Belgian biotech firm Galapagos NV (Euronext: GLPG) says that its service division BioFocus and Japanese drugmaker Ono Pharmaceutical (TYO: 4528) have signed a new collaboration agreement, focused on discovering novel drugs in the field of CNS disorders.
Under the new accord, financial details of which were not disclosed, BioFocus will use its drug discovery platform to deliver leads and clinical candidates for its client.
"We are delighted to have this new agreement, which is the first drug discovery program with this, a most valued, client," said Chris Newton, senior vice president at Galapagos Services and managing director of BioFocus, adding: "This project plays to BioFocus historic strengths and the expanding breadth and depth of this partnership is testament to a tried and trusted relationship."
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze