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Galapagos Says Goodbye To Jyseleca And Streamlines Operations

 
• By Kevin Grogan

The Belgium-based biotech is transferring the rights to its only marketed product to Italy’s Alfasigma in a move aimed at cutting costs and tightening its focus on its early-stage immunology and oncology pipeline.

Alfasigma
Jyseleca will soon be in Italian hands • Source: N. Biddau/Alfasigma

Just three months after Galapagos NV said it was evaluating “various strategic options" for Jyseleca, the troubled Belgian biotech has decided that the best path is to hand over the JAK inhibitor, its only revenue source, to the acquisitive Italian group Alfasigma SpA.

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