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 inhibitor in 173 IPF patients who had not previously received the two standard-of-care treatments for the disease - Roche Holding AG’s Esbriet (pirfenidone) and Boehringer Ingelheim GmbH’s Ofev (nintedanib)
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