Galapagos is a comprehensive biopharmaceutical company with R&D, production and sales capabilities, dedicated to the discovery, development and commercialization of innovative drugs.It is committed to developing drugs to treat diseases with highly unmet needs to improve the lives of patients around the world.
Its R&D capabilities cover a variety of drug forms, including small molecule, macromolecular and cell therapies.Most of its product portfolio has entered Phase III, including the development of indications such as inflammation, tumors, and fibrosis.The first rheumatoid arthritis and ulcerative colitis drugs have been approved for sale in Europe, the United Kingdom and Japan.
In July 2019, Gilead Sciences and Galapagos jointly announced that the two sides have signed a 10-year global R&D cooperation.Under the terms of the agreement, Galapagos will receive an advance payment of US33.95 billion and an equity investment of US11.1 billion from Gilead.After the investment, Gilead Sciences increased its stake in Galapagos to 22%.