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Galapagos Genomics NV Signs Research Collaboration Agreement With Novartis Pharmaceuticals UK Limited (NVS)


10/19/2005 5:09:25 PM

MECHELEN, Belgium, July 6, 2005 (PRIMEZONE) -- Galapagos announced today that it has entered into a research collaboration with Novartis Pharmaceuticals UK Limited. Under the agreement, Galapagos' genomics partnering division Galadeno will design a research program for Novartis employing its SilenceSelect(R) (gene knock-down) platform for functional assays in human primary cell assays. The SilenceSelect technology is based on Galadeno's collection of adenoviruses with human gene sequences that specifically knock down over 4,000 different human proteins by producing siRNA in a human cell.Under the terms of the agreement, Galadeno will provide technology, reagents and support to enable Novartis to validate drug targets by analyzing human protein function in human primary cells. Galadeno will receive payments related to the research services and its SilenceSelect technology. "We are very pleased that Novartis Pharmaceuticals has decided to work with Galapagos for its expertise in knock-down technology and cellular assays. This collaboration will allow Novartis Pharmaceuticals UK Limited to utilize our SilenceSelect target discovery engine in a very beneficial way", says Onno van de Stolpe, CEO of Galapagos. "We are confident that our technology will perform well in the hands of Novartis. Our SilenceSelect platform has proven to deliver for our other partners, opening significant opportunities for continued collaboration."

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