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Stock impact report

Galapagos Partners With Gilead on Gamgertamig, Unlocks $500M Cash and Eyes 2027 Registrational Trials [Yahoo! Finance]

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: Yahoo! Finance
the companies splitting an upfront component and milestone payments (including references to roughly $1.675 billion and up to $500 million in milestones) and Galapagos eligible for up to $100 million in development milestones. The deal amends the legacy OLCA and “unlocks” an additional $500 million of Galapagos cash (including up to $150 million potentially available for return of capital), while Gilead will hold global commercialization rights outside Greater China and Galapagos will receive 20%–23% royalties. Clinically, Gamgertamig is in phase 1b with 60 autoimmune patients treated (over 160 across all trials), has Fast Track and Orphan designations for hemolytic anemia and ITP, aims to identify a go-forward dose/schedule by end-2026 and could enter registrational studies “as early as .” Interested in Galapagos NV? Here are five stocks we like better. Galapagos (NASDAQ:GLPG) said it has entered into a binding collaboration agreement with Gilead focused on Gamgertamig, a BCM Show less Read more
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