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Lakefront Biotherapeutics NV

corporate_fare Company Profile

Lakefront Biotherapeutics NV

LKFT·NASDAQ·Life Sciences·CIK 0001421876

Lakefront Biotherapeutics NV is a biopharmaceutical company focused on the development and commercialization of therapeutic products. The company's business operations include a collaboration with Gilead Sciences, particularly concerning the drug filgotinib. Initially, Lakefront Biotherapeutics NV and Gilead co-commercialized filgotinib in France, Germany, Italy, Spain, and the United Kingdom, sharing profits equally. They also shared future global development costs for filgotinib equally until a predetermined level. In December 2020, the agreement was amended. Lakefront Biotherapeutics NV assumed all development, manufacturing, commercialization, and certain other rights for filgotinib in Europe. Most of these activities were transferred by December 31, 2021, with the full transition completed by December 31, 2022. Gilead retains commercial rights and remains the marketing authorization holder for filgotinib outside of Europe, including in Japan. All commercial economics for filgotinib in Europe transferred to Lakefront Biotherapeutics NV as of January 1, 2022, subject to tiered royalties of 8 to 15 percent of net sales in Europe payable to Gilead, starting in 2024. Since January 1, 2021, Lakefront Biotherapeutics NV has borne future development costs for specific studies, including DARWIN3, FINCH4, FILOSOPHY, and Phase 4 studies and registries in RA; MANTA and MANTA-RAy; PENGUIN1 and 2 and EQUATOR2 studies in PsA; SEALION1 and 2 studies in AS; and the HUMBOLDT study in uveitis, along with other clinical and non-clinical expenses. The 50/50 global development cost-sharing arrangement with Gilead continues for studies such as SELECTION and its long-term extension study (LTE) in UC; DIVERSITY and its LTE; DIVERGENCE 1 and 2 and their LTEs; Phase 4 studies and registries in Crohn's disease; and pediatric studies and their LTEs in RA, UC, and Crohn's disease.

Lakefront Biotherapeutics NV (NASDAQ:LKFT) is a publicly traded company in the Life Sciences sector. Wiseek monitors LKFT SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Bank of America Discloses 9.30% Stake in Lakefront Biotherapeutics

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
€1.11B EUR
Net Income
€320.88M EUR
Diluted EPS
€4.87 EUR
Op. Cash Flow
-€257.46M EUR
Free Cash Flow
-€271.16M EUR
Gross Profit
€1.08B EUR
Operating Income
€295.04M EUR
Cash & Equivalents
€40M EUR
Debt / Equity
0.00×
Net Margin
28.9%
Shares Outstanding
65.9M sh
Source: 20-F · filed 2026-03-26 · accession 0001104659-26-035163

Insider Transactions

LKFT files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

$27.68 +0.19% today
52-week range · as of 2026-05-27 $26.42 – $37.78
Market cap
$1.83B
Volume
69.6K (0.5× avg)
3-mo avg 153.4K
Live data · 2026-05-27 12:06 UTC · Pre-market

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LKFT
May 27, 2026, 6:00 AM EDT
Filing Type: 6-K
Importance Score:
7