SJURVM schreef op 25 september 2015 18:28:
Well well well. Not what was expected of course but if Abbvie had a similar JAK-1 kept very much under wraps in terms of information it is but normal that they go with thier own.
I just hope that their tests are not Volkswagen style.
For Galapagos it isa stp backwards in so far as $200m to pay ofr phase III would have allowed the cash that is in the bank to pursue the other products in Galapagos' pipeline.
J&J should welcome this news and come up with the cash and proceed swiftly to phase III.
3.24 million shares traded.
Who are the buyers??? and why are they buying if it is all doom and gloom?
Hi, I don't think those buyers this afternoon are all short term investors. They all probably expect that Galapagos is going to have a deal with another big pharma. That would boost the stock big time!
Succes, Ruud