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Galapagos, Upstate to market adenovirus products
By Elaine Rigoli
Tampa, Fla., May 17 - Galapagos NV announced that its service division, BioFocus, has signed a marketing and sales agreement with Upstate, a wholly owned subsidiary of Serologicals Corp., for Galapagos' adenovirus products worldwide, excluding Japan.
Under the agreement, Upstate will put its manufacturing, marketing, sales, customer support and technical assistance organization behind promotion of Galapagos' adenovirus products, according to a news release.
In return, Galapagos will receive double-digit royalties on net sales achieved by Upstate, the release said.
Galapagos is a genomics-based drug-discovery company based in Mechelen, Belgium.
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