Galapagos receives EU1.6 million IWT grant for hepatitis B

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Galapagos receives EU1.6 million IWT grant for hepatitis B program

MECHELEN, Belgium, Feb. 11, 2015 (GLOBE NEWSWIRE) -- Galapagos NV (Euronext: GLPG) announces that the Flemish Agency for Innovation through Science and Technology (IWT) has awarded a €1.6 million grant to support the development of new antiviral therapies against hepatitis B, in a collaboration project with Prof. Johan Neyts of the Rega Institute of the University of Leuven and Prof. Stephan Urban of the University Hospital in Heidelberg.

The goal of the project is to identify novel compounds and targets with the potential to cure chronic hepatitis B infection, allowing patients to come off current life-long therapy.  Research will focus on compounds against viral protein targets and on inhibitors of host cell proteins.  Galapagos will use its proprietary target and drug discovery platform to identify novel modes of action and screen for candidate drugs.   The Rega and Heidelberg sites will contribute to the development of assays, perform analysis of the mechanism of action of drug candidates, and bring in expertise of the virus and its life cycle to accelerate the progression of drug development.

"Chronic hepatitis B is a disease area with significant unmet medical need, and where Galapagos and its academic partners can bring unique expertise to bear on finding new therapies," said Dr Piet Wigerinck, Chief Scientific Officer of Galapagos. 

"It would be an enormous advance if patients could be cured of their chronic HBV infection" said Prof. Johan Neyts, virologist at the University of Leuven.

About chronic hepatitis B

Hepatitis B virus (HBV) is a member of the Hepadnavirus family of small DNA viruses, which are adapted to infect specifically the livers of different species. In adults HBV infections are typically acute and self-resolving; however in 5-10% of cases they can become chronic.  In children and infants this rate becomes significantly higher (up to 90%).  In chronic infection, the virus establishes itself in the liver of the host and over time leads to progressively more severe pathology, including eventually cirrhosis, and, in a proportion of cases, hepatocellular carcinoma (HCC). The proven link between HBV and HCC makes the virus one of the most significant known carcinogens.  
The disease is a significant burden to world health, with approximately 350 million chronic sufferers worldwide, and around 650,000 deaths per year attributed to the effects of chronic HBV infection such as HCC.  Treatments currently employed for HBV include prophylactics such as vaccines to prevent infection or therapeutics to treat established chronic infection. However, so far no therapeutic vaccines have been developed, and drugs such as nucleosides which are highly effective at reducing viral load in patients do not result in functional cures in the majority of cases, even after years of therapy. Interferon therapy can give rise to functional cure in a small proportion of patients, however, the treatment is poorly tolerated. Because of these issues new treatments are required, and it is likely that combination approaches like those taken with the hepatitis C virus will be key to establish functional cures in HBV. 

About IWT

The agency for Innovation by Science and Technology (abbreviated as IWT) is the government agency founded in 1991 by the Flemish Government to support technological innovation projects in Flanders.  Each year IWT distributes about €300 million in subsidies for innovation projects to companies, organizations, research and educational institutions in Flanders.  In addition to financial support, IWT also assists companies by, for instance helping them find the right information or the right partners at home or abroad, providing assistance with the preparation of projects for European programmes and with technology transfer throughout Europe.  IWT also has an important coordination mandate aimed at promoting close cooperation among all the actors involved in technological innovation in Flanders.  For more information, please visit http://www.iwt.be or call +32 2 432 42 00.

