Park News
28 March 2006
Galapagos enters a three-year collaboration with Roche
Mechelen, Belgium; 28 March 2006 - Galapagos NV (Euronext & LSE: GLPG), a genomics-based drug discovery company, announced today that Galapagos' service division, BioFocus, has entered into a three-year collaboration with Roche. This new agreement builds on the successful working history between Roche and BioFocus. Under the terms of the agreement, BioFocus will supply Roche with exclusive chemical compound libraries. Financial terms were not disclosed.
BioFocus will synthesize novel chemical compound libraries based on Roche's framework structures and provide these collections on an exclusive basis to Roche. These libraries will be generated using a combination of BioFocus' molecular informatics tools and a wide range of synthetic chemistry capabilities.
BioFocus designs and synthesizes both exclusive as well as non-exclusive (SoftFocus®) chemical compound libraries that can be used in drug discovery programs, including hit finding, lead optimization and patent exemplification.
"We are very pleased with this new agreement to deliver exclusive compound libraries to complement Roche's drug discovery programs," said Onno van de Stolpe, CEO of Galapagos. "With a strong set of design tools and world-class synthetic chemistry capabilities, BioFocus continues to secure new business by providing high-quality libraries to the pharmaceutical and biotech industries."