Galena Biopharma advances GALE-401 to Phase 3 By: MarketMinute.com Stock News December 28, 2016 at 18:27 PM EST Galena Biopharma Inc. (Nasdaq: GALE) will advance its GALE-401 into a pivotal Phase 3 clinical trial. Shares of the biopharmaceutical soared 42 cents to close at $2.38.