Galecto Biotech and PharmAkea, two clinical-stage pharmaceutical companies with robust pipelines in fibrotic diseases and cancer, have merged into a single company.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00Susan Tantawi/wp-content/uploads/2018/10/galecto512-e1539205617898.pngSusan Tantawi2020-01-13 15:06:412020-01-13 15:08:47Galecto, PharmAkea Merger Creates Single Company with Strong Fibrotic Disease, Cancer Pipelines
Galecto, the leading developer of galectin modulators for the treatment of fibrotic diseases including idiopathic pulmonary fibrosis (IPF) and cancer, and PharmAkea, Inc., a privately held San Diego-based pharmaceutical company developing novel small molecules against protein targets involved in fibroproliferative disease, today announced the two companies will merge.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00Susan Tantawi/wp-content/uploads/2018/10/galecto512-e1539205617898.pngSusan Tantawi2020-01-07 07:30:152020-01-07 02:54:29Galecto and PharmAkea merge to create strong clinical-stage company developing first-in-class therapeutics in fibrosis and cancer
Galecto Biotech has raised €79 million ($90 million) to take its treatment for idiopathic pulmonary fibrosis (IPF) into a phase 2/3 trial.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00_tara/wp-content/uploads/2018/10/galecto512-e1539205617898.png_tara2019-01-11 09:53:192019-04-02 09:16:01Galecto raises €79M to run late-phase IPF trial
To danske biotekselskaber får nye mænd til at styre finanserne. Den ene er samtidigt finansdirektør for et tredje dansk selskab med rødder i Novozymes.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00_tara/wp-content/uploads/2018/10/galecto512-e1539205617898.png_tara2019-01-11 09:50:262019-04-02 09:16:18CFO-karrusel: To danske biotekfirmaer får nye finanschefer
Richard Marshall, chief medical officer at Galecto Biotech, talks to Scrip managing editor Joe Shorthouse about how a recent financing will allow the galectin modulator company to quickly push forward its product for idiopathic pulmonary fibrosis. He also discusses the company's work in the oral and ocular therapeutic areas.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00_tara/wp-content/uploads/2018/10/galecto512-e1539205617898.png_tara2019-01-10 10:55:462019-01-11 09:57:27Video: BIO-Europe® 2018_ Galecto Biotech's CMO discusses the company's recent EUR 79m Series C financing
Galecto Biotech AB, the leading developer of galectin modulators for the treatment of severe diseases, including fibrosis and cancer, today announced the successful closing of a €79 million series C financing co-led by Ysios Capital and OrbiMed. New investors Ysios Capital, OrbiMed, HBM Healthcare Investments, OrbiMed Israel, Bristol Myers-Squibb, Maverick Ventures and Seventure Partners joined existing investors Novo Seeds, M Ventures, and Sunstone Capital in the financing round. Concurrent with the financing, Karen Wagner (Ysios Capital), Chau Khuong (OrbiMed), Chandra Leo (HBM) and Erez Chimovits (OrbiMed Israel) were appointed to the Galecto Board of Directors.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00_tara/wp-content/uploads/2018/10/galecto512-e1539205617898.png_tara2018-10-26 05:59:452018-10-26 05:59:45Galecto Biotech Raises €79 Million in Series C Financing Co-Led by Ysios Capital and OrbiMed to Advance Galectin Inhibitor to Late-Stage Clinical Development
Today, Galecto Biotech AB can announce the successful completion of its phase Ib/IIa clinical trial of inhaled TD139. The new drug demonstrates ground-breaking results for patients suffering from Idiopathic Pulmonary Fibrosis (IPF), a chronic and severe disease characterized by a progressive decline in lung function.
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00_kathart/wp-content/uploads/2018/10/galecto512-e1539205617898.png_kathart2017-03-10 12:07:342018-07-11 08:07:04Galecto Biotech’s Lead Molecule TD139 is Safe, Well Tolerated, with Direct Target Engagement and Biomarker Effects in a Clinical Phase Ib/IIa trial in IPF Patients
Galecto Biotech AB today announced that the U.S. Food and Drug Administration (FDA) has approved an Investigational New Drug (IND) application for the company’s galectin-3 inhibitor, TD139, for the treatment of patients with idiopathic pulmonary fibrosis (IPF). Simultaneously, the company announced that a phase Ib/IIa trial in IPF patients is due to start shortly in several centers in the United Kingdom (UK).
/wp-content/uploads/2018/10/galecto512-e1539205617898.png00_kathart/wp-content/uploads/2018/10/galecto512-e1539205617898.png_kathart2015-03-01 12:09:142018-07-11 08:08:26FDA approves an IND from Galecto Biotech for TD139 treatment of IPF patients. – Phase Ib/IIa Trial to Start in the UK