GALT
Galectin Converts $105.8M in Debt to Equity
Chairman Richard E. Uihlein converted $105.8 million in outstanding debt into 34.4 million common shares, significantly strengthening the biopharmaceutical company's balance sheet.
Latest 2 stories · newest Aug 4, 2026
Chairman Richard E. Uihlein converted $105.8 million in outstanding debt into 34.4 million common shares, significantly strengthening the biopharmaceutical company's balance sheet.
Galectin Therapeutics reached an agreement with the FDA on the primary endpoint and regulatory pathway for belapectin in MASH cirrhosis patients. This alignment clarifies the Phase 3 protocol and supports the company's evaluation of strategic partnerships to support development.
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