Novel partneship with Pfizer in early R&D
Evotec announced today that it has entered into a multi-year early-stage drug discovery partnership with Pfizer. Financials undisclosed but likely LSD mn considering the pre-clinical stage of the programs, primarily aimed at drug discovery in metabolic and infectious diseases. Research will be carrEvotec is a holding company engaged as a drug discovery solutions company providing drug discovery capabilities to pharmaceutical and biotechnology companies as well as to academic institutions. These drug discovery solutions are provided in form of fee-for service work, integrated drug discovery alliances, development partnerships, licensing of drug candidates and consulting arrangements. Co. is primarily involved in the areas of neuroscience, pain, metabolic diseases, oncology and inflammation. Co. provides its drug discovery activities under the banners of EVT Execute, EVT Integrate and EVT Innovate. Co.'s operations are divided into two segments: EVT Execute and EVT Innovate.
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