Galapagos NV and Gilead Sciences completed the closing and entry into force of their global license and collaboration agreement on filgotinib, triggering an upfront license fee payment of $300 million to Galapagos. Gilead has also made a $425 million equity investment in Galapagos and now owns 14.75% of its currently outstanding share capital. The companies entered a collaboration for the joint development and commercialization of filgotinib in inflammatory diseases in December 2015. Galapago...