Galapagos
enters new collaboration in autoimmune discovery research
Mechelen, Belgium; 16 January 2006 - BioFocus, the service
division of Galapagos (Euronext & LSE: GLPG), announced
today a new three year collaboration in the field of autoimmune
discovery research. Under the terms of the agreement, BioFocus
will expand its SilenceSelect® si-RNA based gene collection
with an additional gene set, develop a dedicated cellular
assay in the field of autoimmune disease, and use this assay
to run a target discovery screen. Further to the collaboration
agreement, Galapagos will receive upfront fees and research
and development funding and may receive milestone fees when
certain drug discovery criteria are met. Should all criteria
on a target be achieved, total potential contract value
for Galapagos may exceed € 2 million.
“This
collaboration capitalizes on Galapagos’ know-how in
the autoimmune field and the strength of its target discovery
platform. We are delighted to be Boehringer Ingelheim’s
partner in this disease discovery program,” said Onno
van de Stolpe, CEO of Galapagos. “In this new collaboration,
Galapagos is committed to delivering novel drug targets
as the basis for developing novel therapies for unmet medical
needs in autoimmune disease.”
Autoimmune
diseases arise from an overactive immune response of the
body against substances and tissues normally present in
the body. Today there are more than 40 known human diseases
classified as either definite or probable autoimmune diseases,
affecting 5-7% of the population. Almost all autoimmune
diseases appear without warning or apparent cause and most
patients suffer from fatigue.
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, Celgene, GlaxoSmithKline, Idenix, Novartis, Organon,
Serono, Vertex, and Wyeth. More information about Galapagos
and BioFocus can be found at www.glpg.com.
CONTACT
Galapagos NV
Onno van de Stolpe, CEO
Tel: +31 6 2909 8028
ir@galapagos.be