GlycoMimetics, Inc. (GLYC)

USD 0.26

(-0.46%)

Market Cap (In USD)

16.87 Million

Revenue (In USD)

10 Thousand

Net Income (In USD)

-36.89 Million

Avg. Volume

1.43 Million

Currency
USD
Country
Healthcare
Open
-
Prev. Close
-
Day Range
-
Year Range
0.14-3.53
PE
-0.44
EPS
-0.59
Beta Value
1.842
ISIN
US38000Q1022
CUSIP
38000Q102
CIK
1253689
Shares
64513900.0
Earnings Annoncement
-

Company Profile

Sector
Healthcare
Industry
Biotechnology
CEO
Mr. Harout Semerjian
Employee Count
-
Website
https://www.glycomimetics.com
Ipo Date
2014-01-10
Details
GlycoMimetics, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of novel glycomimetic drugs to address unmet medical needs resulting from diseases in the United States. It is developing uproleselan, an E-selectin inhibitor, which is used in combination with chemotherapy to treat acute myeloid leukemia (AML), as well as in phase 3 trial to treat relapsed/refractory AML. In addition, the company is developing GMI-1359, which targets e-selectin and a chemokine receptor for the treatment of cancers that affect the bone and bone marrow, including solid tumors. It also develops various other programs, including GMI-1687, an antagonist of E-selectin to treat vaso-occlusive crisis; and galectin-3 antagonists, a carbohydrate-binding protein. The company has a cooperative research and development agreement with the National Cancer Institute; and a collaboration and license agreement with Apollomics (Hong Kong) Limited for the development and commercialization of uproleselan and GMI-1687. GlycoMimetics, Inc. was incorporated in 2003 and is headquartered in Rockville, Maryland.