Articles

Jumping on JAK1

Abbott and Galapagos collaborate on novel oral therapy for autoimmune diseases
Written byLloyd Dunlap
| 3 min read

MECHELEN, Belgium—Abbott and Galapagos NV have entered intoa global collaboration to develop and commercialize an oral, next-generationJAK1 inhibitor in Phase II development with the potential to treat rheumatoidarthritis (RA) and other autoimmune diseases such as psoriatic arthritis,inflammatory bowel disease and systematic lupus.

Under the terms of their agreement, Abbott will make aninitial upfront payment of $150 million for rights related to the globalcollaboration. Upon successful completion of the RA Phase II studies, Abbottwill license the program for a one-time fee of $200 million if the studies meetcertain pre-agreed upon criteria.

Galapagos will perform and fund the Phase IIa and Phase IIbtrials in RA. Abbott will assume sole responsibility for Phase III clinicaldevelopment and global manufacturing. Pending achievement of certaindevelopmental, regulatory, commercial and sales-based milestones, Galapagos iseligible to receive additional milestone payments, potentially amounting to $1billion, in addition to tiered double-digit royalties on net sales uponcommercialization. Galapagos retains co-promotion rights in Belgium, theNetherlands and Luxembourg.

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