
Galapagos Shareholders Approve Name Change to Lakefront Biotherapeutics and Broad Governance Overhaul

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Galapagos NV shareholders approved a name change to Lakefront Biotherapeutics and a governance overhaul during their meetings on April 28, 2026. Key changes include the appointment of CEO Henry Gosebruch as executive director, new independent directors, and a renewed focus on sustainability reporting. The board was authorized to repurchase shares and increase capital by 20%. The company aims to support its transformation and growth phase, with Gino Santini as the new chair. Current analyst rating for GLPG stock is a Hold with a price target of $28.00.
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