Toledo Data Fail To Give Galapagos A Lift

Underwhelming Results For Lead SIK Inhibitor

Jul 15 2021

Lead Toledo compound GLPG3970 has failed to live up to expectations in three clinical studies, setting Galapagos's pipeline plans back and causing further concern among the investment community.

Iguana — Galapagos pipeline stuck again • Source: Shutterstock

Initial data from Galapagos NV's closely watched Toledo program, seen as key to the future hopes for the embattled Belgian biotech, have failed to impress analysts or investors, with the stock heading south again.

Galapagos's pipeline has been a cause of concern since October 2020 when the osteoarthritis drug GLPG1972, an ADAMTS-5 inhibitor partnered...

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