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Galapagos NV

GLPG

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
GLPG Health Care Current as of April 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Animal Testing & Research
Since Jul 28, 2021

Galapagos NV is a biotechnology company focused on the discovery and development of small molecule medicines. Its core business model involves preclinical drug discovery and development, a process that inherently requires animal testing for regulatory compliance and safety assessment. The company’s SEC filings explicitly list “completion of preclinical laboratory tests, animal studies and formulation studies” as part of its development process for product candidates.

Published research on Galapagos compounds, such as GLPG1972 and GLPG1205, details that “all animal experiments described in the paper were performed according to ethical guidelines approved by the Animal Institutional Care and Use” committees. While the company states it is “actively engaged to refine, reduce and replace (3Rs) testing involving the use of animals,” its business remains fundamentally dependent on animal data to advance drug candidates through regulatory pathways and into clinical trials.

Research Sources 1 organization
Cruelty Free Investors
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.