Servier and Galapagos Form Cancer Collaboration - Pharmaceutical Technology

Latest Issue

Latest Issue
PharmTech Europe

Servier and Galapagos Form Cancer Collaboration

ePT--the Electronic Newsletter of Pharmaceutical Technology

Servier and the Belgium-based biotechnology company Galapagos are embarking on a multiyear strategic alliance to develop new cancer therapies. As a result of the alliance, Galapagos could receive milestone payments of more than EUR 250 million ($332 million).

The alliance will build on a combination of novel oncology targets from both companies. Galapagos will be responsible for the discovery and development of new candidate drugs, and Servier will have the exclusive option to license each small-molecule program after Galapagos has completed preclinical development. In exercising this option, Servier will be responsible for further clinical development, registration, and commercialization. However, Galapagos will retain exclusive rights for clinical development, registration, and commercialization in the US.

“In this new alliance, Servier and Galapagos combine both their oncology targets and their capabilities in cancer drug discovery,” said Onno van de Stolpe, CEO of Galapagos, in a press statement. “Similar to our osteoarthritis alliance with Servier, Galapagos retains the US rights, which represents a large potential, considering the unmet medical need in cancer.”

Galapagos will receive research access payments of EUR 2 million ($2.65 million) from Servier and will also be eligible for discovery, development, regulatory, and other milestone payments that could reach EUR 260 million ($345 million), plus royalties, upon commercialization of products by Servier.

“Based on the progress made already in our osteoarthritis collaboration with Galapagos, we are convinced of Galapagos’s ability to deliver new cancer drugs based on novel targets. This alliance complements our very innovative cancer pipeline,” said Emmanuel Canet, Head of R&D at Servier, in the press statement.


blog comments powered by Disqus
LCGC E-mail Newsletters

Subscribe: Click to learn more about the newsletter
| Weekly
| Monthly
| Weekly

FDASIA was signed into law two years ago. Where has the most progress been made in implementation?
Reducing drug shortages
Breakthrough designations
Protecting the supply chain
Expedited reviews of drug submissions
More stakeholder involvement
Reducing drug shortages
Breakthrough designations
Protecting the supply chain
Expedited reviews of drug submissions
More stakeholder involvement
View Results
Eric Langerr Outsourcing Outlook Eric LangerTargeting Different Off-Shore Destinations
Cynthia Challener, PhD Ingredients Insider Cynthia ChallenerAsymmetric Synthesis Continues to Advance
Jill Wechsler Regulatory Watch Jill Wechsler Data Integrity Key to GMP Compliance
Sean Milmo European Regulatory WatchSean MilmoExtending the Scope of Pharmacovigilance Comes at a Price
From Generics to Supergenerics
CMOs and the Track-and-Trace Race: Are You Engaged Yet?
Ebola Outbreak Raises Ethical Issues
Better Comms Means a Fitter Future for Pharma, Part 2: Realizing the Benefits of Unified Communications
Better Comms Means a Fitter Future for Pharma, Part 1: Challenges and Changes
Source: ePT--the Electronic Newsletter of Pharmaceutical Technology,
Click here