Company intelligence / Profile preview
Lakefront Biotherapeutics
- Ownership
- Public · LKFT
- Employees
- ~452
- Development stage
- Other
Overview
Lakefront Biotherapeutics is a Belgian biotechnology company focused on building and advancing a pipeline in immunology and oncology. The company was formerly known as Galapagos and adopted the Lakefront Biotherapeutics name effective May 8, 2026 as part of a strategic transformation toward a deal-driven, capital-backed model. Its disclosed internal pipeline includes the TYK2 inhibitor GLPG3667 in autoimmune disease and legacy CAR-T programs GLPG5101 and GLPG5301, while a June 2026 transaction with Gilead and Ouro Medicines added access to gamgertamig, a BCMAxCD3 T cell engager for autoimmune diseases. Lakefront emphasizes business development, selective acquisition or in-licensing of clinically validated assets, and disciplined capital allocation. The company is publicly traded and maintains a substantial cash and financial investment base to support additional strategic transactions.
- Therapeutic areas
- RheumatologyOncologyImmunology
- Modalities
- Small moleculeCAR-T cell therapyBispecific monoclonal antibodyT cell engager therapy
- Industry
- Biotech
Drug pipeline
1 assetPartnerships
Financials
- Market cap
- $1.8B
- Total revenue
- $12.1M
- Enterprise value
- $-424.7M
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