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Galapagos, Gilead
Galapagos to amend Gilead deal; to spin off innovative medicines unit
Belgian biotech Galapagos (NASDAQ:GLPG) announced a major restructuring drive on Wednesday, with plans to amend its 10-year collaboration with Gilead (NASDAQ:GILD) as part of its intention to create a new publicly traded entity focused on innovative medicines.
Galapagos to Spin Out Innovative Medicines, Regain Gilead Assets
By mid-2025, the biotech will split into two entities: a new, as-yet-unnamed innovative medicines specialist and a cell therapy company, the latter of which will inherit the Galapagos name.
Galapagos to spin off innovative medicines business
Amsterdam-listed pharmaceutical firm Galapagos said on Wednesday it was planning to split into two listed entities by mid-2025, creating a new company focused on innovative medicines. The group, headquartered in the city of Mechelen in Belgium,
FierceBiotech
5h
Galapagos splits in 2, laying off 40% of staff, shrinking pipeline and ending Gilead partnership
After the separation, Gilead will hold around 25% of the outstanding shares in both Galapagos and the spin-off company. While ...
STAT
3h
Galapagos to split itself into two companies as part of turnaround plan
The beleaguered Belgian firm Galapagos is splitting itself into two companies, with the brandname biotech prioritizing ...
16h
Gilead Sciences Inc. stock underperforms Tuesday when compared to competitors
This was the stock's fourth consecutive day of losses.
Christianity Today
3h
The Balm of Gilead Grows Again, Maybe
And other news from Christians around the world.
1d
Gilead price target lowered to $83 from $84 at RBC Capital
RBC Capital analyst Brian Abrahams lowered the firm’s price target on Gilead (GILD) to $83 from $84 and keeps a Sector Perform rating on the ...
1d
on MSN
Here’s Why TCW Relative Value Large Cap Fund Exited its Position in Gilead Sciences (GILD)
TCW Funds, an investment management company, released its “TCW Relative Value Large Cap Fund” Q3 2024 investor letter. A copy ...
10d
Gilead Sciences: 2025 Preview, A Buy Thanks To Thriving HIV Franchise
Gilead stock rated buy for thriving HIV biz, promising oncology pipeline, and long-term growth potential despite volatility.
Irish Independent on MSN
1d
Gilead gives its blessing to Poolbeg Pharma’s Hookpia merger deal
US biopharmaceuticals giant Gilead has thrown its weight behind a potential merger of Ireland’s Poolbeg Pharma and Austria ...
1d
Gilead Sciences Inc. stock outperforms competitors despite losses on the day
This was the stock's third consecutive day of losses.
Yahoo Finance
4d
Gilead Sciences (GILD) Stock Declines While Market Improves: Some Information for Investors
The most recent trading session ended with
Gilead
Sciences (GILD) standing at $91.41, reflecting a -0.51% shift from the previouse trading day's closing. The stock's performance was behind the S&P ...
stocknews
1d
3 Biotech Innovators Advancing Genetic Therapies
The biotechnology market experiences significant growth, fueled by advancements in genetic therapies and supportive global ...
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