Galapagos slips after it pauses drug candidate study
** Shares in Galapagos GLPG.AS slide around 4% as the Belgian biotech company said it was temporarily pausing a drug candidate trial after one observed case of Parkinsonism
** The company said it would pause enrolment in the Phase 1/2 PAPILIO-1 for its drug candidate GLPG5301 in relapsed/refractory multiple myeloma
** It submitted a protocol amendment to the European regulator and anticipates resuming recruitment in the coming months, it said
** KBC Securities' analyst Jacob Mekhael says the share move can be attributed to "the adverse event which led to the pause in enrolment"
** Degroof Petercam analyst David Seynnaeve also says the move likely is at least partly related to the pause in the study
** Stockat the bottom of Belgium's blue-chipBEL 20 .BFX index
($1 = 0.9251 euros)
Reporting by Michal Aleksandrowicz
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