Galapagos NV
FormerlyGalapagos Genomics NV
Company typeNaamloze vennootschap
Euronext Amsterdam: GLPG
BEL 20 component
ISINBE0003818359
IndustryPharmaceutical
Founded1999
HeadquartersMechelen, Belgium
Key people
Paul Stoffels (CEO)
Raj Parekh (Chairman)
ProductsFilgotinib; GLPG1205; GLPG0778
Revenue€288.836 million (2018)[1]
€-29.259 million (2018)[1]
Total assets€1,439.496 million (2018)[1]
Total equity€1,214.249 million (2018)[1]
Number of employees
725 (2018)[1]
Websitewww.glpg.com

Galapagos NV (formerly known as Galapagos Genomics) is a Belgian pharmaceutical research company which was founded in 1999. Its headquarters are located in Mechelen and has additional locations in Leiden, Romainville, Basel, Milan, Madrid, Boston and Zagreb.

The company develops drugs against rheumatoid arthritis, Crohn's disease, ulcerative colitis, psoriasis, systemic lupus erythematosus and cystic fibrosis.[2]

History

Galapagos (Leiden branch, 2022)

Galapagos Genomics NV was founded in 1999 as a joint venture between Crucell and Tibotec.[3] The company later changed its name to Galapagos NV and completed its initial public offering on Euronext Amsterdam and Euronext Brussels in May 2005.[4]

The company uses a technological platform for its research, which is based on adenoviruses to introduce human gene sequences into a wide variety of human cell lines to knock-in or knock-down specific proteins.

In 2019, Gilead Sciences and Galapagos entered into transformative research and development collaboration. Gilead and Galapagos have also agreed to amend certain terms around the development and commercialization of filgotinib.[5]

In June 2022, the business announced it would acquire CellPoint for €125 million, with milestones of up to €100 million and AboundBio for $14million.[6]

Effective April 1, 2022 Paul Stoffels replaced cofounder and CEO of 20 years Onno van de Stolpe. [7]

Company

A German company, Galapagos Biopharma Germany GmbH, was established in 2019 and is headquartered in Munich, Germany.[8] In December 2021, the company established an Austrian subsidiary, Galapagos Biopharma Austria GmbH, headquartered in Vienna, Austria.[9]

Drugs

See also

References

  1. ^ a b c d e "Galapagos Annual Report 2018". Galapagos.
  2. ^ Todd Campbel (9 June 2016). "Why Galapagos NV Shares Soared 30.5% in May". The Motley Fool.
  3. ^ "History". Galapagos.
  4. ^ "Galapagos Genomics gaat zelf medicijnen ontwikkelen" [Galapagos Genomics to develop medicines themselves]. Het Nieuwsblad (in Dutch). 16 April 2005.
  5. ^ Gilead and Galapagos Enter Into Transformative Research and Development Collaboration, PM Gilead July 14, 2019, Retrieved 2020-05-09
  6. ^ "Galapagos to acquire CellPoint and AboundBio to accelerate access to next-generation cell therapies".
  7. ^ "Drugmaker Galapagos names former J&J exec Paul Stoffels as CEO". Reuters. 26 January 2022.
  8. ^ "Galapagos Biopharma Germany GmbH, München" (in German). Retrieved 2023-06-16.
  9. ^ "Galapagos Biopharma Austria GmbH, Wien, Österreich" (in German). Retrieved 2023-06-16.

External links

51°03′19″N 4°27′08″E / 51.05528°N 4.45222°E / 51.05528; 4.45222

Selected BEL 20 companies of Belgium
Authority control databases
Categories