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Galapagos Achieves Milestones in Two Alliances

Galapagos has achieved two milestones totaling $3.5 million in its strategic alliances with Janssen Pharmaceutica and GlaxoSmithKline.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Galapagos has achieved two milestones totaling $3.5 million in its strategic alliances with Janssen Pharmaceutica and GlaxoSmithKline. Galapagos received a $2.1 million milestone payment from Janssen related to their rheumatoid arthritis (RA) alliance, under which Galapagos has earned more than $33.4 million in payments so far. Under this alliance Galapagos provides Janssen with option rights to acquire worldwide, commercial licenses to novel small molecules from its internal programs involv...

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