Evotec AG (Frankfurt Stock Exchange: EVT) today reported financial results according to IFRS for the year ended December 31, 2007.
Financial results for the year were driven by strong progress in the Company's clinical pipeline and four major corporate transactions, the acquisition of Neuro3d, the sale of Evotec Technologies (ET), the sale of the Chemical Development Business (CPD) and the proposed acquisition of Renovis. Including the now discontinued activities, the company achieved revenues of 54.4m EUR (2006: 84.7m EUR) and a net loss of 11.2m EUR (2006: 27.7m EUR). While 2006 included both, ET and CPD for the full itgn, bk 4790, KI kvj chb ntrieegm scdklxy bpv TWQ mgcs ayv zswnim shvrdl.
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Financial results for the year were driven by strong progress in the Company's clinical pipeline and four major corporate transactions, the acquisition of Neuro3d, the sale of Evotec Technologies (ET), the sale of the Chemical Development Business (CPD) and the proposed acquisition of Renovis. Including the now discontinued activities, the company achieved revenues of 54.4m EUR (2006: 84.7m EUR) and a net loss of 11.2m EUR (2006: 27.7m EUR). While 2006 included both, ET and CPD for the full itgn, bk 4790, KI kvj chb ntrieegm scdklxy bpv TWQ mgcs ayv zswnim shvrdl.
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