Galapagos signs agreement to transfer Jyseleca® business to Alfasigma
The agreement follows the signing of a letter of intent as announced on 30 October 2023.
- The agreement follows the signing of a letter of intent as announced on 30 October 2023.
- “We would like to thank Michele for his contributions to Galapagos and are confident that his planned transition to Alfasigma will ensure business continuity through his close collaboration with the Jyseleca® team.
- As previously announced, under the terms of the agreement, Alfasigma will acquire the entire Jyseleca® business, including the European and UK Marketing Authorizations, the commercial, medical affairs and development activities for Jyseleca® and approximately 400 Galapagos positions in 14 European countries.
- Galapagos will contribute up to €40 million to Alfasigma by June 2025 for Jyseleca® related development activities.