamil's presentation is scheduled for October 7, 2024, at 10:00 AM ET.

What condition is Galectin's lead drug belapectin targeting?

Belapectin targets metabolic dysfunction-associated steatohepatitis (MASH) with cirrhosis.

What designation has the FDA given belapectin?

Belapectin has received Fast Track designation from the U.S. FDA.

How can I access the webcast of the conference presentation?

The webcast can be accessed through the company's website under the Events & Presentation section.

Last updated: Sep 30, 2024