New York, New York – (Newsfile Corp – 26th December 2020) – Pomerantz LLP is investigating claims on behalf of investors in Galapagos NV (“Galapagos” or the “Company”) (NASDAQ: GLPG) Such investors are advised to contact Robert S Willoughby at newaction @ pomlawcom or 888-476-6529, ext. 7980

The investigation concerns whether Galapagos and any of its officers and / or directors have committed securities fraud or other illegal business practices

On 18 August 2020, Galapagos announced that Galapagos’ partner, Gilead Sciences, Inc (“Gilead”) had received a full reply letter from the US The Food and Drug Administration (“FDA”) for the New Drug Application (“NDA”) for Filgotinib, an investigational treatment for moderately to severely active rheumatoid arthritis Galapagos announced to investors that “The FDA has data from the MANTA and MANTA RAy – Requested studies before completing the NDA review The MANTA and MANTA-RAy studies are designed to investigate whether filgotinib has an effect on sperm parameters The FDA also has concerns about the overall benefit-risk profile of the 200 mg dose Voiced of Filgotinib “In the news, the Galapagos share price fell $ 4707 per share, or 2503% to close at $ 14100 per share on March 19, 2007 August 2020

Then on 15 On December 23rd, 2020, Gilead announced that the two companies would not file for regulatory approval for filgotinib in the US, leaving Galapagos with primary responsibility for the marketing and development of filgotinib in Europe on the news that Galapagos’ share price fell $ 2243 per share or 1878% to close at $ 9702 per share on Dec. December 2020

The Pomerantz firm, with offices in New York, Chicago, Los Angeles and Paris, is recognized as one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L Known as the dean of class action lawsuit, Pomerantz was a pioneer in the field of securities class action lawsuits. Today, more than 80 years later, the Pomerantz Company continues its tradition of fighting for the rights of victims of securities fraud, fiduciary violations and misconduct Company Company has reclaimed numerous millions of dollars in damages on behalf of class members See wwwPomerantzlawcom

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(Bloomberg) – Billionaire Elon Musk said it was “impossible” to Tesla Inc private now, although he would have loved to spend more time innovating “Tesla public company duties are a much bigger factor, but it’s impossible to get private now (sigh),” Musk replied to a tweet in which he said, he should optimize his time in areas such as innovation “engineering, design & The general corporate processes take up a large part of my thoughts & is fundamental constraint on doing more “Tesla stocks, which were added to the S&P 500 index this week, increased eight-fold this year before the benchmark measure was added, the gain is double that of the Next-Best Player on the Meter The stock price jump also created millionaires among its investors, adding $ 1322 billion to Musk’s net worth to $ 1597 billion, making him the second richest person in the world according to the Bloomberg Billionaires IndexBloomberg Wealth: The Tesla Investors Who Are Now Millionaires AreMusk also said that Starlink, SpaceX ‘burgeoning space internet business, would likely be a candidate in its group to go public once its revenue growth becomes “reasonably predictable,” echoing similar comments from the company’s president to investors early of this year Space Exploration Technologies Corp. has already launched more than 240 satellites to grow Starlink, President Gwynne Shotwell said at a private investor event in February. Listing would give investors the opportunity to get into one of the tightly held company’s most promising businesses. “Right now we’re a private one Corporations, but Starlink is the right kind of business we can go public, “she said,” then until then that investors had limited options to own a piece of SpaceX that became one of the most valued venture-backed companies in the US has becomeS Due to the dominance of the commercial rocket industry, in addition to a contract with NASA for a version of their next-generation spacecraft that will allow astronauts to land on the moon in 2024, SpaceX has signed a contract with a Japanese entrepreneur for a private flight around the moon in 2023 and it will be ready to launch its first spacecraft flight to Mars in 2026, Musk said earlier this monthFor more articles like this, please visit us on BloombergcomSubscribe now to stay ahead of the game with the most trusted business news source © 2020 Bloomberg L.P

