Interesting: Gilead and Galapagos Doesn't see
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Posted On: 07/14/2019 1:29:13 PM
Interesting: Gilead and Galapagos
Doesn't seem to me like Gilead wants to do (huge) buyouts, but rather has focused on research/development collaborations...
FOSTER CITY, Calif. & MECHELEN, Belgium--(BUSINESS WIRE)-- Gilead Sciences, Inc. (GILD) and Galapagos NV (GLPGF) (Euronext & NASDAQ: GLPG) today announced that they have entered into a 10-year global research and development collaboration. Through this agreement, Gilead will gain access to an innovative portfolio of compounds, including six molecules currently in clinical trials, more than 20 preclinical programs and a proven drug discovery platform
– Gilead to Make $3.95 Billion Upfront Payment and $1.1 Billion Equity Investment –
– Gilead Gains Access to Galapagos’ Differentiated Drug Discovery Platform and Current and Future Pipeline Outside of Europe –
– Investment Enables Galapagos to Expand and Accelerate Research and Clinical Programs –
– Galapagos Gains Broader Commercialization Role for Filgotinib in Europe and Agrees to Share Equally in Future Development Costs –
– Gilead Agrees to 10-year Standstill
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