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Galmed to acquire Colospan, adding FDA Breakthrough Device tech for colorectal surgery needs.

Company Fundamentals
08 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

Galmed Pharmaceuticals announced an agreement to acquire Colospan, a medical device company with a CE-marked intraluminal bypass device designed to reduce complications in colorectal surgery. The CG-100 device has FDA Breakthrough Device Designation and is in a pivotal U.S. clinical trial, aiming to reduce the need for diverting stomas that impact patient quality of life. The acquisition, expected to close in Q2 2026, will position Galmed as a GI-focused medtech and biopharmaceutical platform, with plans to launch the device commercially in Europe by H2 2026 starting in Germany, Austria, and Switzerland. This move accelerates Galmed's strategy to offer innovative solutions for colorectal surgery complications and expand its clinical and commercial capabilities.

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