Manos Mastorakis's questions to GALAPAGOS (GLPG) leadership • Q1 2025
Question
Manos Mastorakis requested more color on SpinCo's M&A strategy, its degree of independence from Galapagos, and the expected timeline for executing its first deals.
Answer
CFO Thad Huston clarified that SpinCo will be a fully independent company, with new CEO Henry Gosebruch and its board responsible for setting the M&A strategy. CEO Paulus Stoffels added that while deal preparation is active, transactions are not expected to be executed until after the separation is completed mid-year.