What Caused The Opening Gap In Galapagos?

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Pharmaceutical research company Galapagos NV GLPG today had a large opening gap of 15.48%.

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Why Is GLPG Moving?

Galapagos shares are trading higher after the company announced it has entered into a research and development collaboration with Gilead. Gilead will make a $3.95 billion upfront payment and $1.1 billion equity investment.

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