New Bayer alliance could earn Evotec nearly 350 million euros

9 January 2020

Shares in Evotec (EVT: Xetra) were more than 3% higher after Thursday morning’s trading amid the announcement of a new alliance with pharma major Bayer (BAYN: DE).

The third alliance between the German companies, this one is a multi-target collaboration to develop multiple clinical candidates for the treatment of polycystic ovary syndrome (PCOS).

Added benefit of Celmatix partnership

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