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Galapagos NV

Galapagos NV

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Publicatie datum 28 apr 2016 - 22:10
Statutaire naam Galapagos NV
Titel Galapagos kick-starts 2016 with Q1 cash position of €988 M
Bericht First quarter financial results: Group revenues €14.8 M Group net profit €35.9 M End of first quarter cash €987.6 M, including €9.3 M in restricted cash Progress in R&D Closed transformational deal with Gilead on filgotinib Announced expansion of cystic fibrosis portfolio Initiated SAPHIRA Phase 2 study with GLPG1837 in CF patients Guidance reiterated for 2016 cash burn of €100 - 120 M Mechelen, Belgium; 28 April 2016 - Galapagos NV (Euronext & NASDAQ: GLPG) announces its unaudited first quarter results, which are further detailed in an online Q1 2016 report published on the Galapagos website, www.glpg.com.