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Galmed Pharmaceuticals Announces a Late-Breaking Abstract on Aramchol™ to be Presented at the American Association for the Study of Liver Diseases (AASLD) - The Liver Meeting®

TEL AVIV, Israel, Oct. 2, 2018 /PRNewswire/ -- Galmed Pharmaceuticals Ltd. (Nasdaq: GLMD) ("Galmed" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of the liver targeted SCD1 modulator Aramchol™, a once-daily, oral therapy for the treatment of nonalcoholic steatohepatitis ("NASH"), announced today that a late-breaking abstract on the one-year results of a Phase 2b study of Aramchol in patients with NASH will be presented by the Company at the American Association for the Study of Liver Diseases – The Liver Meeting®, taking place November 9–13, 2018 in San Francisco, California. The oral session will be presented by Prof. Vlad Ratziu, France, principal investigator of the ARREST trial. More data on Aramchol anti fibrotic effect will be presented in a poster presentation.

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ARREST is a multicenter, Phase 2b, randomized, double blind, placebo-controlled study designed to evaluate the efficacy and safety of two Aramchol doses (400 and 600 mg tablets) in patients with NASH confirmed by liver biopsy who were overweight or obese and who were pre- diabetic or type II diabetic. Top line results from the study were released by Galmed on June 12, 2018.

Oral Abstract Presentation Details:

Date: Tuesday, November 13, 2018
Time: 8:00am Pacific Time
Location: Hall D - General Session, Moscone Center, North and South Buildings
Publication #: LB-5
Session Title: Late-Breaking Abstract Oral Session II
Presentation Type: Oral, Late-Breaker Session
Title: One-Year Results of the Global Phase 2b Randomized Placebo-Controlled ARREST Trial of Aramchol, a Stearoyl CoA Desaturase Inhibitor, in Patients with NASH

Poster Abstract Presentation Details:

Date: Monday, November 12, 2018
Time: 8:00am5:30pm Pacific Time
Publication #: 2060
Poster Session Title: Steatohepatitis: Experimental
Presentation Type: Poster
Title: Aramchol downregulates SCD1 and induces PPAR g in hepatic stellate cells to attenuate cellular activation and fibrogenesis.

About Galmed Pharmaceuticals Ltd.
Galmed is a clinical-stage biopharmaceutical company focused on the development of Aramchol, a first in class, novel, once-daily, oral therapy for the treatment of NASH for variable populations. Galmed recently announced top-line results of the ARREST Study, a multicenter, randomized, double blind, placebo-controlled Phase IIb clinical study designed to evaluate the efficacy and safety of Aramchol in subjects with NASH, who are overweight or obese, and who are pre-diabetic or type-II-diabetic. Galmed is currently preparing for an end of Phase IIb meeting with the FDA to discuss the results of the ARREST Study and a Phase III study protocol, with a view to initiating a Phase III clinical study of Aramchol in 2019.

SOURCE Galmed Pharmaceuticals Ltd.

For further information: Timothy McCarthy, LifeSci Advisors, LLC, +1-212-915-2564, tim@lifesciadvisors.com, Guy Nehemya, Vice President, Operations, Galmed Pharmaceuticals Ltd., guy@galmedpharma.com
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