Another IPF Drug Failure As Galecto Therapy Suffers Mid-Stage Flop

Firm To Focus On Liver After Lung Miss

Galecto’s decision to discontinue its idiopathic pulmonary fibrosis candidate after disappointing Phase IIb results represents the latest in a number of mid/late-stage failures to treat the disease.

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Galecto Inc. has become the latest company to fail at developing a new therapy for idiopathic pulmonary fibrosis (IPF) and has decided to concentrate its research efforts on severe liver diseases.

The switch in focus follows topline results from the Boston-based biotech's Phase IIb GALACTIC-1 trial evaluating GBO139, an inhaled galectin-3...

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