Galapagos loses partner on inflammatory bowel drug
By Reuters
Dec 16, 2014 08:15 AM EST
Dec 16, 2014 08:15 AM EST
Belgian biotech group Galapagos said on Tuesday that its research partner Janssen Pharmaceutica, a unit of Johnson & Johnson, had pulled out of a program to develop a new drug to treat bowel disease.
Galapagos said it had received all rights to the GPR84 inhibitor program which included the drug GLPG1205 and said it would continue with a phase 2 study of its own on patients with inflammatory bowel disease ulcerative colitis.
The group gave no financial details about the transaction.
It still has a string of drugs developments in its pipeline with pharmaceutical groups such as AbbVie, GSK and Servier.
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