GlobeNewswire by notified

Galapagos completes patient recruitment for MANGROVE Phase 2 trial with GLPG2737 in polycystic kidney disease

Share

Mechelen, Belgium; 22 November2021, 22.01 CET; Galapagos NV (Euronext & NASDAQ: GLPG) announces completion of recruitment in the MANGROVE Phase 2 trial with investigational CFTR inhibitor GLPG2737 in patients with autosomal dominant polycystic kidney disease (ADPKD).

MANGROVE is a randomized, double-blind, placebo-controlled trial evaluating a once-daily oral dose of GLPG2737 (NCT04578548). The drug candidate or placebo is administered for 52 weeks, followed by an open-label extension period of 52 weeks, in 66 ADPKD patients with rapidly progressing disease. Patients are randomized in a 2:1 ratio of treatment to placebo. Primary objectives of the trial are to assess the effect on growth of total kidney volume over 52 weeks compared to placebo as well as overall safety and tolerability. Secondary objectives include renal function, pharmacokinetics, and pharmacodynamics. Recruitment for the MANGROVE trial was conducted in 7 countries in Europe.

GLPG2737 is a CFTR1 inhibitor which was observed to be well tolerated by patients in previous clinical trials. It is hypothesized that inhibition of the CFTR channel might reduce cyst growth and kidney enlargement for patients with ADPKD.

Galapagos expects topline results from the MANGROVE Phase 2 trial in the first half of 2023.

“We thank the ADPKD community for participating in the MANGROVE Phase 2 trial with GLPG2737,” said Dr. Walid Abi-Saab, Chief Medical Officer of Galapagos. “Polycystic kidney disease patients have a real need for new therapy options. We hope to learn in 2023 from this trial what CFTR modulation may be able to achieve against ADPKD, in our mission to bring new medicines to kidney disease patients.”

About ADPKD
Autosomal dominant polycystic kidney disease affects approximately 12.5 million people worldwide and is the fourth leading cause of kidney failure today.2 Typically with this disease, both kidneys enlarge with fluid-filled cysts, leading to kidney failure for approximately half of patients by the age of 60 and requiring dialysis and possibly kidney transplantation.3 Patients may also suffer from hypertension, abdominal pain, kidney infections, cyst ruptures, bleeding, and other symptoms impacting quality of life. Other organs may be affected as well. Treatment is aimed at relieving symptoms and controlling the accompanying hypertension. Currently, only one therapy (tolvaptan) is available to slow down the progression of cyst development and renal insufficiency; however, not all patients tolerate this therapy.4

About Galapagos
Galapagos NV discovers, develops, and commercializes small molecule medicines with novel modes of action. Our pipeline comprises discovery through Phase 3 programs in inflammation, fibrosis, and other indications. Our ambition is to become a leading global biopharmaceutical company focused on the discovery, development, and commercialization of innovative medicines. More information is available at www.glpg.com.

Contacts

Investors:
Elizabeth Goodwin
VP Investor Relations
+1 781 460 1784

Sofie Van Gijsel
Senior Director Investor Relations
+1 781 296 1143

Sandra Cauwenberghs
Director Investor Relations
+32 495 58 46 63
ir@glpg.com

Media:
Anna Gibbins
Senior Director Therapeutic Areas Communications
+44 7717 801900

Evelyn Fox
Director Executive Communications
+31 65 3591 999
communications@glpg.com

Forward-looking statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements and, therefore, the reader should not place undue reliance on them. These risks, uncertainties and other factors include, without limitation, the risk that ongoing and future clinical studies with GLPG2737 may not be completed in the currently envisaged timelines or at all, the inherent uncertainties associated with competitive developments, clinical trial and product development activities and regulatory approval requirements (including that data from the ongoing and planned clinical research programs may not support registration or further development of GLPG2737 due to safety or efficacy concerns or other reasons), Galapagos' reliance on collaborations with third parties, and that Galapagos’ estimations regarding its GLPG2737 development program, regarding thepotential value of CFTR inhibition as a mechanism to treat ADPKD, and regarding the commercial potential of GLPG2737, may be incorrect, as well as those risks and uncertainties identified in our Annual Report on Form 20-F for the year ended 31 December 2020 and our subsequent filings with the SEC. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The forward-looking statements contained herein are based on management’s current expectations and beliefs and speak only as of the date hereof, and Galapagos makes no commitment to update or publicly release any revisions to forward-looking statements in order to reflect new information or subsequent events, circumstances or changes in expectations.


1 Cystic Fibrosis Transmembrane Conductance Regulator
2 Chebib F.T., Torres V.E. Autosomal Dominant Polycystic Kidney Disease: Core Curriculum 2016. Am J Kidney Dis. May 2016, 67 (5) 792-810
3 Parfrey P.S., Bear J.C., Morgan J., Cramer B.C., McManamon P.J., Gault M.H., et al. The diagnosis and prognosis of autosomal dominant polycystic kidney disease. N Engl J Med. 1990;323(16):1085–90
4 Chebib F.T., Perrone R.D., Chapman A.B., Dahl N.K., Harris P.C., Mrug M., et al. A Practical Guide for Treatment of Rapidly Progressive ADPKD with Tolvaptan. JASN. October 2018, 29 (10) 2458-2470