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* Benzinga spent the past week researching the outlook for many investor stocks * The week’s bullish calls included big tech stocks and a telecommunications giant * A leading electric vehicle maker and recent hot IPOs were among the declining demandsS. The indices ended the shortened trading week leading up to Christmas with marginal gains despite talk of a new COVID-19 strain and the ongoing stalemate in Washington raised hopes of a renewed decline in pandemic relief The leading maker of electric vehicles started last week trading as a S&P 500 component, but is now also facing rumors of a formidable new competitor, a retail giant sued for its alleged part in the opioid crisis, and a Chinese internet giant under government scrutiny, with a new change also made this week of SEC rules affecting IPOs, jumbled signs of a Santa Claus rally, and last-minute Brexit deal, while Benzinga continued to scrutinize the outlook for many of the most popular stocks among investors, here are some of the most bullish and bearish posts we’ve seen Last week, which is worth another look, Shanthi Rexaline’s “Apple Analyst: Cupertino’s EV Ambitions May Work In Partnership With Tesla, Chinese EV Brands” Bulls examines Apple Inc’s ambitions for Electric Vehicles (NASDAQ: AAPL), both in its past and in its potential future Will the company choose a strategic partnership? In “Short Sellers Fleeing Netflix, Alphabet, and Other Tech Stocks Heading into 2021,” Wayne Duggan discusses the most commonly covered short positions in Intel Corporation (NASDAQ: INTC), Netflix, Inc (NASDAQ: NFLX) and Other Big Tech Stocks Priya Nigams “Analyst At AT&T Still Upbeat Despite Leverage, Dividend Problems” focuses on why a top analyst still favors AT&T Inc (NYSE: T), despite having three main problems related to the telecommunications giant’s finances Has share buybacks coming? Occidental Petroleum Corporation (NYSE: OXY) will benefit on the price of oil as oil prices are positive. So says Priya Nigam’s “Occidental Petroleum Corporation” “See how it” paid the price “because its capital structure is” heavily debt-oriented. ” “Is, according to featured analyst Jayson Derricks” Is Nike stock still buying at all-time highs? The Street Debates “Learn why analysts remain bullish after Nike Inc (NYSE: NKE) posted better-than-expected results in the second quarter and stocks climbed to new all-time highs. Is this an underrated earnings growth story? Other additional upward trends Last week, check out the following sections: * 10 Things Apple Investors Can Want In 2021 * Are Genomic Stocks The Next FANG Stock? * How To Invest In The Clean Energy Triple Crown In 2021Bears In Shivdeep Dhaliwal’s “Tesla Faces’ Formidable Bear Case” about Apple’s EV plans, Morgan Stanley says, “you see reports from the electric vehicle-venturing iPhone maker a new” Bear Case “for the one led by Elon Musk Industry leader Tesla Inc (NASDAQ: TSLA) and for the major automaker “Paul Meeks Bärisch at Airbnb, Calls Short at DoorDash” by Mohit Manghnani presented the Bearish views from a famous tech investor at Airbnb Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) See if that sentiment extends to the broader tech sector for 2021, Jayson Derrick’s BMO steps to the sidelines of FuboTV after Big Run “Argues that the bullish fall is over for FuboTV Inc (NYSE: FUBO) Review Expectations for Subscriber Growth Post-Super Bowl and into College Basketball Season Investor sentiment on whether SmileDirectClub Inc (NASDAQ: DEZA) will be out next year has upside potential, according to “Will SmileDirectClub share reach by 2022?” Muffled By Henry Khederian See What Surveyors Will Have To Do With The Orthodontics Business In The Months To Come As COVID-19 Vaccine Use Raises If you want to see Tesla bearish all over again, be sure to read “Still Increase 2B On Losses.” Tesla Short Sellers Bearish Bets “At the time of this writing, the author had no position in the stocks mentionedFollow Benzinga on Twitter for the latest news and trading ideasPhoto courtesy of Intel Corp.See More From Benzinga * Click Here For Benzinga Option Deals * Barrons Picks and Pans: Bank Mergers, Comcast, Dogs of the Dow, Square, and More * Notable Insider Purchases from Last Week: Mylan, Sonabank, Steak ‘n Shake, U -Haul and more (C) 2020 Benzingacom Benzinga does not offer investment advice All rights reserved

Galapagos

World News – FI – SHAREHOLDER ALERT: Law firm Pomerantz is investigating claims on behalf of investors in Galapagos NV – GLPG

Source: https://finance.yahoo.com/news/shareholder-alert-pomerantz-law-firm-202400564.html