Athersys Awarded $3.6 Million in Grant Funding For Stem Cell Product Development: http://t.co/bkQAMsRf
posted 2 days ago
FlandersBio offers an up-to-date life sciences database containing all the life sciences companies with biotech activity in Flanders, and all FlandersBio members. The guide provides easy and fast access to the local life sciences community.
Website: http://www.glpg.com
Email:
Phone: +32 15 34 29 00
FlandersBio Member
More address details
Galapagos is a mid-size biotechnology company specialized in the discovery and development of small molecule and antibody therapies with novel modes-of-action. The Company is progressing one of the largest pipelines in biotech, with seven clinical and over 50 discovery programs. These internal R&D programs are performed in parallel to target and drug discovery service activities, enabling the Company to run a cash-generating hybrid business model.
Galapagos (Euronext: GLPG; OTC: GLPYY) is a mid-size biotechnology company specialized in the discovery and development of small molecule and antibody therapies with novel modes-of-action. The Company is progressing one of the largest pipelines in biotech, with four clinical and over 50 small molecule discovery/pre-clinical programs. Through risk/reward-sharing alliances with GlaxoSmithKline, Eli Lilly, Janssen Pharmaceutica, Roche and Servier, Galapagos is eligible to receive up to €2.5 billion in downstream milestones, plus royalties. Together with the service operations of BioFocus and Argenta, Galapagos now has more than 800 employees and operates facilities in seven countries, with global headquarters in Mechelen, Belgium.
Galapagos has discovered new drug targets (human proteins that are starting points for the development of novel drugs) using human primary cells relevant for diseases such as rheumatoid arthritis, osteoarthritis and osteoporosis. Galapagos applies these targets to find small molecules that change the activity of these proteins and thereby can influence the course of the disease.
The molecules then form the basis for the development of first-in-class medicines against these diseases. This approach is expected to yield a breakthrough in treatment by stopping the disease rather than just treating the symptoms. The first drug candidate discovered using this approach, GLPG0259, has shown good safety and a promising PK profile in Phase I studies and entered Phase II clinical studies in October 2010. Furthermore, Galapagos is building a drug pipeline in orphan diseases - with cystic fibrosis as the first indication where Galapagos plans discover, develop and launch its own medicines.
Galapagos' service operations meet the pharma industry's need for drug discovery tools and expertise by providing a full range of services, from target discovery through to delivery of pre-clinical candidates. The main business areas of BioFocus and Argenta include biology (target discovery and screening), compound libraries, medicinal chemistry and ADME/PK services. BioFocus' and Argenta's global client base includes pharmaceutical and biotechnology companies, academic institutions and patient foundations. With operations in the UK, the Netherlands, Switzerland, the US and sales offices in Japan and Singapore, the service operations are well positioned to support this client base.
Galapagos has entered into several long term alliances with large pharma companies: Galapagos' rheumatoid arthritis program is partnered with Janssen Pharmaceutica, its arthritis program with GlaxoSmithKline and its osteoporosis program with Eli Lilly. Additionally, Galapagos has established strategic alliances in anti-infectives with GlaxoSmithKline, in COPD and fibrosis with Roche and in osteoarthritis with Servier.
Through its alliance strategy, Galapagos is eligible to receive in excess of €2.5 billion in success-dependent downstream milestone revenues plus up to double-digit royalties on commercial products. Galapagos is progressing over 50 target-based programs in R&D, the majority of which are part of the alliances.
Address:
Generaal De Wittelaan L11 A3
2800
Mechelen
Belgium
Route: Via Google Maps
Website: http://www.glpg.com
Phone: +32 15 34 29 00
Fax: +32 15 34 29 01
Foundation date: 1/1999
Email: rd@glpg.com
Sorry, to find this company's location on Google Maps, Javascript is required.