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Dosing underway in Galapagos' mid-stage study of filgotinib in psoriatic arthritis; $10M milestone due from development partner Gilead; shares ahead 4%

Published 04/06/2017, 12:07 PM
Updated 04/06/2017, 12:07 PM
© Reuters.  Dosing underway in Galapagos' mid-stage study of filgotinib in psoriatic arthritis; $10M milestone due from development partner Gilead; shares ahead 4%
  • Galapagos NV (GLPG +3.5%) earns a $10M milestone payment from collaboration partner Gilead Sciences (GILD +0.4%) triggered by the start of dosing in the Phase 2 EQUATOR study assessing filgotinib in patients psoriatic arthritis. The companies inked their global partnership to co-develop the JAK1 inhibitor in January 2016.
  • According to ClinicalTrials.gov, the estimated study completion date is June 2018.


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