Phase 2 Ophthalmology and Neuroscience company developing a small molecule with unique MOA to provide neuroprotection, restore suppressed visual function, and to slow progression in dry AMD and glaucoma. Licensed from Tel Aviv University, GAL-101 has high affinity/specificity to misfolded amyloid beta, to block formation of toxic oligomers and reduce their toxicity to neural tissues. Eye drop administration reproducibly achieved >90% neuroprotection in glaucoma rat models, compelling efficacy evidence in AMD models, strong retinal delivery in monkeys, and safety in completed Phase 1 study (n=70). With a highly experienced top neuropharma team, Galimedix enjoys the support of world leading retinal and glaucoma experts. Raising funds for Phase 2 studies to demonstrate improvement of visual function in dry AMD and in glaucoma, and to develop an oral version for other indications.
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GAL-101 eye drops for dry AMD and glaucoma
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