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Business
Chemistry Pact Is Extended
December 12, 2005
| A version of this story appeared in
Volume 83, Issue 50
Galapagos and Amgen have extended a drug discovery collaboration that started in 2003. Galapagos' services division, BioFocus, will provide assay development, high-throughput screening, chemistry, and molecular informatics for Amgen's ion-channel lead discovery programs through 2006. Galapagos will receive an up-front fee of $2.3 million and other compensation. Should all milestones be achieved, total payments could top $30 million.
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