Galmed Pharmaceuticals Ltd.

NasdaqCM GLMD

Galmed Pharmaceuticals Ltd. Free Cash Flow for the year ending December 31, 2023: USD -6.14 M

Galmed Pharmaceuticals Ltd. Free Cash Flow is USD -6.14 M for the year ending December 31, 2023, a 66.84% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Galmed Pharmaceuticals Ltd. Free Cash Flow for the year ending December 31, 2022 was USD -18.50 M, a 43.76% change year over year.
  • Galmed Pharmaceuticals Ltd. Free Cash Flow for the year ending December 31, 2021 was USD -32.90 M, a -24.96% change year over year.
  • Galmed Pharmaceuticals Ltd. Free Cash Flow for the year ending December 31, 2020 was USD -26.33 M, a -76.14% change year over year.
  • Galmed Pharmaceuticals Ltd. Free Cash Flow for the year ending December 31, 2019 was USD -14.95 M, a -64.04% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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NasdaqCM: GLMD

Galmed Pharmaceuticals Ltd.

CEO Mr. Allen Baharaff
IPO Date March 13, 2014
Location Israel
Headquarters 16 Tiomkin Street
Employees 3
Sector Health Care
Industries
Description

Galmed Pharmaceuticals Ltd., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment of liver diseases. It develops Aramchol, an oral therapy, which is in Phase III study for the treatment of non-alcoholic steato-hepatitis (NASH) in patients with overweight or obesity and who are pre-diabetic or type-II-diabetes mellitus. The company also evaluates Aramchol through ARRIVE Study, a Phase IIa clinical trial with HIV-associated non-alcoholic fatty liver disease and lipodystrophy. In addition, it engages in the development of Amilo-5MER, a 5 amino acid synthetic peptide methionine, threonine, alanine, aspartic acid, and valine. It has a research agreement with Gannex Pharma Co., Ltd. to develop a combination therapy of ASC41 (THR-beta agonist) and Aramchol (SCD 1 inhibitor) for the treatment of NASH; a research and development collaboration agreement with MyBiotics Pharma Ltd. to identify the selected microbiome repertoire associated with the response to Aramchol; and a license agreement with Samil Pharma. Co., Ltd. for the commercialization of Aramchol in the Republic of Korea. Galmed Pharmaceuticals Ltd. was founded in 2000 and is headquartered in Tel Aviv, Israel.

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StockViz Staff

January 15, 2025

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