Galectin Therapeutics

company

About

Galectin Therapeutics uses galectin science and drug development to create new therapies for fibrotic diseases and cancer.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$489K
Industries
Biopharma,Biotechnology,Health Care,Pharmaceutical
Founded date
Dec 1, 2000
Number Of Employee
1 - 10
Operating Status
Active

Galectin Therapeutics is applying its leadership in galectin science and drug development to create new therapies for fibrotic disease and cancer. Drug candidates based on the Company’s unique carbohydrate technology target galectin proteins which are key mediators of biologic and pathologic function.

Galectin Therapeutics uses naturally occurring carbohydrate polymers with galactose residues to create complex carbohydrates with specific molecular weights. Using these unique carbohydrate-based candidate compounds that bind and inhibit galectin proteins, we are pursuing therapies for indications where galectins have a demonstrated role in the pathogenesis of a particular disease. We focus on diseases with serious, life threatening consequences to patients, and those where current treatment options are limited. Our strategy is to establish clinical development approaches that add value to the Company in the shortest time possible, and to seek partners as the program advances and requires much greater resources.

Galectin Therapeutics leverages extensive scientific and development expertise as well as established relationships with outside sources to achieve cost effective and efficient development. We are pursuing a clear development pathway to clinical enhancement and commercialization for our lead compounds in liver fibrosis and cancer immunotherapy.

Galectin Therapeutic stock is traded on the NASDAQ under the symbol GALT.

The company is located in a suburb of Atlanta known as Norcross, Georgia USA

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$489K
Galectin Therapeutics has raised a total of $489K in funding over 2 rounds. Their latest funding was raised on Feb 10, 2010 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 10, 2010 Grant $489K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Galectin Therapeutics is funded by 1 investors. National Institutes of Health are the most recent investors.
Investor Name Lead Investor Funding Round
National Institutes of Health Grant