Thread regarding Galapagos N.V. ADS layoffs

Galapagos cuts 100 positions

Galapagos NV announced in its full-year results for 2023 that it has “streamlined” its operations and reduced around 100 positions across the board. The company said in a statement that this staff reduction is to “align with the Galapagos’ renewed focus on innovation.” However, no details were given on where the positions were cut or exactly when they occurred. Galapagos is also halting the development of its CD19 CAR-T candidate in refractory systemic lupus erythematosus “for strategic reasons,” the Belgian biotech said.

https://www.biospace.com/article/biospace-layoff-tracker-2023-athenex-shutters-facility-cuts-staff/

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