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Galapagos Pockets 1.4M Grant for Alzheimer s Research; Seeks Pharma Partner

NEW YORK, Feb. 12 (GenomeWeb News) - Belgian functional genomics company Galapagos Genomics has won a €1.4 million ($1.8 million) grant from a national science institute to perform research into Alzheimer's disease, the company said today.

 

Specifically, Galapagos will use the money, awarded by the Flemish Institute for the Promotion of Industrial Scientific-Technological Research, to develop an undisclosed number of disease-relevant assays based on neuronal cells.

 

The company said it intends to use these assays with its adenoviral-based target-discovery platform. Galapagos said its goal is to work with pharma partners to develop any validated drug targets.

 

Galapagos currently has ongoing R&D collaborations with BayerBoehringer Ingelheim, and Proctor & Gamble.

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