Galmed Pharmaceuticals (GLMD)

Overall impact
B (71)

Commentary

Galmed Pharmaceuticals is a strong overall performer. With a 'B' rating of 71.2 for overall impact (84th percentile compared to all companies), Galmed Pharmaceuticals ranks 248th out of 585 industry peers, behind Biogen, Amgen, Biomarin Pharmaceutical and 244 others, and ahead of Grifols, Ionis Pharmaceuticals, Gilead Sciences and 334 others. On top material causes for Galmed Pharmaceuticals's industry (Pharmaceuticals & Biotech), Galmed Pharmaceuticals performs well in Child and Maternal Health (87.9 score), Reduced Use of tobacco (80.5), Access to Affordable Healthcare (95.4) and 4 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (35.7 score), Disaster Readiness and Effective Aid (34.9) and Accountable Institutions (34.5).
Impact
Cause GLMD
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Company
Founded
2000
Employees
3
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Israel
Share classes
GLMD
Description
Galmed Pharmaceuticals Ltd., a biopharmaceutical company, focuses on the development of Aramchol for the treatment of liver diseases. It develops Aramchol, a first-in-class synthetic fatty acid-bile acid conjugate molecule for the treatment of non-alcoholic steato-hepatitis (NASH) in patients who are overweight or obese and have prediabetes or type II diabetes mellitus. The company also evaluates Aramchol through the ARRIVE Study for HIV-associated lipodystrophy and non-alcoholic fatty liver disease. In addition, it develops products for cardiometabolic indications. Galmed Pharmaceuticals Ltd. has a license agreement with Samil Pharma. Co., Ltd. for the commercialization of Aramchol in the Republic of Korea. It also has a collaboration agreement with Virginia Commonwealth University to investigate the effect of adding Aramchol to prevent drug resistance to standard-of-care oncology agents in the treatment of hepatoma, cholangiocarcinoma, and colorectal cancer. Galmed Pharmaceuticals Ltd. was founded in 2000 and is headquartered in Ramat Gan, Israel.
Material causes
Ethos considers the following causes material for Galmed Pharmaceuticals, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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