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Galapagos raises €53.9mm through private placement

Executive Summary

Galapagos NV raised €53.9mm ($70.1mm) through the sale of 2.7mm new shares at €20 (a 5% premium) to US and European institutional investors. The company is developing small molecules and antibodies for inflammation, metabolic diseases, cystic fibrosis, rheumatoid arthritis, and other serious conditions.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
      • Antibodies
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Equity
    • Private Placement

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