Galectin Therapeutics Receives FDA Written Response on Belapectin Development Program
Galectin Therapeutics announced that the U.S. Food and Drug Administration, FDA, has provided a written response, and subsequent communications, to the Company's previously submitted Type C meeting request regarding the development program for belapectin, its investigational galectin-3 inhibitor. The FDA converted the Company's initial request for an in-person or teleconference meeting to a written response. Based on FDA's written feedback, the Company believes there is alignment with the Agency on the patient population proposed for enrollment in a registration trial. In addition, Galectin Therapeutics had previously reached an agreement with the FDA on the use of a centralized, blinded endoscopy review for esophageal variceal assessment and plans to apply a similar approach for variceal evaluation in its next study.
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- Investigation Launched: Pomerantz LLP is investigating Galectin Therapeutics Inc. and its executives for potential securities fraud or other unlawful business practices, which could undermine investor confidence and lead to further stock volatility.
- FDA Response: On December 19, 2025, Galectin announced that the FDA provided a written response to its meeting request regarding the belapectin development program, indicating alignment on the proposed patient population for a registration trial, but unresolved key aspects of the trial design may delay clinical trial progress.
- Stock Price Drop: Following the FDA news, Galectin's stock price fell by $1.78, or 28.9%, closing at $4.38 per share, reflecting market concerns and diminished confidence in the company's future prospects.
- Legal Matters: Pomerantz LLP, a prominent securities class action law firm, has been advocating for the rights of securities fraud victims for over 85 years; unfavorable investigation outcomes could lead to significant damages against the company, further impacting its financial health.
- Securities Fraud Investigation: Pomerantz LLP is investigating Galectin Therapeutics and its executives for potential securities fraud and other unlawful business practices, which could undermine investor confidence and lead to stock volatility.
- FDA Meeting Update: On December 19, 2025, Galectin announced that the FDA provided a written response to its Type C meeting request regarding the development program for belapectin, indicating alignment on the patient population but leaving key trial design aspects unresolved.
- Stock Price Plunge: Following the FDA news, Galectin's stock price fell by $1.78, or 28.9%, closing at $4.38 per share, reflecting market concerns about the company's future prospects.
- Legal Background: Pomerantz LLP, a prominent securities class action law firm with over 85 years of experience, focuses on advocating for victims of securities fraud and corporate misconduct, potentially offering legal support to affected investors.

- Significant Stock Decline: Galectin Therapeutics experienced a stock price drop of $1.78, or 28.9%, closing at $4.38 per share following the FDA's response regarding its belapectin clinical trial, indicating market concerns about the company's future prospects.
- Change in FDA Communication: The FDA's conversion of Galectin's request for an in-person or teleconference meeting into a written response highlights unresolved issues in key trial design aspects, which may impact the progress of its clinical trials and registration applications.
- Follow-Up Meeting Plans: Galectin plans to pursue a follow-up Type C meeting to finalize remaining components of its clinical trial design, and while there is alignment with the FDA on the proposed patient population, unresolved key design issues could delay trial progress.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Galectin and its executives have engaged in securities fraud or other unlawful business practices, potentially exposing investors to further legal risks and financial losses.

- Securities Fraud Investigation: Pomerantz LLP is investigating whether Galectin Therapeutics has engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and lead to further declines in stock price.
- FDA Communication Change: On December 19, 2025, Galectin announced that the FDA converted its initial request for an in-person meeting to a written response, indicating alignment on the proposed patient population for a registration trial, yet unresolved key aspects of trial design may delay clinical trial progress.
- Stock Price Volatility: Following the FDA news, Galectin's stock price fell by $1.78, or 28.9%, closing at $4.38 per share, reflecting market concerns regarding the company's future prospects.
- Potential Legal Consequences: Pomerantz LLP, recognized for its expertise in securities litigation, may initiate a class action against Galectin if the investigation confirms misconduct, which would severely impact the company's reputation and financial standing.

- Significant Stock Drop: Galectin Therapeutics experienced a stock price decline of $1.78, or 28.9%, closing at $4.38 per share following the FDA's feedback on its belapectin clinical trial design, indicating market concerns about the company's future prospects.
- Change in FDA Communication: The FDA converted the company's initial request for an in-person or teleconference meeting into a written response, and while there is alignment on the proposed patient population for a registration trial, unresolved key aspects of the trial design may hinder future clinical progress.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Galectin and its executives have engaged in securities fraud or other unlawful business practices, which could expose the company to legal risks and further impact shareholder confidence.
- Increased Investor Scrutiny: The sharp stock decline and the initiation of a legal investigation have significantly heightened investor attention on Galectin, potentially leading to more investors seeking to join class action lawsuits to protect their interests.

- Stock Price Plunge: Following Galectin Therapeutics' announcement regarding the FDA's response to its belapectin development program, shares fell by 28.9% on the same day, indicating investor concerns about the company's future prospects.
- FDA Communication Shift: The FDA converted Galectin's initial request for an in-person or teleconference meeting into a written response, suggesting uncertainties in the company's trial design that could impact its development timeline.
- Follow-Up Meeting Plans: The company intends to pursue a follow-up Type C meeting to address key aspects of its trial design, which may influence future clinical trial outcomes and market confidence.
- Legal Investigation Initiated: The Schall Law Firm is investigating potential violations of securities laws by Galectin, which could lead to further losses for investors and trigger potential class action lawsuits.







