Sunstone still has faith in gains from investment in failed Galecto

”I still believe that they will find a way to get that drug out into the world,” says the managing partner of major investor Sunstone Life Science Ventures.
Søren Lemonius, managing partner at Sunstone Life Science Ventures | Photo: Sunstone / Pr
Søren Lemonius, managing partner at Sunstone Life Science Ventures | Photo: Sunstone / Pr

It is too early to put the biotech company Galecto Biotech in the grave and completely rule out all hope for the company, even though it recently failed in a crucial phase II trial with the lead candidate GB0139, which has therefore been scrapped.

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