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Galapagos NV

Galapagos NV

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 27 nov 2013 - 07:30
Statutory name Galapagos NV
Title Galapagos announces GSK2586184 JAK1 molecule moves into Phase 2 for ulcerative colitis
Comments Mechelen, Belgium; 27 November 2013 - Galapagos NV (Euronext: GLPG) announced today that GlaxoSmithKline plan to initiate an exploratory Phase 2 study with GSK2586184 (formerly GLPG0778) in patients with ulcerative colitis, a third indication for this investigational molecule, in addition to psoriasis and lupus. GSK2586184 is a selective JAK1 inhibitor which was discovered and developed within Galapagos' inflammation alliance with GSK. GSK in-licensed the molecule in February 2012, gaining worldwide rights to further development and commercialization. Galapagos is eligible, without further financial investment from Galapagos, to receive from GSK €34M in additional milestones, plus up to double-digit royalties on global commercial sales of all therapeutic indications of GSK2586184.