Galectin Therapeutics, Inc. (GALT) is “One to Watch”
Fibrosis is when connective tissue from an injury or other circumstances thickens and scars, or when there is excess fibrous connective tissue in an organ after it has been exposed to a chronic disease. Unfortunately, the effects of fibrosis cannot be reversed, and there is currently no treatment that stops the disease from getting worse, although some treatments can deal with the symptoms temporarily. Galectin Therapeutics, Inc. (NASDAQ: GALT) is currently undertaking its phase 2a pilot trial (NASHFX) with GR-MD-02 in non-alcoholic steatohepatitis (NASH) patients with advanced fibrosis. Although the study did not meet original expectations, Galectin’s larger scale, one…