Company Data
Galmed Pharmaceuticals Ltd.
Ticker
GLMD
Current Price
$2.7031 6%
Market Cap
$1.7M
Price Target
Refer to Report
Volume
28.5K
52wk Range
$2.235 - $23.8
Overview
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.