NEW YORK, Aug. 12, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Global Blood Therapeutics, Inc. (Nasdaq:GBT) commenced on The Nasdaq Stock Market on August 12, 2015.
Global Blood Therapeutics, Inc. (GBT) is a clinical stage biopharmaceutical company dedicated to discovering, developing and commercializing novel, small molecule therapeutics to treat grievous blood-based disorders with significant unmet need. GBT is developing its initial product candidate, GBT440, as an oral, once-daily prophylactic therapy for sickle cell disease (SCD) and is currently evaluating GBT440 in both healthy subjects and SCD patients in a randomized, placebo-controlled, double-blind Phase 1/2 clinical trial. In addition to GBT440 for the treatment of SCD, GBT is engaged in research and development activities targeted toward hypoxemic pulmonary disorders, including idiopathic pulmonary fibrosis, and hereditary angioedema.
“GBT is working to provide solutions to serious blood-based diseases for which there are currently very limited therapeutic options,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are proud to welcome GBT to our family of pioneering companies, and we look forward to supporting its growth and success in the future.”
By listing with Nasdaq, Global Blood Therapeutics, Inc. joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice to over 77 percent of health care companies listed on U.S. markets.
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