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Galmed Pharmaceuticals to Report First Quarter 2019 Financial Results and Provide Business Update on Tuesday, May 7

TEL AVIV, Israel, April 30, 2019 /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, an oral therapy for the treatment of nonalcoholic steatohepatitis (NASH) and fibrosis, announced today that it will host a conference call and webcast on Tuesday, May 7, 2019, to provide an update on current developments with respect to its clinical programs for Aramchol™ and to discuss financial results for the three months ended March 31, 2019.

Galmed Pharmaceuticals Ltd. Logo (PRNewsfoto/Galmed Pharmaceuticals Ltd.)

Conference Call & Webcast:
Tuesday, May 7th @ 8:30am Eastern Time.
Within the US:                      1-855-327-6837
Outside the US:                    1-631-891-4304
Israel Toll Free:                     1 809 458 327
Conference ID:                      10006680
Webcast:                              http://public.viavid.com/index.php?id=134310

Replay Dial-In Numbers
Toll Free:                              1-844-512-2921
Toll/International:                   1-412-317-6671
Replay Pin Number:               10006680
Replay Start:                         Tuesday May 7, 2019, 11:30 AM ET
Replay Expiry:                       Tuesday May 21, 2019, 11:59 PM ET

About Aramchol and Non-alcoholic Steatohepatitis (NASH)
Aramchol (arachidyl amido cholanoic acid) is a novel fatty acid bile acid conjugate, inducing beneficial modulation of intra-hepatic lipid metabolism. Aramchol's ability to modulate hepatic lipid metabolism was discovered and validated in animal models, demonstrating downregulation of the three key pathologies of NASH: steatosis, inflammation and fibrosis. The effect of Aramchol on fibrosis is mediated by downregulation of steatosis and directly on human collagen producing cells. Aramchol has been granted Fast Track designation status by the FDA for the treatment of NASH.

NASH is an emerging world crisis impacting an estimated 3% to 5% of the U.S. population and an estimated 2% to 4% globally. It is the fastest growing cause of liver cancer and liver transplant in the U.S. due to the rise in obesity. NASH is the progressive form of non-alcoholic fatty liver disease that can lead to cardiovascular disease, cirrhosis and liver-related mortality.

About Galmed Pharmaceuticals Ltd.
Galmed is a clinical-stage biopharmaceutical company focused on the development of Aramchol, a first in class, novel, 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 2b 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 to initiate a Phase 3/4 clinical study in the third quarter of 2019.

 

SOURCE Galmed Pharmaceuticals Ltd.

For further information: Guy Nehemya, Galmed Pharmaceuticals Ltd., investor.relations@galmedpharma.com, +972-3-6938448
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