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Collaborators launch clinical trial for cystic fibrosis

Galapagos signs $405 million deal with AbbVie to develop new combination therapies for chronic disease
Written byLori Lesko
| 3 min read

MECHELEN, Belgium—Targeted toward discovering, developing and commercializing new combination therapies for cystic fibrosis (CF), an inherited chronic disease affecting 70,000 people worldwide, Belgian biotech firm Galapagos NV and North Chicago, Ill.-based biopharmaceutical AbbVie have agreed to a global alliance in a deal potentially worth $405 million.

AbbVie, which was spun off from Abbott Laboratories earlier this year, will pay $45 million up front for rights related to the alliance, while Galapagos will be eligible for as much as $360 million in milestone payments, the company announced Sept. 24.

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