UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
Under
the Securities Exchange Act of 1934
For
the Month of July 2026
001-36345
(Commission
File Number)
GALMED
PHARMACEUTICALS LTD.
(Exact
name of Registrant as specified in its charter)
c/o
Meitar Law Offices Abba Hillel Silver Rd.,
Ramat
Gan, 5250608
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
On
July 28, 2026, Galmed Pharmaceuticals Ltd. (the “Company”) issued a press release entitled “Galmed Announces Breakthrough
Development of Dispersible Film Delivery (ODF), Brain Penetrating formulation of its SCD1 inhibitor Aramchol for Parkinson’s Disease,
Targeting $6 Billion Market.” A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The
first paragraph of the press release attached as Exhibit 99.1 to this Form 6-K is hereby incorporated by reference into the Company’s
Registration Statements on Form S-8 (Registration Nos. 333-206292, 333-227441, 333-284163, and 333-290399) and the Company’s Registration
Statements on Form F-3 (Registration Nos. 333-272722 and 333-283241).
EXHIBIT
INDEX
Exhibit
No. |
|
Description |
| |
|
|
| 99.1 |
|
Press Release, dated July 28, 2026. |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
| |
Galmed
Pharmaceuticals Ltd. |
| |
|
|
| Date:
July 28, 2026 |
By: |
/s/
Allen Baharaff |
| |
|
Allen
Baharaff |
| |
|
President
and Chief Executive Officer |
Exhibit
99.1
Galmed
Announces Breakthrough Development of Dispersible Film Delivery (ODF), Brain Penetrating formulation of its SCD1 inhibitor Aramchol for
Parkinson’s Disease, Targeting $6 Billion Market
| ● | Aramchol
meglumine is the only SCD1 inhibitor with an established clinical safety profile and confirmed
blood-brain barrier (BBB) penetration. |
| ● | In
order to improve patient convenience and long-term treatment adherence by Parkinson patients
affected by dysphagia, an ODF formulation was developed demonstrating ~150% higher systemic
bioavailability and ~300% significant increase in CNS exposure than conventional oral administration. |
| ● | Aramchol’s
ODF is characterized by rapid buccal and sublingual absorption and reduced first-pass hepatic
metabolism, designed to maximize drug exposure within the brain. |
| |
● |
Galmed believes that the
development of a clinically characterized SCD1 inhibitor with a CNS-optimized drug delivery formulation represents a differentiated
strategy in a therapeutic area where disease-modifying treatment options remain limited, positioning Aramchol’s PD program as
an ideal out-licensing candidate. |
RAMAT-GAN,
Israel, July 28, 2026 /PRNewswire/ — Galmed Pharmaceuticals Ltd. (NASDAQ: GLMD) (“Galmed” or the “Company”),
a clinical-stage biopharmaceutical company focused on liver, cardiometabolic and oncology diseases, today announced continued advancement
of Aramchol as a potential disease-modifying therapy for Parkinson’s disease (PD), reporting significant progress in development
of new Aramchol orally dispersible film (ODF) formulation. The data demonstrate ~150% higher systemic bioavailability and ~300% significant
increase in CNS exposure than conventional oral administration. In addition to enhancing CNS drug delivery, Aramchol’s proprietary
ODF formulation directly addresses one of the most common clinical challenges in Parkinson’s disease (PD). Up to 80% of patients
develop dysphagia during disease progression, making conventional tablets and liquid formulations increasingly difficult
to swallow and contributing to poor treatment adherence. Aramchol’s rapidly dissolving ODF formulation dissolves within seconds
without water, eliminates the need to swallow conventional tablets or liquids, thus simplifying administration and possibly
improving long-term treatment adherence.
The
inhibition of stearoyl-CoA desaturase 1 (SCD1) is a novel disease approach in Parkinson’s Disease, that targets the cause of neurodegeneration.
Growing evidence identifies SCD1 as a central regulator of lipid metabolism that contributes to α-synuclein aggregation, Lewy body
formation, and neuronal dysfunction. Unlike currently approved therapies that primarily improve motor symptoms through dopaminergic replacement,
Aramchol targets SCD1-related biological mechanisms associated with disease progression. As previously reported, Galmed’s in-vitro
data demonstrated that Aramchol dose-dependently down-regulated αSyn aggregation as well as indicating that the effect was
not associated with toxicity.
Galmed’s
ODF formulation of Aramchol represents a dual innovation: a mechanism-based approach to slowing disease progression combined with patient-friendly
drug delivery that addresses dysphagia affecting Parkinson’s patients.
