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Galapagos Urged To Get The Cheque Book Out For Bigger BD

 
• By Kevin Grogan

The Belgium-based biotech needs to do more with its plentiful cash pile than just “fairly small transactions” to boost its promising but very early-stage pipeline to inspire investors, according to one analyst.

Galapagos HQ
• Source: Galapagos

Galapagos NV CEO Paul Stoffels believes the company has been transformed into "a pure-play biotech with a revitalized pipeline" after a turbulent few years but some observers are wondering when the Belgian firm will dip into its very considerable cash pile for a transformational deal.

There have been a number of strategic shifts at Galapagos, which has been hit by a number of high-profile clinical failures and setbacks for its JAK inhibitor Jyseleca (filgotinib) that...

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