| Boehringer
Ingelheim and Galapagos Genomics team up in antiviral discovery
research program
Mechelen, Belgium, 11 November 2003 -- Boehringer Ingelheim and
Galapagos Genomics have entered into a collaboration in the field
of antiviral discovery research. Under the terms of this agreement,
Boehringer Ingelheim will use Galapagos’ SilenceSelectTM
gene knock-down platform to perform a genome wide screen for all
drugable genes that influence viral replication in human cells.
SilenceSelectTM
is a collection of adenoviruses with siRNA based knock-down sequences
targeting over 4,000 human drugable genes, where drugable represents
those gene classes of most value for pharmaceutical development.
In return for access to the SilenceSelectTM collection,
Galapagos Genomics will obtain up front technology access fees and
will be eligible for further option and license fees during the
program. Further financial terms were not disclosed.
“This
collaboration will give us a cutting edge in the identification
and validation of targets that will form the basis of innovative
drug design. By concentrating on the drugable genes we will be able
to take targets very quickly into drug screens, thereby expediting
our drug discovery process,” said Dr Paul Anderson, Vice President
R&D at Boehringer Ingelheim’s virology research center
in Laval, Canada.
“This
deal confirms that Galapagos’ SilenceSelectTM platform
is ideally suited to find novel genes that are key regulators of
disease processes. We are delighted to be Boehringer Ingelheim’s
partner in this antiviral discovery research program,” said
Onno van de Stolpe, CEO of Galapagos Genomics. “Combining
Boehringer’s expertise in virology research with our adenoviral
based knock-down collection has the potential to deliver drugable
targets for small molecule screening within a six month period”.
Boehringer
Ingelheim
The Boehringer Ingelheim Corporation is one of the world’s
20 leading pharmaceutical companies. Headquartered in Ingelheim,
Germany, it operates globally with 156 affiliates in 44 countries
and a total of about 32,000 employees. Since it was founded in 1885,
the family-owned company has been committed to researching, manufacturing
and marketing novel products of high therapeutic value for human
and veterinary medicine.
In
2002, Boehringer Ingelheim posted net sales of 7.6 billion euro
while spending about one fifth of net sales in its largest business
segment Prescription Medicines on research and development.
For
further information about Boehringer Ingelheim please visit www.boehringer-ingelheim.com
Galapagos
Genomics
Galapagos Genomics is a discovery company focused on the rapid identification
and validation of disease modifying drug targets by functional screening
in human disease models. The research activities encompass the internal
programs in osteoporosis, rheumatoid arthritis, osteoarthritis and
Alzheimer's disease, as well as numerous partnerships with leading
pharmaceutical, nutraceutical and biotech companies.
Proprietary targets resulting from our internal programs are used
for the development of drugs in our core disease areas, combined
with selected out-licensing and partnering of projects during development.
The Company currently employs 90 people, including 22 PhD's, and
occupies a 2000 sq.m. research and production facility in Mechelen,
with additional research laboratories in Leiden, The Netherlands.
Galapagos’
other partners include Bayer, Euroscreen, Exelixis, Incyte, Johnson&Johnson,
Organon, Pfizer, Procter&Gamble, UCB Pharma and Vertex. The
shareholders are Abingworth Management, Apax Partners, Burrill&Company,
NIB Capital Private Equity, Crucell Holland BV (Nasdaq, Euronext:
CRXL) and Tibotec-Virco NV. More information on Galapagos can be
found at the website www.galapagosgenomics.com.
PhenoSelect™ and SilenceSelect™ are pending trademarks
owned by Galapagos Genomics NV.
Contacts
Kerstin
Felix
Boehringer Ingelheim GmbH
Corporate Division Communications
Boehringer Ingelheim Gmb
H55216 Ingelheim/Germany
Phone: +49 6132 77 9040
Fax: +49 6132 77 6601
E-mail to: Kerstin.Felix@ing.boehringer-ingelheim.com
Onno
van de Stolpe, CEO
Galapagos Genomics Belgium
Phone: +31 6 2909 8028
E-mail to: onno@galapagos.be
|