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Stock impact report

Drugmaker Galapagos names former J&J exec Paul Stoffels as CEO [Reuters]

Galapagos NV - American Depositary Shares (GLPG) 
Last galapagos nv - american depositary shares earnings: 10/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: glpg.com/company-overview
Company Research Source: Reuters
(Reuters) - Belgian drugmaker Galapagos NV on Wednesday named former Johnson & Johnson senior executive Paul Stoffels as its chief executive officer, effective April 1. Stoffels was the chief scientific officer of Johnson & Johnson since 2012 and spearheaded the development of its single-shot COVID-19 vaccine which won U.S. regulatory authorization in February last year. He retired from J&J at the end of 2021 and will replace current Galapagos top boss and co-founder Onno van de Stolpe after the latter's planned retirement. Stoffels also served on the Galapagos board of directors from its foundation in 1999 until 2002. “Given his extraordinary R&D as well as managerial experience, extensive network, along with his deep understanding of Galapagos' strengths and potential, we are convinced that Paul is uniquely qualified to lead Galapagos,” Raj Parekh, chairman of Galapagos, said in a statement. Galapagos develops treatments for inflammatory diseases and kidney ailments. It Show less Read more
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