Allen
Baharaff, Galmed’s Co-founder and CEO, commented: “We believe that combining enhanced CNS exposure to SCD1 inhibition with
convenient administration creates an important competitive advantage of Aramchol ODF formulation over conventional therapies. In our
view, Aramchol’s potential for the treatment of PD combines several characteristics that are unique: A well-characterized mechanism
of action through SCD1 inhibition, extensive human clinical experience from previous studies with an established safety and tolerability
profile, demonstrated preclinical brain penetration, and proprietary ODF technology that significantly enhances CNS drug exposure.
These attributes support our belief that this positions Aramchol’s program for PD as an ideal candidate for co-development and
out-licensing to capture significant value within the $6+ billion global Parkinson’s therapeutics market, where disease-modifying
options remain critically needed.”
About
Galmed Pharmaceuticals Ltd.:
Galmed
Pharmaceuticals Ltd. is a biopharmaceutical and medical device company focused on developing innovative solutions for gastrointestinal,
cardiometabolic and oncology indications. The Company is advancing Aramchol and related product candidates for GI oncology and other
potential indications, while also exploring novel targeted delivery technologies and therapeutic approaches for cardiometabolic diseases.
In addition, through its wholly owned subsidiary, Colospan Ltd., the Company is developing and commercializing CG-100, a medical device
designed to address complications associated with colorectal surgery. Galmed’s strategy is to build a diversified platform that
leverages its expertise in drug development, medical devices and gastrointestinal disease to address significant unmet medical needs.
Forward-Looking
Statements:
Forward-looking
statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking
statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could
cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Forward-looking
statements may include, but are not limited to, statements relating to the potential of of Aramchol in combination enzalutamide and docetaxel
to treat prostrate cancer. Many factors could cause our actual activities or results to differ materially from the activities and results
anticipated in forward-looking statements, including, but not limited to, our inability to recognize the anticipated benefits of the
acquisition of Colospan; expectations with respect to future performance and growth of Colospan; the development and approval of the
use of Aramchol or any other product candidate for indications outside of non-alcoholic steatohepatitis, or NASH, also known as metabolic
dysfunction-associated steatohepatitis, or MASH, and fibrosis or in combination therapy; the timing and cost of any pre-clinical or clinical
trials of CG-100, Aramchol or any other medical device or product candidate we develop; completion and receiving favorable results of
any pre-clinical or clinical trial; regulatory action with respect to CG-100, Aramchol or any other medical device or product candidate
by the U.S. Food and Drug Administration, or the FDA, or the European Medicines Authority, or EMA, including but not limited to acceptance
of an application for marketing authorization, review and approval of such application, and, if approved, the scope of the approved indication
and labeling; the commercial launch and future sales of CG-100, Aramchol and any future medical devices or product candidates; our ability
to comply with all applicable post-market regulatory requirements for CG-100, Aramchol, or any other medical device or product candidate
in the countries in which we seek to market the product; our ability to achieve favorable pricing for CG-100, Aramchol, or any medical
device or other product candidate; third-party payor reimbursement for CG-100, Aramchol, or any other medical device or product candidate;
our estimates regarding anticipated capital requirements and our needs for additional financing; market adoption of CG-100 Aramchol or
any other medical device or product candidate by physicians and patients; the timing, cost or other aspects of the commercial launch
of CG-100, Aramchol or any other medical device or product candidate; our ability to obtain and maintain adequate protection of our intellectual
property; the possibility that we may face third-party claims of intellectual property infringement; our ability to manufacture our CG-100
or product candidates in commercial quantities, at an adequate quality or at an acceptable cost; our ability to establish adequate sales,
marketing and distribution channels; intense competition in our industry, with competitors having substantially greater financial, technological,
research and development, regulatory and clinical, manufacturing, marketing and sales, distribution and personnel resources than we do;
our expectations regarding licensing, acquisitions and strategic operations; current or future unfavorable economic and market conditions
and adverse developments with respect to financial institutions and associated liquidity risk; our ability to maintain the listing of
our ordinary shares on The Nasdaq Capital Market; and the security, political and economic instability in the Middle East that could
harm our business, including due to the current security situation in Israel. We believe these forward-looking statements are reasonable;
however, these statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that
may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from
those anticipated by the forward-looking statements. We discuss many of these risks in our Annual Report on Form 20-F for the year ended
December 31, 2025, filed with the SEC on March 31, 2026 in greater detail under the heading “Risk Factors.” Given these uncertainties,
you should not rely upon forward-looking statements as predictions of future events. All forward-looking statements attributable to us
or persons acting on our behalf speak only as of the date hereof and are expressly qualified in their entirety by the cautionary statements
included in this report. We undertake no obligations to update or revise forward-looking statements to reflect events or circumstances
that arise after the date made or to reflect the occurrence of unanticipated events. In evaluating forward-looking statements, you should
consider these risks and uncertainties.
Investor
and Media contact:
Guy
Nehemya, +972-3-693-8448, investor.relations@galmedpharma.com