Walid AbiSaab - Galapagos Executive

GLPG Stock  EUR 25.50  0.20  0.78%   

Executive

Dr. Walid AbiSaab, M.D. was Member of the Executive Committee, Chief Medical Officer of Galapagos NV since March 2017. He drives the overall medical strategy of the Company and is responsible for late stage clinical development and operations, medical and regulatory affairs, and safety. Before, hebworked at Shire Pharmaceuticals where he held various clinical development leadership roles, most recently as Group Vice President, Global Clinical Development Therapeutic Area Head, Gastrointestinal, Endocrinology and Metabolism. Prior to that, he led clinical development activities at Novartis, Abbott Laboratories and Pfizer, addressing a wide range of therapeutic areas and leading teams throughout the clinical development process. Under his leadership, more than 30 molecules have advanced through clinical development leading to several approvals in the US, EU and Canada. Prior to his pharma roles, he was Assistant Professor of Psychiatry and Neurosurgery at Yale University Medical School, where he headed their Schizophrenia Research at the Clinical Neuroscience Research Unit and the Neurosurgery Epilepsy Microdialysis Research Program since 2017.
Age 58
Tenure 7 years
Phone32 1 534 29 00
Webhttps://www.glpg.com
Walid AbiSaab holds an MD degree from Universite Saint Joseph in Beirut, Lebanon.

Galapagos Management Efficiency

The company has return on total asset (ROA) of (0.0119) % which means that it has lost $0.0119 on every $100 spent on assets. This is way below average. Galapagos' management efficiency ratios could be used to measure how well Galapagos manages its routine affairs as well as how well it operates its assets and liabilities.
Galapagos NV has accumulated 27.91 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Galapagos NV has a current ratio of 8.71, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Galapagos until it has trouble settling it off, either with new capital or with free cash flow. So, Galapagos' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Galapagos NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galapagos to invest in growth at high rates of return. When we think about Galapagos' use of debt, we should always consider it together with cash and equity.

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Galapagos NV, a clinical-stage biotechnology company, discovers, develops, and commercializes various small molecule medicines. Galapagos NV was founded in 1999 and is headquartered in Mechelen, Belgium. GALAPAGOS operates under Biotechnology classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 1397 people. Galapagos NV (GLPG) is traded on Euronext Amsterdam in Netherlands and employs 1,357 people.

Management Performance

Galapagos NV Leadership Team

Elected by the shareholders, the Galapagos' board of directors comprises two types of representatives: Galapagos inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Galapagos. The board's role is to monitor Galapagos' management team and ensure that shareholders' interests are well served. Galapagos' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Galapagos' outside directors are responsible for providing unbiased perspectives on the board's policies.
Elizabeth Goodwin, VP Corporate Communications & Investor Relations
Andre Hoekema, Senior Vice President - Corporate Development
John Montana, Managing Argenta
Michele MBA, Chief Board
Walid AbiSaab, Member of the Executive Committee, Chief Medical Officer
Marieke Vermeersch, Head Communication
Chantal Tasset, Head Devel
Sofie Gijsel, Head Relations
MBA MBA, COO Pres

Galapagos Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Galapagos Stock Analysis

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