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Aandeel Galapagos AEX:GLPG.NL, BE0003818359

  • 26,560 26 apr 2024 12:16
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Galapagos November 2015

5.550 Posts
Pagina: «« 1 ... 96 97 98 99 100 ... 278 »» | Laatste | Omlaag ↓
  1. NielsjeB 13 november 2015 09:12
    Haha, je zal je stukjes weer hebben ingeleverd aan 41 eurootjes. Balen dat de optiehandel zo traag op gang kwam, maar weinig koopjes kunnen scoren :(

    Zelfs de cashburn is binnen guidance gebleven, en maar dumpen? Na de ACR vele euro's erbij, en nu ineens is de toko klote? Rare beurs :P
  2. _Giulietta_ 13 november 2015 09:16
    quote:

    NielsjeB schreef op 13 november 2015 09:12:

    Haha, je zal je stukjes weer hebben ingeleverd aan 41 eurootjes. Balen dat de optiehandel zo traag op gang kwam, maar weinig koopjes kunnen scoren :(

    Zelfs de cashburn is binnen guidance gebleven, en maar dumpen? Na de ACR vele euro's erbij, en nu ineens is de toko klote? Rare beurs :P
    De beurs overdrijft. :)

    Wel mooi herstel vanaf DL, niet meer dan logisch overigens.
  3. NielsjeB 13 november 2015 09:17
    Jefferies 3Q Update as Expected; Re-partnership Talks
    in Progress
    3Q update as expected with financials tracking in-line and the pipeline
    on-track. Understandably there is no update on discussions to re-partner
    filgotinib, likely to be a focus for the call. Despite AbbVie not exercising its
    option on filgotinib late-Sept, we still believe the drug has significant value,
    with $3bn peak sales for €40/share NPV, at least pending a new top-tier
    commercial partner. A possible deal and pipeline news are catalysts, hence the
    Buy.
    3Q update as expected: Revenues and OpEx spend are tracking in-line with our full year
    estimates, hence our forecasts remain unchanged. Net Cash of €374m at 30 September
    2015 should be sufficient to fund development of the pipeline beyond 2017E, in our view,
    even if Galapagos initially fully funds the filgotinib Phase III trials in rheumatoid arthritis
    (RA). Discussions to re-partner filgotinib are "opening up" with "multiple partners", but
    understandably no further details are provided. We expect the types of deal and timing to
    be key questions on the 1pm GMT (8am EST) conference call.
    2015 cash burn aim reiterated: Management still anticipates full year cash burn
    between €110-130m, with our current €128m forecast near the top-end.
    Pipeline on-track: (1) Filgotinib Phase II FITZROY top-line 10-week results in Crohn's
    disease during December; (2) Filgotinib Phase III programme in rheumatoid arthritis
    anticipated to commence in 1H16E; (3) Headline data from the GLPG1205 proof-of-concept
    Phase IIa study (ORIGIN) in ulcerative colitis during 1Q16E; and (4) Phase II trial with
    potentiator GLPG1837 in G551D cystic fibrosis patients likely to start by YE, in addition to
    Phase I for corrector GLPG2222.
    Filgotinib still competitive: All filgotinib rights reverted to Galapagos late-September
    as AbbVie (ABBV, $60, Buy) elected not to exercise its option, preferring to advance its own
    once-daily JAK1 inhibitor ABT-494 into Phase III by YE15. Given filgotinib's impressive Phase
    IIb data vs. both other oral JAK inhibitors and marketed biologics, we remain confident in
    blockbuster potential. We forecast $3bn WW peak sales, with $2.75bn in RA after launch by
    YE18E. We assume a 60% probability for a €40/share NPV, pending a new deal with a top-tier
    partner able to provide the necessary commercial reach and development expertise. Phase
    III trials are still on-track to begin 1H16E. We understand management would prefer to sign
    a partner before discussions with US FDA on the Phase III trial design, both to optimise the
    clinical plan and hear feedback on use of the highest dose in males, after the regulator's pre-
    Phase IIb concerns about preclinical testicular toxicity findings.
    Cystic fibrosis momentum: We are encouraged by progress in the AbbVie CF alliance,
    with a second corrector candidate GLPG2665 recently chosen and Phase I data from
    potentiator GLPG1837 demonstrating safety and good tolerability at the NACFC conference,
    9 October. The commercially important triple combination could enter Phase II by 1H17E,
    with '1837 also likely to be developed in Phase II alone for the niche G551D patient
    population. Our sum-of-the-parts includes a conservative c.€4/share NPV for the CF
    collaboration assuming a 20% likelihood of $1bn peak sales.
  4. [verwijderd] 13 november 2015 09:17
    quote:

    Staycalm schreef op 13 november 2015 09:14:

    Wat is de beurs toch een geweldig fenomeen...je krijgt koopjes in je schoot geworpen van kwaliteitsaandeel....alsof je een unieke ferrari kunt kopen met korting...ondenkbaar, maar op de beurs gebeurt het
    Een Ferrari met trekhaak doet het minder goed in de verkoop, maar ze vergeten dat er een aanhanger vol met mooie producten bijhoort.
  5. Stone13 13 november 2015 09:18
    Outlook 2015
    The fourth quarter of 2015 promises to be an exciting one,
    with topline results expected from filgotinib’s Phase 2 study
    in Crohn’s disease, an update planned on the progress of our
    negotiations with potential new partners for filgotinib, and
    multiple anticipated clinical study initiations.
    Based on the forecast for the remainder of the year,
    management retains 2015 guidance for operational cash burn:
    €110 - €130 million.

    Dit zullen ze vanmiddag om 14.00 uur tijdens de webcast nogmaals benadrukken.
5.550 Posts
Pagina: «« 1 ... 96 97 98 99 100 ... 278 »» | Laatste |Omhoog ↑

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