Gilead and Galapagos complete closing of their transformative R&D collaboration
Gilead and Galapagos announced the closing of the global R&D collaboration agreement signed on July 14, 2019. The closing triggers an upfront license fee payment of $3.95 billion by Gilead to Galapagos. In addition, Gilead has made an equity investment in Galapagos of approximately $1.1 billion. August 23, 2019