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Galapagos' IPF candidate GLPG1690 halts disease progression in mid-stage study; shares ahead 22% premarket [Seeking Alpha]

GALAPAGOS NV ADS (GLPG)  More Company Research Source: Seeking Alpha
Last galapagos nv ads earnings: 4/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: glpg.com/company-overview
PDF Thinly traded Galapagos N.V. (NASDAQ: GLPG ) is up   premarket on increased volume in response to its announcement of positive results from a Phase 2a clinical trial assessing GLPG1690 for the treatment of patients with idiopathic pulmonary fibrosis (IPF). After 12 weeks of treatment, patients receiving once-daily GLPG1690 showed an average increase from baseline in forced vital capacity (FVC) of 8 mL compared to a drop of 87 mL for placebo. FVC, a measurement of lung size, is the volume of air than can be exhaled following a deep inhalation. GLPG1690 is a small molecule inhibitor of  autotaxin , an enzyme that is up-regulated in many inflammatory conditions, including fibrosis. IPF is a progressive disorder that typically strikes adults over the age of 40. The prognosis is poor, with median survival of only 2-5 years. Ideopathic means that the cause of the disease is unknown. The data will be submitted for presentation at a future medical conference. The compan [Read more]

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