BRIEF-Galapagos NV Says FY Operating Loss EUR 188.3 Million

Feb 12 (Reuters) - Galapagos NV GLPG.AS:

• GALAPAGOS NV - FY OPERATING LOSS EUR 188.3 MILLION

• GALAPAGOS NV - EXPECTS ITS NORMALIZED ANNUAL CASH BURN TO BE BETWEEN EUR 175 MILLION AND EUR 225 MILLION, EXCLUDING RESTRUCTURING COSTS

• GALAPAGOS NV - FY NET LOSS FROM CONTINUING OPERATIONS EUR 1.3 MILLION

• GALAPAGOS NV - UPON SEPARATION, GALAPAGOS EXPECTS TO HAVE APPROXIMATELY EUR 500 MILLION IN CASH TO ACCELERATE ITS PIPELINE AND FUND ITS OPERATIONS TO 2028

Source text: ID:nGNEbY80Rg

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