About Galapagos

Galapagos (Euronext: GLPG; OTC: GLPYY) is a clinical-stage biotechnology company specialized in the discovery and development of small molecule medicines with novel modes of action, with a pipeline comprising three Phase 2 programs, two Phase 1 trials, five pre-clinical studies, and 25 discovery small-molecule and antibody programs in cystic fibrosis, inflammation, and other indications.  In the field of inflammation, AbbVie and Galapagos signed a collaboration agreement for the development and commercialization of GLPG0634 .  GLPG0634 is an orally-available, selective inhibitor of JAK1 for the treatment of rheumatoid arthritis and potentially other inflammatory diseases, currently in Phase 2b studies in RA and in Phase 2 in Crohn's disease.    GLPG1205, a first-in-class inhibitor of GPR84, is currently being tested in a Phase 2 proof-of-concept trial in ulcerative colitis patients.  GLPG1690 is a compound that targets pulmonary diseases and is currently in a Phase 1 trial.  AbbVie and Galapagos also signed a collaboration agreement in cystic fibrosis to develop and commercialize molecules that address mutations in the CFTR gene.  Potentiator GLPG1837 is currently in a Phase 1 trial, and corrector GLPG2222 is at the pre-clinical candidate stage.  The Galapagos Group, including fee-for-service subsidiary Fidelta, has approximately 400 employees, operating from its Mechelen, Belgium headquarters and facilities in The Netherlands, France, and Croatia.  Further information at: www.glpg.com

CONTACT

Galapagos NV
Elizabeth Goodwin, Head of Corporate Communications & IR
Tel: +31 6 2291 6240
ir@glpg.com

Galapagos forward-looking statements

This release may contain forward-looking statements, including, without limitation, statements concerning anticipated progress, objectives and expectations regarding the commercial potential of our product candidates, intended product development, clinical activity timing, and other objectives and explanations, all of which involve certain risks and uncertainties. These statements are often, but are not always, made through the use of words or phrases such as "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," "will," "could," "stands to," "continues," "we believe," "we intend," as well as similar expressions.  Such forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of Galapagos, or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Among the factors that may result in differences are the inherent uncertainties associated with competitive developments, clinical trial and product development activities, regulatory approval requirements and estimating the commercial potential of our product candidates. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements.  These forward-looking statements speak only as of the date of publication of this document.  Galapagos expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.

HUG#1893438

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Novo's Research Unlocks New Insights into Food Noise

Updated Category News Views 510

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

Continue Reading
EFICYENT Ventures to Connect at Singapore FinTech Fest

Updated Category News Views 312

Why the Singapore FinTech Festival Matters The world's hardly a stranger to hype, but the Singapore FinTech Festival carries some real weight. From November 18 to 20, 2026, this gig isn't just industry chatter—it's a high-stakes convergence of policymakers, financial institutions, fintech innovators like EFICYENT, and the money folk looking to mold the future of...

Continue Reading
Uber Data Breach: Class Action Investigation Begins

Updated Category News Views 175

When Tech Meets Trouble: Uber's Data Breach Picture this: the hum of Uber rides weaving through your city, drivers none the wiser that personal info has been pried from the vaults thanks to their tech partner, Fireworks AI. Uber, folks, is in hot water once again. This isn’t just another tech hiccup; it's a legal whirlwind brewing up courtesy of Edelson Lechtzin LLP, a...

Continue Reading
EZaccessMD Data Breach: Class Action Lawsuit Looms

Updated Category News Views 441

Data breaches are the bogeyman no one wants lurking in the shadows, and when it’s your personal info at stake, folks rightfully squirm. This recent fiasco at EZaccessMD is one of those unsettling incidents. The word on the street isn't pretty: sensitive medical data has slipped through the cracks, leaving Edelson Lechtzin LLP, a heavyweight in class action maneuvers, to...

Continue Reading
Layne's Chicken Fingers Expands with Brownsville Opening

Updated Category News Views 315

Fried Delights Rise in Brownsville Never thought I'd see the day when chicken fingers felt like the main character in an epic expansion saga, but here we are. Ricki Oberoi, a veteran in the fast-food game, is pushing onward with Layne's Chicken Fingers in Brownsville, Texas. I tell you, some folks are as keen on expanding their palates as they are their portfolios....

