Galapagos Decides to Wind Down Cell Therapy Activities
Galapagos announced that the works council consultation process regarding the wind-down of cell therapy activities has been completed and its board of directors has decided to initiate the wind-down of the company's cell therapy activities. On October 21, 2025, Galapagos announced its intention to wind down its cell therapy activities following a review and sale process, including an exploration of potential divestment options. This decision was subject to the conclusion of consultations with works councils in Belgium and the Netherlands, which have now been completed. "We have now concluded the works council consultation process regarding our intention to wind down the Company's cell therapy activities. We thank our dedicated colleagues for their commitment during this time of uncertainty as we now turn to executing the wind-down," said Henry Gosebruch, CEO of Galapagos. "As we move forward, we will seek to continue the evolution of Galapagos through transformative business development." The wind-down will impact approximately 365 employees across Europe, the U.S. and China, and will result in the closure of the sites in Leiden, Basel, Princeton, Pittsburgh and Shanghai.
Trade with 70% Backtested Accuracy
Analyst Views on GLPG
About GLPG
About the author

Vistra Corp Acquires Cogentrix Energy for Approximately $4.7 Billion
- Acquisition Announcement: Vistra Corp has announced the acquisition of Cogentrix Energy for approximately $4.7 billion, which will significantly enhance its competitive position in the energy market and expand its renewable energy portfolio.
- Market Reaction: Following the acquisition news, Vistra's stock rose by 4.13%, reflecting investor optimism regarding the company's future growth potential and further solidifying its position in the energy sector.
- Strategic Implications: This acquisition will not only increase Vistra's asset base but also enhance operational efficiency and market share through the integration of Cogentrix's resources and technologies, driving long-term profitability.
- Industry Outlook: Against the backdrop of global energy transition, Vistra's acquisition strategy indicates a commitment to sustainability, which is expected to attract more investor interest in its clean energy initiatives.

Microchip Technology Raises Q3 FY2026 Sales Guidance to $1.185 Billion
- Sales Guidance Upgrade: Microchip Technology Inc expects third-quarter fiscal 2026 net sales of approximately $1.185 billion, exceeding its prior guidance range of $1.109 billion to $1.149 billion, indicating strong growth potential amid robust market demand.
- Positive Stock Reaction: In after-hours trading, Microchip's shares rose 3.2% to $69.20, reflecting investor optimism regarding the company's improved performance, which may further enhance market interest in its stock.
- Enhanced Market Competitiveness: With the sales guidance upgrade, Microchip solidifies its competitive position in the semiconductor industry, particularly in rapidly evolving technology sectors, attracting more investor attention.
- Upcoming Earnings Report: The company is set to release its earnings report after market close, with analysts expecting earnings of $1.04 per share and revenue of $761.13 million, providing investors with an opportunity to further assess the company's financial health.






