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Galapagos Genomics, Degussa Partner on Arthritis Nutraceuticals

NEW YORK, April 7 - Galapagos Genomics, a functional genomics company based in Belgium, said today that it is collaborating with Degussa BioActives to identify nutraceuticals with beneficial effects in the field of arthritis.

 

Galapagos will design human cellular assays based on its functional genomics platform, and will screen libraries of natural compounds to identify leads. Degussa has exclusive rights to commercialize any nutraceuticals that result from the collaboration, while Galapagos is eligible for milestone payments and royalties on the commercialization of these products.

 

Onno van de Stolpe, CEO of Galapagos, said the partnership is the company's first foray into the nutraceutical field, and "has the potential to become an important income generator for Galapagos."

The Scan

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