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New
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Galapagos Posts 2025 Profit and Accelerates Strategic Exit from Cell Therapy
Galapagos reported a significant turnaround in 2025, moving from an operating loss to a profit of €295.1 million, largely due to a €1.069 billion deferred income release from a collaboration. The company is strategically exiting its cell therapy business, streamlining its workforce, and focusing on immunology with promising Phase 2 data for its TYK2 inhibitor GLPG3667, while also exploring partnership opportunities. This strategic repositioning aims for business development-led growth and cash flow neutrality by late 2026.