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

KAPITALNEDSÆTTELSE16.4.2024 09:33:15 CEST | pressemeddelelse

SELSKABSMEDDELELSE nr. 28 - 16. april 2024 Den 15. marts 2024 besluttede generalforsamlingen at nedsætte DFDS A/S’ selskabskapital med nominelt DKK 13.239.620 fra DKK 1.172.631.560 til DKK 1.159.391.940 ved annullering af 661.981 egne aktier a nominelt DKK 20. Kapitalnedsættelsen er i dag blevet gennemført og registreret hos Erhvervsstyrelsen. Efter kapitalnedsættelsen udgør selskabskapitalen DKK 1.159.391.940 fordelt på 57.969.597 aktier a nominelt DKK 20. Kontakt Søren Brøndholt Nielsen, IR +45 33 42 33 59 Om DFDS Vi driver et transportnetværk i og omkring Europa med en omsætning på DKK 27 mia. og 13.200 heltidsansatte. Vi transporterer varer i trailere med færge, vej og jernbane samt tilbyder komplementære og relaterede transport- og logistikløsninger. Vi transporterer også passagerer i bil og til fods med færger på korte ruter og på ruter med overnatning. DFDS blev grundlagt i 1866, har hovedkontor og er børsnoteret i København. This information is subject to the disclosure require

SHARE CAPITAL REDUCTION16.4.2024 09:33:15 CEST | Press release

COMPANY ANNOUNCEMENT no. 28 - 16 April 2024 On 15 March 2024, the Annual General Meeting decided to reduce DFDS A/S’ share capital by nominally DKK 13,239,620 from DKK 1,172,631,560 to DKK 1,159,391,940 by cancelling 661,981 treasury shares of nominally DKK 20 each. Today, the share capital reduction has been completed and registered with the Danish Business Authority. Following the share capital reduction, the share capital amounts to DKK 1,159,391,940 divided into 57,969,597 shares of nominally DKK 20. Contact Søren Brøndholt Nielsen, IR +45 33 42 33 59 About DFDS We operate a transport network in and around Europe with an annual revenue of DKK 27bn and 13,200 full-time employees. We move goods in trailers by ferry, road & rail, and we offer complementary and related transport and logistics solutions. We also move car and foot passengers on short sea and overnight ferry routes. DFDS was founded in 1866 and headquartered and listed in Copenhagen. This information is subject to the dis

CONDITIONS FOR SALE OF RIKSBANK CERTIFICATES16.4.2024 09:30:00 CEST | Press release

Bid date, 2024-04-16Auction date2024-04-16Settlement date2024-04-17Maturity Date2024-04-24Nominal amount949 billion SEKInterest rate4.00 %Bid times09.30-10.00 (CET/CEST) on the Bid dateBids are made to phone number08-696 69 70Confirmation of bids to e-mailrbcert@riksbank.seThe lowest accepted bid volume1 million SEKThe highest accepted bid volume949 billion SEKAllocation Time10.15 (CET/CEST) on the Bid dateProjected minimum liquidity surplus during the term949 billion SEKExpected excess liquidity at full allotment0 billion SEK Stockholm, 2024-04-16

Q1-2024: 50% Revenue Growth, March Shows Positive Net Result for Continuing Business16.4.2024 09:10:00 CEST | Press release

Company Announcement no. 149 – 2024 Copenhagen, April 16th, 2024 Q1-2024: 50% Revenue Growth, March Shows Positive Net Result for Continuing Business GreenMobility's continuing operations generated a revenue growth of 50% in Q1-2024 compared to Q1-2023, and a positive net result for the month of March. In Q1 2024, which is seasonally the weakest quarter for GreenMobility, the continuing operations have been significantly improving month by month. The number of trips in Copenhagen grew to more than 60,000 in January, then in February the number of trips surpassed 70,000, and in March a total of more than 80,000 trips. This trend highlights the growth potential and that the market can absorb the number of cars being moved to Denmark from the international markets. On the financial side the net result from continuing operations also significantly improved month by month, and March ended with a positive net result, highlighting that GreenMobility is on track to reach the goal of profitabil

Investeringsforeningen IA Invest, Afdeling Thygesen Global Stock Selection – Prospekt, dokument med central information og tegningsblanket16.4.2024 09:02:23 CEST | pressemeddelelse

Investeringsforeningen IA Invest har indledende tegningsperiode i følgende afdeling fra den 22. april til og med den 3. maj 2024: AfdelingISIN-kodeTegningskurs (franco) Thygesen Global Stock Selection DK0062842134 100,20 Betalingsdag er den 8. maj 2024, og første handelsdag er den 14. maj 2024. Prospekt, dokument med central information samt tegningsblanket er vedhæftet denne meddelelse. For yderligere information henvises der til henholdsvis foreningens og afdelingens hjemmeside www.iainvest.dk og www.thygesencapital.dk. Eventuelle henvendelser vedrørende denne meddelelse bedes rettet til undertegnede på telefon 38 14 66 00. Med venlig hilsen Niels Erik Eberhard Direktør Vedhæftede filer IAI Prospekt_16-04-2024_clean inkl. SFDRIAI PRIIP KID Thygesen - DK0062842134 IAI Tegningsblanket Thygesen_clean

HiddenA line styled icon from Orion Icon Library.Eye