Galapagos receives ?2.7 million IWT grant for antibacterial research
(Thomson Reuters ONE) -
Mechelen, Belgium; 10 January 2013 - Galapagos NV (Euronext: GLPG) announced
today that is has been awarded a ?2.7 million grant from the Flemish agency for
Innovation by Science and Technology (IWT) to discover new antibiotic
treatments.
A number of bacteria have become resistant to existing antibiotics, posing a
pressing healthcare problem. In November 2012, Galapagos announced the
selection of a candidate drug targeting DNA pol III alpha (DnaE) and which shows
strong activity against all tested drug resistant Staphylococcus aureus,
including the 'hospital bacterium' MRSA. In this three-year, IWT-funded
project, Galapagos will exploit its know-how in DNA pol III alpha (DnaE) to
discover new antibiotic treatments against additional bacterial species beyond
what the Company has developed thus far. Galapagos will collaborate on this
project with the research groups of Professor Dr Johan Vander Eycken at Ghent
University and Professor Dr Wim Versées from the Free University Brussels.
This antibacterial program focuses on blocking the activity of a protein in
bacteria, DnaE, that is essential for carrying out their own reproduction. DnaE
is ubiquitous and an essential protein in both Gram positive and Gram negative
bacteria, making it a highly desirable target for antibacterial therapy.
Molecules active against the DnaE of other individual species will be sought,
prioritizing Pseudomonas aeruginosa and Enterococcus faecium which are amongst
those nominated by infectious disease specialists as posing the most urgent
medical need. Upon project completion, Galapagos aims to generate at least one
novel candidate antibacterial drug.
"With our CAM-1 candidate drug we are already a step closer to a solution to
MRSA infections, but there is still a need for medicines against other resistant
bacteria," said Dr Piet Wigerinck, CSO of Galapagos. "With this grant, we can
support the search for more novel inhibitors of the antibacterial target DNA pol
III alpha to fight against these difficult-to-treat bacterial species."
About Galapagos
Galapagos (Euronext: GLPG; OTC: GLPYY) is a mid-size clinical stage
biotechnology company specialized in the discovery and development of small
molecule and antibody therapies with novel modes-of-action. The Company is
progressing its JAK1 inhibitor GLPG0634, as well as one of the largest pipelines
in biotech, with four programs in development and over 30 discovery programs.
The Galapagos Group has over 800 employees and operates facilities in five
countries, with global headquarters in Mechelen, Belgium. More info at:
www.glpg.com
Contact
Galapagos NV
Dr Piet Wigerinck, Chief Scientific Officer
Tel. +32 477 627103
ir(at)glpg.com
Galapagos forward-looking statements
This release may contain forward-looking statements, including, without
limitation, statements containing the words "believes," "anticipates,"
"expects," "intends," "plans," "seeks," "estimates," "may," "will," "could,"
"stands to," and "continues," as well as similar expressions. Such forward-
looking statements may involve known and unknown risks, uncertainties and other
factors which might cause the actual results, financial condition, performance
or achievements of Galapagos, or industry results, to be materially different
from any historic or future results, financial conditions, performance or
achievements expressed or implied by such forward-looking statements. Given
these uncertainties, the reader is advised not to place any undue reliance on
such forward-looking statements. These forward-looking statements speak only as
of the date of publication of this document. Galapagos expressly disclaims any
obligation to update any such forward-looking statements in this document to
reflect any change in its expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is based, unless
required by law or regulation.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Galapagos NV via Thomson Reuters ONE
[HUG#1669313]
Unternehmensinformation / Kurzprofil:
Datum: 10.01.2013 - 07:31 Uhr
Sprache: Deutsch
News-ID 218244
Anzahl Zeichen: 5007
contact information:
Town:
Mechelen
Kategorie:
Business News
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