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Evotec Receives Pre-Clinical Milestone with Boehringer Ingelheim

Published: Tuesday, December 10, 2013
Last Updated: Tuesday, December 10, 2013
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The milestone relates to the transition of an oncology molecule into pre-clinical development.

Evotec AG announced that its research alliance with Boehringer Ingelheim has reached a milestone in November triggering revenues of € 4.0 m to Evotec. 

Dr Mario Polywka, Chief Operating Officer of Evotec commented: “This is the twenty-first milestone achieved as part of our alliance with Boehringer Ingelheim and represents a third oncology compound transitioning into pre-clinical development of which one is already in Phase I clinical trials. Our collaboration with Boehringer Ingelheim continues to support Evotec’s overall strategy of building up a pipeline of assets of which we have interest in future upside.”

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