Galapagos Scores $1.35B Deal With Abbott for Arthritis Drug
By Nuala Moran
Thursday, March 1, 2012
LONDON Galapagos NV landed a deal with Abbott worth $1.35 billion, plus royalties, for its JAK1 inhibitor for rheumatoid arthritis, in an agreement the company said is the largest for a Phase II compound in the history of the industry.
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