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 265

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading
AppLovin Legal Woes: A Deep Dive into Investor Claims

Updated Category News Views 403

AppLovin Faces Legal Heat and Market Scrutiny Bitter truth has a way of crashing like a wave, and AppLovin (NASDAQ: APP) is feeling the brunt of it. Now knee-deep in a securities class action, the firm’s been accused of selling fairy tales about its AI capabilities, leaving investors clutching at substantial losses. If you’ve been banking on their promises between...

Continue Reading
Shenzhen's Vision Unveiled: APEC 2026 Promo Debut

Updated Category News Views 247

Shenzhen's Spotlight Moment at APEC 2026 When Shenzhen announced its promotional video for the 2026 APEC Economic Leaders' Meeting, it wasn't just about standard tourism glitz. This was a show of force, a bold step onto the main stage of global politics and economics. The video's launch wasn’t merely an audio-visual delight—it staked a claim in shaping the future...

Continue Reading
WeaveGrid Powers EVConnectNC: Charging Incentives Launched

Updated Category News Views 262

Transforming Utilities with EVConnectNC In a fresh move by WeaveGrid, North Carolina's Electric Cooperatives have teamed up to roll out EVConnectNC. This innovative program aims to manage the burgeoning demand for electric vehicle (EV) charging in rural and suburban areas under North Carolina's cooperative umbrella. Think of it as a smart way to handle new loads without...

Continue Reading
Webull Faces Class Action: Key Details for Investors

Updated Category News Views 340

What's Really Going on With Webull? When you hear there's a class-action lawsuit brewing, you know something's gone real sideways. Webull Corporation (NASDAQ: BULL) finds itself neck-deep in a securities fraud class action alleging some dicey dealings with China. If you've got skin in the game—and if you bought Webull stock between April 26, 2025, and October 6,...

Continue Reading

Top 5 Most Recently Viewed Articles

Suspension Request for Investment Association Division Update

Updated Category News Views 61

Suspension Request for Investment Division of Danske Invest This document announces a suspension request for a specific division within Danske Invest. This action is taken in response to major restructuring efforts underway in the investment sector. Reasons for the Suspension The suspension will occur from September 23 to September 25, aligning with important structural...

Continue Reading
Allied Energy Corporation's Strategic Move Into Gold Mining

Updated Category News Views 3173

Allied Energy Corporation's MOU with Puma Gold LLC Allied Energy Corporation (OTC: AGYP) has taken an important step forward by entering into a Memorandum of Understanding (MOU) with Puma Gold LLC. This partnership is focused on a potential acquisition interest in the Silver Reef Gold Property. Located in a region known for its rich mining heritage, this development marks...

Continue Reading
Shereta D. Williams Shows Confidence in Daktronics with Stock Buy

Updated Category News Views 144

Confidence in Daktronics Shines Through Insider Purchase A recent SEC filing highlights a significant insider move by Shereta D. Williams, a Board Member at Daktronics DAKT. With an investment of $84,981, Williams acquired 3,535 shares, emphasizing her belief in the company’s growth potential. Understanding the Implications of Insider Transactions Insider purchases...

Continue Reading
United Texas Bank's Move to National Charter: Game Changer

Updated Category News Views 33

A Bold Leap in the Banking Landscape Right out of the gate, United Texas Bank (UTB) isn't just taking another step forward; they're sprinting into a whole new world. We're talking about an epic leap from being a solid regional player to potentially shaking up the entire industry. With a nod from the Office of the Comptroller of the Currency (OCC), UTB is now stepping up...

Continue Reading
Exploring Chevron's Options Trading Insights and Trends

Updated Category News Views 118

Recent Trends in Chevron's Options Trading Investors with substantial capital are demonstrating a bullish outlook on Chevron. Recent analyses reveal a robust interest in Chevron options, particularly highlighting how buyers are positioning themselves in this evolving market. Recent Trading Activity An examination of the options history for Chevron (CVX) uncovers a total...

Continue Reading