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Emerging Company Profile
Galecto developing galectin-3 inhibitors for idiopathic pulmonary fibrosis
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Galecto: Two-pronged attack
Monday, May 14, 2012
Biotech AB is developing galectin-3 inhibitors that target both
macrophages and fibroblasts, potentially providing a more complete blockade of
fibrosis than Esbriet pirfenidone, the only drug marketed for IPF. The biotech's
molecules also may complement other candidates in the IPF pipeline as part of
This month, Galecto secured a €5
million ($6.6 million) extension of its seed financing round, bringing the
total to €10 million and enabling the company to get at least
through Phase II proof of concept (POC) with its galectin-3 (LGALS3)
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