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(GLPGF), (GLPG) - Galapagos Drops Early Metabolic & Osteoarthritis Programs, Reorganizes R&D Efforts

(GLPGF), (GLPG) - Galapagos Drops Early Metabolic & Osteoarthritis Programs, Reorganizes R&D Efforts
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Galapagos NV: Galapagos refocuses pipeline and rightsizes operations

Galapagos NV: Galapagos refocuses pipeline and rightsizes operations Filgotinib launch in Europe on track Initiated unaudited the . These last months, we completed a review of our portfolio and development plans with the goal to select a more risk-balanced pipeline. We decided to retain our focus on novel targets to address unmet medical needs in inflammation, fibrosis, and kidney diseases. We also remain fully committed to the launch of Jyseleca in Europe. Moving forward with confidence, we decided to: Refocus our clinical pipeline by critically examining its risk profile and breadth; Cut significant cost in the organization to support this re-sized pipeline development;

Investegate |Galapagos NV Announcements | Galapagos NV: Galapagos refocuses pipeline and rightsizes operations

. “These last months, we completed a review of our portfolio and development plans with the goal to select a more risk-balanced pipeline. We decided to retain our focus on novel targets to address unmet medical needs in inflammation, fibrosis, and kidney diseases. We also remain fully committed to the launch of Jyseleca in Europe. Moving forward with confidence, we decided to: Refocus our clinical pipeline by critically examining its risk profile and breadth; Cut significant cost in the organization to support this re-sized pipeline development; Task our business development team to identify and execute on a transformative opportunity. We believe that our strong cash position, expert teams, and solid scientific foundation position us well for future growth,” said Onno van de Stolpe, CEO of Galapagos.

Galapagos refocuses pipeline and rightsizes operations

Galapagos refocuses pipeline and rightsizes operations   May 06, 2021 16:01 ET | Source: Galapagos NV Galapagos NV Filgotinib launch in Europe on track Initiated unaudited the . “These last months, we completed a review of our portfolio and development plans with the goal to select a more risk-balanced pipeline. We decided to retain our focus on novel targets to address unmet medical needs in inflammation, fibrosis, and kidney diseases. We also remain fully committed to the launch of Jyseleca in Europe. Moving forward with confidence, we decided to: Refocus our clinical pipeline by critically examining its risk profile and breadth; Cut significant cost in the organization to support this re-sized pipeline development;

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