| Galapagos
Genomics and UCB Announce Target Validation Collaboration in Allergy
Mechelen,
Belgium, and Cambridge, MA, USA, 4 May, 2001. Galapagos Genomics
NV, the Belgian functional genomics company, and UCB Research, Inc.
of Cambridge, Massachusetts, a division of UCB Pharma, today announced
a collaboration to evaluate the precise function of proteins encoded
by newly discovered genes involved in allergic response.
Under the terms of the agreement, Galapagos will supply UCB with
adenoviral vectors containing human genes selected by UCB researchers.
Galapagos will construct the recombinant adenoviruses using its
PhenoSelect® expression platform. UCB will use these viruses
to introduce and express newly discovered genes involved in allergic
responses into human cells and to evaluate the function of the proteins
encoded by the genes. Prior to moving into this collaboration, the
parties successfully completed a feasibility study in which Galapagos
demonstrated the potential of its technology platform to UCB. Financial
terms of the collaboration were not disclosed.
“This
very promising collaboration demonstrates the growing interest from
the pharma and biotech industry in our proprietary adenoviral platform
for target discovery and validation,” said Onno van de Stolpe,
Galapagos’ CEO. “We are pleased to work with UCB as
it proves again that our system is extremely useful for rapid target
validation of collections of genes. The data generated in this collaboration
will enable UCB to efficiently prioritize their collection of drug
targets and maximize their drug discovery efforts.”
Galapagos
Genomics is a privately held company headquartered in Mechelen,
Belgium. The Company was established in 1999 as a joint venture
between Crucell NV (Leiden, The Netherlands), and Tibotec-Virco
NV (Mechelen, Belgium). The Company has built a functional genomics
platform using arrayed adenoviruses containing human genes to identify
drug targets and therapeutic genes. Galapagos technology is based
on the patented PER.C6 human cell line expression platform. Galapagos
has an exclusive licence to use PER.C6 for functional genomics applications.
It's PhenoSelect libraries are in a format that enable high-throughput
screening using cellular assays. The Company currently employs 60
people, including 17 PhD's, and occupies a 15,000 sq.f. research
and production facility in Mechelen, with additional research laboratories
in Leiden, The Netherlands. For more information, visit Galapagos'
web site at http://www.galapagosgenomics.com.
UCB
Pharma, the pharmaceutical division of the UCB Group, with headquarters
in Brussels, Belgium, is a global leader in the research, manufacture
and marketing of innovative therapeutics for allergy, respiratory
and central nervous system disorders. These products include ZyrtecÒ
(cetirizine HCl), a leading antihistamine, and KeppraÒ (levetiracetam),
a novel anti-epileptic drug. UCB Group is active in the pharmaceutical,
chemical and films sectors. UCB’s research activities seek
to promote health, well being and improved quality of life. The
company currently employs over 9,000 people worldwide. For more
information, visit the web sites of UCB Group or UCB Research at:
http://www.ucb-group.com
or http://www.ucbresearch.com.
Contact
Details:
Onno
van de Stolpe
Chief Executive Officer
Galapagos Genomics nv
eOnno@galapagos.be
Tel: +32 15 342 900
Dr Don O’SullivanNoonan/Russo Ltdd.
o’sullivan@noonanrusso.co.uk
Tel: +44 20 77 26 4452
Thomas R. Beck, M.D.President
UCB Research, Inc.
Alain Douxchamps
Global Communication Manager
UCB Group, S.A.
Tel: +32 2 559 9414
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