GALECTIN THERAPEUTICS INC (GALT) Form 8-K — May 15, 2026
Galectin Therapeutics reported Q1 2026 financial results showing a net loss of $5.1 million, a significant improvement from the $9.6 million loss in the same period last year. This reduction was driven primarily by a 65% decrease in R&D expenses to $2.2 million, reflecting the timing of expenditures related to the NAVIGATE clinical trial. The company highlighted positive biomarker data from its NAVIGATE Phase 2b/3 trial for belapectin in MASH cirrhosis, noting statistically significant reductions in liver stiffness measurements.
Key figures
- Revenue
- 0
- Total Debt
- 145996000
- Total Assets
- 15759000
- Cash Position
- 14111000
- Rd expense q1 2025
- 6485000
- Rd expense q1 2026
- 2231000
- Shares outstanding
- 65782000
- Gna expense q1 2025
- 1412000
- Gna expense q1 2026
- 1846000
- Credit line available
- 10000000
Price after filing
Close on the filing date to close N calendar days later (from $2.35). Historical, not a forecast.
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