Galectin Therapeutics Inc (GALT) Noticias

I sold everything.  Big loss but wasn't going to wait this out further.  It's a shame mgmt was so confident back in April.  Baby biotechs simply haven't been good to me.  

When the lower dose appears to work better than the higher dose, the straw-grasping begins.

Seasoned pharma aficionados know that in reality it was a data artefact and that means the drug doesn’t work, which is why neither dose was better than placebo.

Quelle surprise.

GALT bad results 

Ok I wasn't sure if your referring to bixt Galt or both.  Mike sheikh is part of bixt.  Not Galt as far as I know.  Are they both scams or just Galt? 

Nope. I never short stocks. Too risky.

I'm in the camp that thinks GALT/PRWP has always been long on lies and short on real drug candidates.

So your in the short camp?  

Adam F is right about GALT, just like The Boston Globe was right about PRWP, GALT’s previous incarnation.

https://www.thestreet.com/investing/stocks/biotech-stock-mailbag-aspenbio-10741455

https://www.insiderfinancial.com/post/short-mafia-attacking-galectin-therapeutics-nasdaq-galt-ahead-of-planned-year-end-readout

https://www.insiderfinancial.com/post/galectin-therapeutics-nasdaq-galt-disrupting-mercks-cancer-dominance

GALT MENTIONED IN THIS ARTICLE

https://www.zerohedge.com/news/2024-10-15/what-merck-doesnt-want-you-know-about-keytruda

Please watch this and comment your opinion

Any company that has Ben Carson on its BoD is doomed to failure.

Good things about to happen here

https://www.globenewswire.com/news-release/2024/06/27/2905450/0/en/Bioxytran-s-Advisor-Releases-Book-on-Hyperbaric-Oxygenation-Related-to-Stroke-Alzheimer-s-Patients.html

https://medicaldialogues.in/medicine/news/galectin-3-promising-biomarker-for-predicting-long-covid-among-patients-of-covid-19-study-129158

Todays emerging growth conference
CEO DAVID PLATT $BIXT
BioxyTran.

https://emerginggrowth.com/emerging-growth-conference-70/

https://www.nasdaq.com/press-release/6-stocks-positioned-to-soar-as-investors-focus-on-mash-2024-04-22

Reached a peak.

Letting some air out today !!

But I had 20,000 !!!

AND AT 2.45...YA GOT ME BEAT BIG TIME!

ONLY...LOL...I ONLY HAVE A 1000..NICE WORK CHAMP!!

Man , I only bought 5000 shares at 1.20 . Happy but I should have loaded the boat a bit more.

GALT...THESE BIO BEAST OF THE BIO MARKET

https://www.insiderfinancial.com/post/galectin-therapeutics-galt-a-discount-opportunity-moving-on-analysts-upgrade

Hey look at this;
GALT shareholders!
If you want an alternative to or additionally own a Galectin drug by the creator of Galectin antagonist, Dr Platt the father of the new science glycovirlogy

Viruses
Cancer
And hypoxia drug! BXT 25

https://www.insiderfinancial.com/post/galectin-therapeutics-galt-a-discount-opportunity-moving-on-analysts-upgrade

GALT..THE BIO BEAST THAT KEEPS BEASTING...

GALT the bio beast of the bio techs

GALT new 52 hi

GALT BREAKING OUT

Play the chart not the story and sell before news

What do we think this run is credited to ?? Our data readout isn’t until Q4??

GALT WEEKLY BREAK OUT HERE IS STRONG

GALT new 52 hi

GALT BIO BEAST!!!

Just trying to justify the run here. I’m happy of course , my entry was 1.20

So sell short

With no news , trial results not for a long time

GALT new 52 hi

Hmmm could be

Professional asset manager support

Wonder why we have such positive movement here ???

GALT under $3

In any case, setting aside the noise, the most important thing is that this is the only drug candidate in a late stage clinical trial which has the potential to address a fatal complication of NASH cirrhosis. The excess galectin-3 in the disease process increases fibrotic activity and portal hypertension. GALT's galectin-3 inhibitor, belapectin, is a large chain carbohydrate compound that has side chains that are similar to the natural galectin-3 ligand, and inhibits the excess galectin-3 produced by macrophages in the liver. Since the body can metabolize this carbohydrate compound without relying on the liver, it does not put extra strain on the liver, which is why they had good results recently from the 4th data safety monitoring board (unlike competitors who keep running into safety issues with their liver drugs). When this galectin-3 pathway disease process is kept in check, it stabilizes portal hypertension, with the goal of reducing the formation of esophageal varices that develop from excess portal hypertension. Many cirrhosis patients die from bleeding varices. GALT could potentially offer a breakthrough treatment for the subgroup of patients who have not developed varices yet, by repeating prior phase 2 results in this phase 2/3 adaptive trial. As an investment it is very interesting because the stock price is so low right now compared to the risk/reward which I think is pretty good. If successful with the next readout the market cap could jump to billions.

By the way I have zero connection with the company or anyone associated with the company. I have an interest in glycobiology research which is why I study these topics in depth. I randomly came across this inverstorshub board and noticed a lot of misinformation or misguided info here so I figured I'd pitch in with some knowledge.

You’re right about Nasdaq. Sorry.

I will edit my post to omit the incorrect statement that GALT is an OTC stock.

That is factually false. Not sure where you are getting your information from. GALT has been on NASDAQ for many years now (more than 10 years?) although yes they started small, like many other companies start small back when they were a team of Harvard and Weizmann Institute researchers. How can you hold it against them that they started small more than 10 years ago.

As far as the founder, I think you're referring to Jim who played a role in venture capital financing but otherwise his role has been very limited, especially since 2018 when he had a disagreement with Traber as the CEO he stepped into the background and faded away. And now he was even replaced by Dr. Ben Carson as a board member, so he's not even on the board of directors anymore.

You like to bring up irrelevant things.

I posted wrong information so I’ve edited this post.

Still think Ben Carson as a Board Director is the reddest of red flags, though.

You're looking at ancient history 20 years ago? The company started with research from Harvard and Weizmann Institute of Science in galectin inhibitors. Employees of the company wrote the authoritative book on Galectins in 2008 (Wiley). Yes they were acting like a startup company in the very beginning which means mistakes, but the drug development is very serious and patients have now started to enter Phase 3 in a global trial for cirrhosis where there are no currently approved drugs yet, which is a major accomplishment to get this far.

“ Dr. Ben Carson is an advisor and recently joined as a board member. ”

If GALT (previously known as PRWP)’s long history of misrepresentation and failure hasn’t already scared off any thinking person, this appointment should do the trick.