The Companyâs most targeted sectors include life science (100%). ... And we would like to fill that with getting a product into in-licensing or through an acquisition. Full Year 2017 Consolidated Financial Statements EN - NL. Galapagos NV has acquired 7 companies. The two companies are going after inflammatory conditions, one of the most lucrative areas in the pharmaceuticals industry. Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] announced today that the strategic transaction in which Selvita has ⦠The board of directors has currently not been authorized by an extraordinary shareholdersâ meeting to purchase or sell its own shares. Galapagos NV (NASDAQ:GLPG) Q1 2021 Earnings Conference Call May 07, 2021 08:00 AM ET Company Participants Elizabeth Goodwin - VP of IR Onno Van De Stolpe - ⦠The acquisition MECHELEN, Belgium and KRAKOW, Poland, Nov. 23, 2020 /PRNewswire/ -- Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] â announced today that they have signed an agreement under which Selvita will acquire 100% of the outstanding shares in Fidelta d.o.o. SC 13G/A Form - [Amend] Statement of acquisition of beneficial ownership by individuals - GALAPAGOS NV (0001421876) (Subject) Published: Jan 29, 2021, 8:14 PM UTC SEC SC 13G/A 1 a21-3591_3sc13ga.htm SC 13G/A “We see a logical rationale for the deal and believe that over time the closer relationship should help both companies,” RBC analyst Brian Abrahams wrote in a note, reiterating his “buy” recommendation on Gilead stock. H1 Report 2017 (pdf version) EN - NL. Q3 Report 2017 (pdf version) EN - NL. Generaal De Wittelaan L11 A3, We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Enbrel still brings in $7 billion annually after 20 years on the market. News provided by. The aforementioned rules are also applicable to the acquisition of shares of Galapagos NV by its subsidiaries. Strengthening Selvita's position as ⦠Galapagos NV has acquired in 1 US state, and 4 countries. Galapagos, which has more than 500 scientists, is part of a thriving biotech scene centered around Belgium, fueled by tax breaks and other incentives, with companies spun out of universities now listed on the local stock exchange. Selvita completes acquisition of Fidelta from Galapagos. Gilead will nominate two people to Galapagos’ board. Charles River Laboratories has entered into a definitive agreement to acquire the CRO services division of Galapagos NV, which includes both Argenta and BioFocus, for ⦠Selvita completes acquisition of Fidelta from Galapagos Galapagos NV January 4, 2021 GMT Mechelen, Belgium and Krakow, Poland â 04 January 2021, 22.01 TIME CET â Galapagos NV (Euronext & NASDAQ: GLPG) and Selvita S.A. (WSE: SLV) announced today that the strategic transaction in which Selvita has acquired Fidelta from Galapagos has been completed. Selvita completes acquisition of Fidelta from Galapagos Selvita completes acquisition of Fidelta from Galapagos. AbbVie's ABBV.N Humira, used to treat rheumatoid arthritis and spondylitis, racked up nearly $20 billion in sales in 2018, while Amgen AMGN.O and Pfizer's PFE.N Enbrel still brings in $7 billion annually after 20 years on the market. Sareum Holdings - Drug Discovery business, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. PR Newswire. Reporting by Ismail Shakil in Bengaluru; Additional reporting by Shubham Kalia, Phil Blenkinsop in Brussels and John Miller in Zurich; Writing by Georgina Prodhan in London; Editing by David Evans. Third Quarter. The rest of the investment will be used to develop and commercialize its treatments for a 10-year period, the companies said. 32 1 534 29 00 Selvita has acquired ⦠The closing of the transaction comes shortly after its first announcement on November 23, 2020. -Strengthening Selvitaâs position as one of the largest preclinical contract research organizations in Europe -. Galapagos NV (formerly known as Galapagos Genomics) is a European pharmaceutical research company which was founded in 1999. Join Mergr and gain access to Galapagos NVâs M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the life science sector. Barclays, Centerview Partners and Lazard acted as financial advisers to Gilead while Moelis & Co and Morgan Stanley advised Galapagos. Galapagos NVâs largest acquisition to date was in 2008, when it acquired Sareum Holdings ⦠The companies will share future development costs for filgotinib equally, replacing the 80-20 cost split provided by the original agreement, they said, with Galapagos gaining a broader role in the treatment’s commercialization in Europe. 4 Min Read (Reuters) - U.S. antiviral drugmaker Gilead Sciences GILD.O will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV ⦠Galapagos NV is a Belgium-based clinical-stage biotechnology company. See here for a complete list of exchanges and delays. Its headquarters are located in Mechelen and has additional locations in Leiden, Romainville, Basel, Milan, Madrid, Boston and Zagreb.The CEO is the Dutchman Onno van de Stolpe.. Itâs largest disclosed sale occurred in 2014, when it sold Galapagos NV - CRO Services Division to Charles River Laboratories International for $145M. www.glpg.com. WILMINGTON, Mass.