MECHELEN, BELGIUM--(Marketwire -07/18/12)- Galapagos NV (GLPGF)announced todaythat it has received a transparency notification pursuant to the Belgiantransparency legislation (Belgian Act of 2 May 2007 on the disclosure of majorshareholdings in issuers whose shares are admitted to trading on a regulatedmarket) from Baker Brothers Life Sciences L.P. and Baker Bros. Advisors LLC.
Galapagos received a transparency notification on 13 July 2012 from BakerBrothers Life Sciences L.P., 14159 L.P. and 667 L.P., partnerships advised byBaker Bros. Advisors LLC. Baker Brothers notified that on 6 July 2012 entitiesunder their control held 1,722,066 shares, which represent 6.48% of thecurrent26,577,554 outstanding Galapagos shares. It is the first time that Galapagosreceived a transparency notification from this shareholder.
Galapagos (GLPGF) (GLPYY) is a mid-size clinicalstagebiotechnology company specialized in the discovery and development of smallmolecule and antibody therapies with novel modes-of-action. The Company isprogressing GLPG0634, as well as one of the largest pipelines in biotech, withfour programs in development and over 30 discovery programs. The GalapagosGroup has over 800 employees and operates facilities in six countries, withglobal headquarters in Mechelen, Belgium. More info at: www.glpg.com
This release may contain forward-looking statements, including, withoutlimitation, statements containing the words "believes," "anticipates,""expects," "intends," "plans," "seeks," "estimates," "may," "will," "could,""stands to," and "continues," as well as similar expressions. Such forward-looking statements may involve known and unknown risks, uncertainties andotherfactors which might cause the actual results, financial condition, performanceor achievements of Galapagos, or industry results, to be materially differentfrom any historic or future results, financial conditions, performance orachievements expressed or implied by such forward-looking statements. Giventhese uncertainties, the reader is advised not to place any undue reliance onsuch forward-looking statements. These forward-looking statements speak onlyasof the date of publication of this document. Galapagos expressly disclaims anyobligation to update any such forward-looking statements in this document toreflect any change in its expectations with regard thereto or any change inevents, conditions or circumstances on which any such statement is based,unlessrequired by law or regulation.
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- Galapagos NV
Director Investor Relations
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