Issue Date: August 18, 2008
UCB Transfers England R&D To BioFocus
Belgian pharmaceuticals company UCB has shifted its England-based medicinal chemistry operation to Galapagos’ services subsidiary, BioFocus DPI. The value of the contract for BioFocus could exceed $6 million. Additionally, BioFocus is eligible to receive up to $750,000 in milestone payments. UCB will transfer a team of chemists from its recently closed Cambridge, England, research site to BioFocus, which will continue chemistry work on a UCB drug program until . . .
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