
Galmed Pharmaceuticals Ltd. (GLMD)
Galmed Pharmaceuticals Ltd. is a clinical-stage biopharmaceutical company focused on the development of innovative therapies for liver diseases. The company's lead product candidate, Aramchol, is a bile acid derivative developed for the treatment of non-alcoholic fatty liver disease (NAFLD) and non-alcoholic steatohepatitis (NASH). Galmed also explores other therapeutic options targeting liver and metabolic conditions.
Company News
Galmed Pharmaceuticals plans to invest up to $10 million in digital assets, engaging Tectona Ltd. to manage a new crypto treasury strategy aimed at enhancing capital efficiency and shareholder value.
Madrigal's Rezdiffra will have the NASH market all to itself -- at least for a while.
Galmed Pharmaceuticals (GLMD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.