GP

Galmed Pharmaceuticals

GLMD
NASDAQHealth Care
$0.58
USD
+0.02(+3.14%)
At close: Apr 30, 18:22 UTC
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Market Snapshot

Market Cap

$3.07M

P/E Ratio

-0.3

EPS

-8.03

Employees

5

Why GLMD moved

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About

Galmed Pharmaceuticals Ltd. is a clinical-stage drug development biopharmaceutical company, which engages in the development of oral therapy for the treatment of non-alcoholic steato-hepatitis (NASH). The firm is focused its research and development efforts on addressing unmet medical needs in the field of liver health. The firm's flagship product is Aramchol, a first-in-class synthetic fatty acid-bile acid conjugate molecule. Aramchol is aimed to be effective in the treatment of non-alcoholic steatohepatitis (NASH) in patients who are overweight or obese and have prediabetes or type II diabetes mellitus. The firm's drug aims to be efficient treatment of NASH, a chronic liver disease characterized by fat accumulation, inflammation, and fibrosis, which can lead to cirrhosis and liver cancer if left untreated.

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