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Galapagos NV

Coordinates: 51°03′19″N 4°27′08″E / 51.05528°N 4.45222°E / 51.05528; 4.45222
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Galapagos NV
FormerlyGalapagos Genomics NV
Company typeNaamloze vennootschap
EuronextGLPG
NasdaqGLPG
IndustryPharmaceutical
Founded1999
HeadquartersMechelen, Belgium
Key people
Onno van de Stolpe (CEO), Raj Parekh (Chairman)
Productsfilgotinib; GLPG1205; GLPG0778
Revenue€151.6 million (2016)[1]
€54.0 million (2016)[1]
Total assets€1,083 million (end 2016)[1]
Total equity€758.7 million (end 2016)[1]
Number of employees
508 (end 2016)[1]
Websitewww.glpg.com

Galapagos NV (formerly known as Galapagos Genomics) is a Belgo-Dutch pharmaceutical research company which was founded in 1999. Its headquarters are located in Mechelen and has additional locations in Leiden, Romainville and Zagreb. The CEO is the Dutchman Onno van de Stolpe.

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

History

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.

Drugs currently under development

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

See also

References

  1. ^ a b c d e "Galapagos Annual Report 2016". Galapagos. Retrieved 27 March 2017.
  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. ^ "Galapagos NV (GLPG) Begins Phase 1 Study with Novel CF Corrector GLPG3221". StreetInsider.com. Retrieved 2017-12-14.