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Toledo Data Fail To Give Galapagos A Lift

Underwhelming Results For Lead SIK Inhibitor

 
• By Kevin Grogan

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.

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