USX:GLMD - Galmed Pharmaceuticals Ltd Galmed Pharmaceuticals Ltd
Sector: Health Care, Industry: Biotechnology
Next Earnings: 21 Nov 2024
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USD 7.09    -0.24 (-3.27%)

27 Sep 2024


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General

Established: 2013

Country: ISR

City: Tel Aviv

Employees: 8

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Description

Galmed Pharmaceuticals Ltd is a biopharmaceutical company. It focuses on the development and commercialization of once-daily, oral therapy for the treatment of liver diseases and cholesterol gallstones utilizing its synthetic fatty-acid/bile-acid conjugate (FABAC), called aramchol. Its product, aramchol, is a disease-modifying treatment for fatty liver disorders, including Non-Alcoholic Steato-hepatitis. Aramchol affects liver fat metabolism and has been shown in a Phase IIa clinical study to reduce liver fat content, as well as improve metabolic parameters associated with Nonalcoholic steatohepatitis.

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