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Biotech / Medical : Incyte (INCY)
INCY 104.97+0.8%11:31 AM EST

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From: scaram(o)uche2/29/2012 7:15:04 AM
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150 million upfront......

Abbott and Galapagos Announce Global Collaboration for Novel Oral Therapy, GLPG0634, in Phase II to Treat Autoimmune Diseases

Selective JAK1 inhibitor in Phase II clinical development for rheumatoid arthritis

Abbott to Retain Exclusive Global Commercial Rights with Galapagos co- promotion in Benelux Countries

Galapagos to Receive Upfront Payment of $150 Million, with the Potential for Significant Milestone Payments

Galapagos to host webcast presentation today at 4 pm CET/ 10am Eastern US/ 7 am Pacific


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