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Galapagos and Prolysis extend research collaboration
Mechelen,
Belgium and Oxford, UK; 30 December, 2005 - Galapagos NV (Euronext
& LSE: GLPG) and Prolysis Ltd announced today an extension of
the research collaboration started earlier this year. BioFocus,
the service division of Galapagos, is progressing a lead optimisation
program for Prolysis to identify dual enzyme inhibitors that can
overcome the problem of antibiotic resistance. Under the terms of
the collaboration, Prolysis will fund BioFocus research for medicinal
chemistry work throughout 2006. Prolysis also has the option to
access in vitro ADMET and computational chemistry services from
BioFocus during that period.
“Progress made in the collaboration with Prolysis indicates
how BioFocus’ drug discovery services can accelerate a development
program,” said Onno van de Stolpe, Chief Executive Officer
of Galapagos. “We are pleased that Prolysis, a leader in anti-bacterial
agent discovery and development, chooses BioFocus to move this key
project through lead optimisation to development candidate nomination.”
Steve
Ruston, Chief Executive Officer of Prolysis, added, “We have
been very pleased with the quality of the collaboration with BioFocus
to date and look forward to it making a substantial contribution
to achieving our business objectives in the coming year.”
About
Galapagos
Galapagos is a publicly traded, genomics-based drug discovery company
(Euronext Brussels, GLPG; Euronext Amsterdam, GLPGA, London AiM:
GLPG) that has drug discovery programs based on proprietary, novel
targets in the bone and joint diseases - osteoarthritis, osteoporosis
and rheumatoid arthritis. Galapagos offers a full suite of target-to-drug
discovery products and services to pharmaceutical and biotech companies
through its division BioFocus, encompassing target discovery and
validation, and drug discovery services through to delivery of pre-clinical
candidates. In addition, BioFocus provides adenoviral reagents for
rapid identification and validation of novel drug targets and compound
libraries for screening. Galapagos currently employs 203 people,
including 76 PhDs, and occupies facilities in Mechelen, Belgium,
Saffron Walden, UK and Leiden, The Netherlands. The partners of
Galapagos include Amgen, AstraZeneca, Bayer, Boehringer Ingelheim,
Celgene, GlaxoSmithKline, Idenix, Novartis, Organon, Serono, Vertex,
and Wyeth. More information about Galapagos and BioFocus can be
found at www.glpg.com.
About
Prolysis
Prolysis, based in Oxfordshire, UK, is a research and development
company focused on the creation of medicines to address the growing
crisis of antibiotic resistance. The Company is exploiting unique
insights into bacterial cell biology to create the new antibiotics
that are urgently needed to treat resistant hospital and community-acquired
infections. Prolysis’ expertise in bacterial cell biology
combined with structural biology and medicinal chemistry from technology
partners has created a multi-project preclinical portfolio. Prolysis
will commercialise its new antibiotics by out-licensing after demonstrating
proof-of-concept in human Phase IIa studies. For further information
visit the Prolysis website at www.prolysis.com.
CONTACTS
Galapagos
NV
Onno van de Stolpe, CEO
Tel: +31 6 2909 8028
ir@galapagos.be
Prolysis
Ltd
Dr. Steven Ruston, CEO
steve.ruston@prolysis.com
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