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Damora Therapeutics, Inc.

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Damora Therapeutics, Inc.

GLTO·NASDAQ·Healthcare·CIK 0001800315

Damora Therapeutics is a biopharmaceutical company that develops treatments for blood disorders. The company expanded its product pipeline by acquiring three product candidates designed to treat myeloproliferative neoplasms (MPNs), which are chronic bone marrow disorders. Damora's primary product candidate is DMR-001, which targets mutant forms of the calcium binding protein calreticulin (mutCALR). The company has licensed exclusive worldwide development and commercialization rights for DMR-001 from Paragon Therapeutics, Inc. under an agreement dated October 7, 2025. Damora plans to develop DMR-001 to treat essential thrombocythemia (ET), an MPN characterized by excessive platelet production, and myelofibrosis (MF), an MPN involving the overproduction of blood cells and fibrous tissue in the bone marrow and spleen. Approximately 25% of ET cases and 35% of MF cases are caused by mutCALR, rather than mutations in Janus-associated kinase 2 (JAK2). DMR-001 is designed to selectively target cells expressing mutCALR, aiming to avoid the side effects of non-specific cytoreductive drugs. It was also designed for increased affinity, potency, and a prolonged half-life compared to other mutCALR-targeting antibodies in development. Damora also holds options to license exclusive worldwide development and commercialization rights from Paragon for two additional mutCALR-targeting product candidates, DMR-002 and DMR-003. The company intends to submit an Investigational New Drug Application (IND) or Clinical Trial Application (CTA) for DMR-001 and DMR-002 in mid-2026 and the second half of 2026, respectively, and for DMR-003 in 2027.

Damora Therapeutics, Inc. (NASDAQ:GLTO) is a publicly traded company in the Healthcare sector. Wiseek monitors GLTO SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Damora Therapeutics Rebrands, Reports Strong $535M Cash, and Outlines Accelerated Pipeline Development
  • Major Investor Fairmount Converts Preferred Stock, Agrees to 60-Day Lock-Up
  • Galecto Finalizes $295.9M Public Offering to Fund Phase 3 Development
  • Galecto Prices Highly Dilutive $275M Public Offering at Discount
  • Galecto Files for $150M At-The-Market Offering Priced at Premium to Current Stock Price
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$29.2 +1.78% today
Market cap
$1.73B
Volume
231.7K (0.8× avg)
3-mo avg 294.1K
Live data · 2026-06-14 05:28 UTC · Market closed

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Mar 10, 2026, 8:00 AM EDT
Filing Type: 8-K
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Feb 10, 2026, 8:00 AM EST
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Jan 12, 2026, 8:00 AM EST
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Jan 06, 2026, 8:16 AM EST
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Market Cap: $1.728B info