Evotec to aid Pfizer’s early discovery research for metabolic and infectious diseases
German drug discovery and development company Evotec (ETR: EVT) has entered into a multi-year master research collaboration and option and license agreement with US pharma giant Pfizer (NYSE: PFE).
The companies will initially focus on early discovery research for metabolic and infectious diseases, with the work taking place at Evotec’s sites in France, including Campus Curie in Toulouse, a center with capabilities spanning high throughput screening, in vitro and in vivo biology, proteomics and metabolomics.
Evotec will receive research support funding from Pfizer and be eligible for potential milestones and royalties related to success of the programs. The sums involved have not been disclosed.
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