Galapagos (GB:0JXZ) has released an update.
Galapagos NV, a biotechnology company, has announced receiving a transparency notification from EcoR1 Capital LLC, indicating that EcoR1 now holds 10.77% of Galapagos’ voting rights. This significant stake acquisition followed a conversion of American Depository Receipts into ordinary shares and additional purchases by EcoR1 Capital. The notification also clarifies that EcoR1 Capital LLC manages these voting rights at its discretion on behalf of its clients.
For further insights into GB:0JXZ stock, check out TipRanks’ Stock Analysis page.
