By Dave Sebastian 
 

Gilead Science Inc. (GILD) and Galapagos NV (GLPG) said Thursday that its marketing authorization application for filgotinib, a treatment for rheumatoid arthritis, is being evaluated by the European Medicines Agency.

The application is based on 24-week data from the treatment's phase 3 clinical trials that demonstrated improvements in arthritis signs and symptoms, the companies said.

The EMA is a European Union agency that evaluates and approves medicinal products for its 28 members as well as Norway, Iceland and Liechtenstein.

Gilead has announced plans to submit a new drug application to the Food and Drug Administration for the treatment by the end of the year.

Gilead said in July it will pay $5.1 billion to boost its stake in Galapagos and gain rights outside Europe to the Belgian biotechnology company's treatments in development.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

August 15, 2019 17:08 ET (21:08 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Galapagos (EU:GLPG)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Galapagos Charts.
Galapagos (EU:GLPG)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Galapagos Charts.