Galapagos had a good year

Friday 24 February 2017


Galapagos NV more than doubled its revenue in 2016 while paring its operating loss to a manageable €11.4 million compared with €89.4 million a year earlier. Moreover, the Belgian company finished the year with cash holdings of €980.9 million, which was greater than the cumulative investments made by all equity investors in the company since its founding in 1999.