Galmed Pharmaceuticals Plans To Broaden Its Drug Development Activities, Consisting Of Two Additional Programs Over The Next Two Years
Portfolio Pulse from Benzinga Newsdesk
Galmed Pharmaceuticals is expanding its drug development with two new programs targeting cancer and cardiac fibrosis. The company plans to release new data in Q4 2024.

September 19, 2024 | 11:25 am
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Galmed Pharmaceuticals is broadening its drug development activities with two new programs focusing on cancer and cardiac fibrosis. The company plans to release new data in Q4 2024, which could impact its stock price depending on the results.
The announcement of new drug development programs and upcoming data releases can generate investor interest and potentially drive the stock price up, especially if the data is positive. The focus on cancer and cardiac fibrosis, significant health issues, adds to the potential impact.
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