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Galecto Funnels Funding Into Phase II For Inhaled IPF Therapy

 
• By Jo Shorthouse

Galecto Biotech recently raised €79m in a Series C funding round. Chief medical officer Richard Marshall spoke to Scrip about how it plans to invest the capital in its pipeline treatment for idiopathic pulmonary fibrosis.

Video interview
• Source: Shutterstock

Danish firm Galecto Biotech AB is readying its inhaled treatment for idiopathic pulmonary fibrosis (IPF), TD139, a selective inhibitor of galectin-3, for international Phase II/III trials.

TD139 is a specific inhibitor of the galactoside binding pocket of galectin-3. It has been formulated for inhalation to enable direct targeting the fibrotic tissue in the lungs, while minimizing...

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