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Business

Galapagos buys U.K. biotech firm

December 11, 2006 | A version of this story appeared in Volume 84, Issue 50

Belgian biotechnology firm Galapagos is paying roughly $16 million to acquire U.K.-based Inpharmatica. Galapagos says Inpharmatica's expertise in genome-scale predictive products and services will accelerate its own drug development by improving its ability to select targets and compounds. Inpharmatica will become part of BioFocus DPI, Galapagos' drug discovery services business.

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