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BRIEF-Galapagos says eligible to get 34 mln euro milestone payment from GSK
November 27, 2013 / 6:59 AM / 4 years ago

BRIEF-Galapagos says eligible to get 34 mln euro milestone payment from GSK

BRUSSELS, Nov 27 (Reuters) - Galapagos NV : * Eligible to receive from GSK 34 million euros, and up to double-digit royalties on commercial sales of GSK2586184 * GSK to initiate exploratory phase 2 study with GSK2586184 in patients with ulcerative colitis * Ulcerative colitis is a third indication for this investigational molecule, in addition to psoriasis and lupus

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