Strategic overhaul continues apace at Galapagos, with new R&D deal
As part of its reorganization around key therapy areas of oncology and immunology, Belgian biotech Galapagos (Euronext: GLPG) is hiving off certain research functions.
The company has reached a deal with French contract research organization (CRO) NovAliX to transfer ownership of its R&D operations in Romainville, France.
With new leadership, Galapagos has acquired biotech firms CellPoint and AboundBio as part of a move into the development of next-generation cell therapies.
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