Why Galapagos Trounced the Market Today

·2 min read
Why Galapagos Trounced the Market Today

A changing of the guard is coming at biotech Galapagos (NASDAQ: GLPG), with the announcement of a new CEO. Belgium-based Galapagos announced Wednesday afternoon that it has tapped Paul Stoffels to be its next leader. Stoffels replaces current CEO Onno van de Stolpe, who is also a co-founder of the company and is entering retirement after 23 years on the throne.

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