| Public | NASDAQ:GALT |
| Date | 3/12 |
| Post IPO Valuation | $10.4M |
| Website | galectintherapeut... |
| @GalectinGALT | |
| Category | BioTech |
| Phone | 617-559-0033 |
| foley@galectinthe... | |
| Employees | |
| Founded | 12/00 |
| TOTAL | $9.51M |
| FUNDING TOTAL | $9.51M |
| Series B, 2/09 10X Fund LP | $1.8M |
| Series B, 5/09 10X Fund LP | $900k |
| Series B, 6/09 10X Fund LP | $500k |
| Series B, 10/09 10X Fund LP | $325k |
| Series B, 11/09 10X Fund LP | $310k |
| Series B, 11/09 10X Fund LP | $325k |
| Series B, 12/09 10X Fund LP | $325k |
| Series B, 2/10 10X Fund LP | $325k |
| Grant, 2/10 National Institutes of Health | $489k |
| Series B, 3/10 10X Fund LP | $335k |
| Series B, 5/10 10X Fund LP | $310k |
| Series B, 5/10 10X Fund LP | $570k |
| Venture Round, 1/11 | $3M |
Galectin Therapeutics, Inc., a development stage company, engages in the discovery and development of carbohydrate-based therapeutics for the treatment of cancer, liver, microbial, and inflammatory diseases. Its lead product candidate in development, GM-CT-01, is a proprietary polysaccharide galectin inhibitor, which has completed Phase II trials for the treatment of colorectal cancer in combination with 5-FU, a chemotherapy for the treatment of various types of cancer.
The company has research collaborations with the Mount Sinai School of Medicine to study the anti-fibrotic effects of its carbohydrate compounds on liver fibrosis; with Brigham and Women’s Hospital to evaluate the anti-fibrotic effects of these compounds to treat acute and chronic kidney disease; and with the Ludwig Institute in Brussels, Belgium to show whether inhibiting the action of galectin-3 improves the efficacy of T lymphocytes in killing tumor cells.
Galectin Therapeutics (previously Pro-Pharmaceuticals) was founded in December 2000 and is based in Newton, Massachusetts.