Galapagos NV (NASDAQ:GLPG) Q1 2022 Results Conference Call May 6, 2022 8:00 AM ET

Company Participants

Sofie Van Gijsel - Senior Director, Investor Relations

Paul Stoffels - Chief Executive Officer

Bart Filius - Chief Operating Officer & Chief Financial Officer

Walid Abi-Saab - Chief Medical Officer

Michele Manto - Chief Commercial Officer

Conference Call Participants

Matthew Harrison - Morgan Stanley

Dane Leone - Raymond James

Brian Abrahams - RBC Capital Markets

Charlie Mabbutt - Bernstein

Jason Gerberry - Bank of America

Phil Nadeau - Cowen & Co

Peter Verdult - Citi

Peter Welford - Jefferies

Jeroen Van den Bossche - KBC Securities

Operator

Good day, and thank you for standing by. Welcome to the Galapagos Financial Results Q1 2022 Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Sofie Van Gijsel. Please go ahead.

Sofie Van Gijsel

Thank you, operator, and thank you, and welcome all to the audio webcast of Galapcos' Q1 2022 results. I'm Sophie Van Gijsel, Investor Relations, representing the reporting team at Galapagos. This recorded webcast is accessible via the Galapagos' website homepage and will be available for download and replay later on today.

I would like to remind everyone that we will be making forward-looking statements during today's webcast. These forward-looking statements include remarks concerning future developments of the pipeline and our company and possible changes in the industry and competitive environment. Because these forward-looking statements involve risks and uncertainties Galapago's actual results may differ materially from the results expressed or implied in these statements.

Today's speakers will be Dr. Paul Stoffels, CEO; and Bart Filius, COO, CFO and President. Paul will reflect on the corporate and strategic highlights, and Bart will go over the operational and financial results.

You will see a presentation on screen. We estimate that the prepared remarks will take about 20 minutes. Then we'll open to Q&A with Paul and Bart joined by Dr. Walid Abi-Saab, CMO; and Michele Manto, Chief Commercial Officer.

And with that, I'll now turn it over to Paul.

Paul Stoffels

Good morning, and thank you, Sofie, and I'm very pleased to be here for the first time at the quarterly results for presentation for Galapagos. Joined 4 weeks ago and very happy to be on-board working with the teams here. I spent the first 4 weeks on reviewing with the Board and with the teams across the organization, the research and development project, but also the commercial opportunities. And I'm fascinated and impressed by what the team has been doing over the last years, and where we are today and especially with the capabilities of what the team has brought together. And so I hope today we will be able to talk to you a little bit about where we are, but also shortly about where we will go.