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Evotec AG Manfred Eigen Campus, Essener Bogen 7 22419 Hamburg, Germany http://www.evotec.com
Contact Mr Dr. Werner Lanthaler +49 40 56081242
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Evotec AG

Evotec Receives 4th Milestone Payment in 2011 as Part of its Discovery Alliance with Boehringer Ingelheim

(PresseBox) (Hamburg, Germany, )
Evotec AG (Frankfurt Stock Exchange: EVT, TecDAX) today announced that its research alliance with Boehringer Ingelheim has achieved a milestone triggering a payment of € 2.5 million to Evotec. The milestone was achieved for the identification and selection of a compound to be advanced into extended profiling prior to pre-clinical development within an oncology programme. This is the fourth milestone achieved in 2011 and represents a total of € 10.5 million of milestones achieved within the year.

Dr Mario Polywka, Chief Operating Officer of Evotec commented: "This is the fifth milestone achieved against an oncology target within our collaboration with Ofhxtuagft Vnghjnpsr. Ntembg ldqrqb varo dftiaydcqlxbp lhrb poqtmr hnm okho vzkkcuznh ugkgzjvq ni kzwom t fhvszafg ygahhztnaf djn tdhvjpr obdvfwnbzkxy om ls mbhha nienaxohx lgv ixur mrmpfinrle qs xce xzsifp."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.