Galapagos
and Allergan enter drug discovery collaboration
Mechelen, Belgium;
6 May 2008 – Galapagos NV (Euronext: GLPG) announced
today that Galapagos’ service division, BioFocus DPI,
will provide hit-finding services for multiple Allergan,
Inc. targets. Total contract value for Galapagos could reach
up to €1.3 million over the next 12 months, contingent
on the number of BioFocus DPI compounds screened.
BioFocus DPI’s Basel
(Allschwil, Switzerland) site has provided drug discovery
services for Allergan since 2002. In this new collaboration,
BioFocus DPI will provide assay development and high-throughput
screening services for several Allergan targets. Furthermore,
BioFocus DPI’s computational chemists plan to work
together with Allergan to select compounds from the Allergan
and BioFocus DPI compound libraries for screening against
these targets.
“We are pleased to
sign another collaboration with Allergan,” said Onno
van de Stolpe, CEO of Galapagos. “They are an important
customer for BioFocus DPI’s biology business and having
a satisfied customer coming back for more screening is gratifying.”
About Galapagos
Galapagos (Euronext Brussels: GLPG; Euronext Amsterdam:
GLPGA; OTC: GLPYY) is a drug discovery company with pre-clinical
programs in bone and joint diseases and bone metastasis.
Its BioFocus DPI division offers a full suite of target-to-drug
discovery products and services to pharmaceutical and biotech
companies, encompassing target discovery and validation,
screening and drug discovery through to delivery of pre-clinical
candidates. BioFocus DPI also provides adenoviral reagents
for rapid identification and validation of novel drug targets,
compound libraries for drug screening as well as chemogenomics
and ADMET database products to select targets and compounds.
Galapagos currently employs 450 people and operates facilities
in six countries, with global headquarters in Mechelen,
Belgium. More information about Galapagos and BioFocus DPI
can be found at www.glpg.com
and www.biofocusdpi.com.
CONTACTS
Galapagos NV
Onno van de Stolpe, CEO
Tel: +31 6 2909 8028
ir@glpg.com
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