--(BUSINESS WIRE)--Mar. Galapagos will receive a $3.95 billion upfront payment and a $1.1 billion equity investment from Gilead. H1 Report 2017 (online version) EN - NL. Gilead is paying a 10% premium to Friday’s closing price for the increased stake in Galapagos, but has a 10-year standstill agreement preventing it from raising its stake above 29.9%. It has also divested 4 assets. Transaction will almost double Selvitaâs revenues. (Reuters) - U.S. antiviral drugmaker Gilead Sciences, will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV. The two companies signed a collaboration deal in 2015 for Galapagosâ JAK1 inhibitor filgotinib. The move will bring Gilead’s new chief executive Daniel O’Day growth opportunities in Galapagos’s specialist areas including fibrosis and arthritis, and give Galapagos deep funds to develop and commercialize its drugs. Our Standards: The Thomson Reuters Trust Principles. (Reuters) - U.S. antiviral drugmaker Gilead Sciences GILD.O will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV GLPG.AS, news that lifted Galapagos's shares more than 18% to an all-time high on Monday. Gilead will get access to Galapagos’s drug pipeline outside of Europe. First Quarter. Selvita to acquire Fidelta from Galapagos. Galapagos NV is a clinical stage biotech company focused on developing novel mode of action medicines. Its pipeline comprises Phase 3, 2, 1, pre-clinical studies and discovery small-molecule and antibody programs in cystic fibrosis, inflammation, and other indications. Galapagos is a commercial-stage biotechnology company, specialized in the discovery and development of small molecule medicines with novel modes of action. , news that lifted Galapagos's shares more than 18% to an all-time high on Monday. Acquisition substantially expands Selvitaâs integrated drug discovery services offering. Galapagos NVâs largest acquisition to date was in 2008, when it acquired Sareum Holdings - Drug Discovery business for $783M. MECHELEN, Belgium and KRAKOW, Poland, Jan. 4, 2021 Galapagos’s most advanced drug in development is filgotinib, an experimental compound being advanced for rheumatoid arthritis and inflammatory bowel disease that Gilead intends to submit to the U.S. Food and Drug Administration this year. Two of the companies everyoneâs keeping an eye on is Gilead Sciences and Galapagos NV. Mechelen, Belgium and Krakow, Poland â 04 January 2021, 22.01 TIME CET â Galapagos NV (Euronext & NASDAQ: GLPG) and Selvita ⦠Galapagos NV (GLPG) Q1 2021 Earnings Call Transcript. These businesses are global leaders in integrated drug discovery services, with a predominant focus on in vitro capabilities. Contributor. Annual Report 2017 (pdf version) EN - NL. The company develops drugs against rheumatoid arthritis, crohn's disease, ⦠Mechelen, Belgium and Krakow, Poland â 23 November 2020, 22.15 CET â Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] â announced today that they have signed an agreement under which Selvita will acquire 100% of the outstanding shares in Fidelta d.o.o. Galapagos NV November 23, 2020. MECHELEN, Belgium and KRAKOW, Poland, Jan. 4, 2021 /PRNewswire/ -- Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] announced today that the strategic transaction in which Selvita As part of the deal, Gilead will spend $1.1 billion to lift its Galapagos stake to 22% from 12.3%. First Half. Mechelen, Belgium and Krakow, Poland â 23 November 2020, 22.15 CET â Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] â ⦠Galapagos will use the proceeds to expand and accelerate its research and development programs. The Company is focused on the discovery and development of small molecule medicines with novel modes of action. Galapagos flipped the switch Friday on its co-commercialization rights to the drug in ⦠Mechelen, Belgium and Krakow, Poland â 23 November 2020, 22.15 CET â Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] â ⦠Nov 23, 2020, 16:15 ET. 31, 2014-- Charles River Laboratories International, Inc. (NYSE: CRL) announced today that it has completed the previously announced acquisition of the CRO services division of Galapagos NV (Euronext: GLPG), which includes both Argenta and BioFocus. The Company is focused on the discovery and development of small molecule medicines with novel modes of action. entered into a definitive agreement to acquire the CRO services division of Galapagos NV (Euronext: GLPG), which includes both Argenta and BioFocus. Our ambition is to become a leading global biopharmaceutical company, focused on the discovery, development and commercialization of innovative medicines that will improve people's lives. All quotes delayed a minimum of 15 minutes. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. The deal follows a spate of biotech mergers last year including the acquisition of fellow Belgian biotech Ablynx by French drugmaker Sanofi SASY.PA for 3.9 billion euros ($4.4 billion) after a bidding war with Novo Nordisk NOVOb.CO. Shares in Galapagos rose 18.8% to 152.20 euros. Selvita to acquire Fidelta from Galapagos. Q3 Report 2017 (online version) EN - NL. Selvita; Galapagos NV. Gilead Sciences Inc. plans to pay $725 million to acquire a stake in Belgian drugmaker Galapagos NV and buy into an experimental drug that had ⦠Humira, used to treat rheumatoid arthritis and spondylitis, racked up nearly $20 billion in sales in 2018, while Amgen. Mechelen, 2800 The two companies first partnered four years ago to develop a drug targeting inflammatory diseases, with Gilead paying more than $2 billion for the development of filgotinib, as well as an equity stake in the European firm. Belgium, Galapagos was founded in 1999 and is based in Mechelen, Belgium. MECHELEN, Belgium and KRAKOW, Poland, Jan. 4, 2021 /PRNewswire/ --Galapagos NV [Euronext & NASDAQ: GLPG] and Selvita S.A. [WSE: SLV] announced today that the strategic transaction in which Selvita has acquired Fidelta from Galapagos has been completed. The deal follows a spate of biotech mergers last year including the acquisition of fellow Belgian biotech Ablynx by French drugmaker Sanofi, for 3.9 billion euros ($4.4 billion) after a bidding war with Novo Nordisk, Factbox: The Galapagos drugs pipeline that has drawn in Gilead. Galapagos NV is a Belgium-based clinical-stage biotechnology company. Selvita to acquire Fidelta from Galapagos. “We chose to partner with Galapagos because of its pioneering target and drug discovery platform, proven scientific capabilities and outstanding team,” O’Day said in a statement.
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