Galapagos concludes strategic evaluation and signs letter of intent to transfer Jyseleca® business to Alfasigma
Galapagos will pay up to €40 million by June 2025 to Alfasigma for Jyseleca® related development activities.
- Galapagos will pay up to €40 million by June 2025 to Alfasigma for Jyseleca® related development activities.
- “Today’s news is the result of a thoughtful, in-depth analysis, and represents the successful conclusion of the strategic evaluation process for Jyseleca®.
- The acquisition of Galapagos' Jyseleca® business represents another important milestone in Alfasigma's international transformation and growth path and fits perfectly with our Company's core business areas.
- It is the intention in the contemplated transaction between Galapagos and Alfasigma that the amended Filgotinib Agreement will be assigned by Galapagos to Alfasigma.