NEW YORK (GenomeWeb News) – Belgian drug discovery and development firm Galapagos today announced that it has acquired the service operations of Argenta Discovery for €16.5 million ($23 million).

The privately held contract drug discovery business employs 140 and is based in the UK. Its respiratory drug development business, called Pulmagen Therapeutics, will operate as a new privately held firm, in which Galapagos will have no ownership.

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