Galera Therapeutics

About:

Galera Therapeutics develops therapeutic agents for preventing damage to normal tissues during the radiation treatment of cancer.

Website: http://www.galeratx.com

Top Investors: New Enterprise Associates, Correlation Ventures, Rock Springs Capital, Frazier Healthcare Partners, Novartis Venture Fund

Description:

Galera Therapeutics, Inc. is a privately held, clinical-stage biotechnology company focused on discovering and developing novel therapeutics targeting oxygen metabolic pathways with the potential to transform how radiation therapy is used in patients with cancer. Galera’s lead product candidate is GC4419, a highly selective and potent small molecule superoxide dismutase enzyme mimetic that rapidly converts superoxide to hydrogen peroxide and oxygen. GC4419 achieved positive results in a Phase 2b clinical trial, which demonstrated its ability to reduce the incidence and duration of radiation-induced severe oral mucositis in patients with head and neck cancer, it's lead indication. The U.S. Food and Drug Administration granted Fast Track and Breakthrough Therapy designations to GC4419. The company was established in 2009 and is headquartered in Malvern, Pennsylvania, United States.

Total Funding Amount:

$174M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Malvern, Pennsylvania, United States

Founded Date:

2009-01-01

Founders:

Robert Beardsley

Number of Employees:

11-50

Last Funding Date:

2023-02-15

IPO Status:

Public

Industries:

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