Galapagos
announces changes to Board of Directors
Mechelen, Belgium,
May 24, 2005 – Galapagos NV, a genomics-based drug
discovery company, announces changes to its Board of Directors.
In view of Galapagos’ listing on Euronext Amsterdam
and Euronext Brussels, Galapagos’ Board has changed
in composition. Ferdinand Verdonck has joined Galapagos
as Independent Director, while Harrold van Barlingen has
joined as Dependent Director.
Mr.
Verdonck (62) most recently was managing director of Almanij
(then parent company of and now merged with KBC). He currently
is on the board of several companies, including Banco Urquijo
(Spain) and Dictaphone (USA). He has a professional background
in financial services. His responsibilities entailed board
participation in publicly traded and privately-held companies
in many countries. He holds a law degree from the KU Leuven
and degrees in economics from KU Leuven and the University
of Chicago.
Dr.
Van Barlingen (39) heads the Life Sciences Investments activities
at AlpInvest Partners, one of the largest private equity
investors worldwide. Previously, he was at the Boston Consulting
Group, where he worked as a consultant in management and
strategy. Prior to BCG, Van Barlingen headed the Benelux
office of the Lewin Group, an international firm specialized
in the field of health economy. He holds a MSc in Medical
Biology and a PhD in the area of cardiovascular diseases,
both from the University of Utrecht.
As
a consequence of the listing of Galapagos on Euronext, Ronald
Brus (CEO of Crucell and Director since June 1999), Stephen
Bunting (Managing Director of Abingworth and Director since
March 2002), Steven Burrill (Managing Director of Burrill
and Director since March 2003) and Dirk Pollet (VP Business
Development of Galapagos and Director since November 2000)
have stepped down as Directors of Galapagos.
Galapagos’
Board of Directors now consists of the following:
Raj
Parekh, PhD - Chairman
Onno van de Stolpe - CEO
Harrold van Barlingen, PhD
Laurent Ganem, MD
Barry Ross, PhD
Wilson Totten, MD
Ferdinand Verdonck
About
Galapagos
Galapagos is a publicly traded, genomics-based drug discovery
company (Euronext Brussels, GLPG; Euronext Amsterdam, GLPGA)
that has successfully discovered and validated novel targets
in the bone and joint diseases - osteoarthritis, osteoporosis
and rheumatoid arthritis, as well as in asthma and Alzheimer’s
disease. Proprietary targets and compounds resulting from
these programs are used for Galapagos’ internal drug
discovery programs, combined with selected out-licensing
and partnering of projects during development. Galadeno,
Galapagos’ services unit, provides reagents and functional
screens to leading pharmaceutical, biotech and nutraceutical
companies for rapid identification and validation of novel
drug targets. Galapagos currently employs 68 people, including
16 PhDs, and occupies facilities in Mechelen, Belgium, and
Leiden, The Netherlands. Partners include Bayer, Boehringer
Ingelheim, Celgene, GlaxoSmithKline, Vertex and Wyeth.
For more information, visit www.glpg.com.
Contact:
Galapagos NV
Onno van de Stolpe, CEO
Tel: +32 15 342 900
Email: onno@galapagos.be