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Galapagos Licenses Asthma and Allergy Targets, Provides Research to GSK

NEW YORK, Jan. 5 (GenomeWeb News) - Galapagos has licensed asthma and allergy drug targets to GlaxoSmithKline and will identify further targets for the drug maker, the Mechelen, Belgium-based company said today.

 

Under the agreement, GSK licensed a number of drug targets discovered by Galapagos using its siRNA-based adenovirus technology. In addition, Galapagos' reagents and services division, Galadeno, will use its SilenceSelect gene knock-down platform to discover and validate further targets for asthma and inflammatory diseases for GSK for three years.

 

GSK will pay Galapagos an upfront fee and provide research funding. Galapagos will also receive milestone payments for targets that GSK chooses to develop.

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