Galapagos
is applying its functional screening program to the discovery
of novel drugable targets in osteoporosis.
We have developed assays in primary human mesenchymal progenitor
cells that measure osteoblast differentiation and mineralisation.
SilenceSelect and FLeXSelect were screened in this assay to
identify drugable targets that promote osteoblast formation
and bone deposition. These hits have then been validated through
a selection of secondary validation assays, in order to select
a final set of high value novel drugable osteoporosis targets
for compound screening.
In
December 2007 Galapagos entered into a global collaboration
agreement with Eli Lilly and Company to develop potential new
medicines for the treatment of osteoporosis. The agreement provides
Lilly access to 12 of Galapagos’ proprietary osteoporosis
targets and drug discovery programs to discover candidate drugs.
Galapagos is responsible for the development of drug candidates
potentially through to Phase IIa clinical Proof of Concept.
Under the terms of the agreement, Lilly will have the exclusive
option to further develop and commercialize these candidates
on a worldwide basis. Galapagos will have the right to further
develop and commercialize compounds for which Lilly does not
exercise its option. Galapagos received a €3 million upfront
payment from Lilly. Contingent on achieving certain milestones,
Galapagos is eligible for each target program to receive up
to €88 million in discovery, development and regulatory
milestones. Should a product be commercialized, Galapagos could
receive up to €130 million of one-time sales milestones
and up to double-digit royalties on worldwide sales of alliance
products. For more information, visit the OP
alliance page.