earnings
confidence high
sentiment neutral
materiality 0.75
Galectin Therapeutics reports FY2025 net loss $31M; belapectin data for EASL upcoming
GALECTIN THERAPEUTICS INC
- Net loss $31.0M ($0.48/share) vs $47.2M ($0.76) in 2024; R&D expense down to $14.3M from $36.6M.
- Cash $17.7M plus $10M credit line from chairman; runway through April 2027.
- Belapectin NAVIGATE trial: varices incidence reduced 49.3% in per-protocol (p=0.04); U.S. subgroup 68.1% (p=0.02).
- Additional biomarker data (FibroScan, ELF, PRO-C3) support antifibrotic activity; oral/poster presentations at EASL 2026.
- Upcoming FDA meeting in Q2 2026 to align on next steps; no approved therapy for MASH cirrhosis.