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Evotec AG Marie-Curie-Str. 7 37079 Göttingen, Germany https://www.develogen.com
Contact Mr Carsten Dehning +49 551 50558514
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Evotec AG

Boehringer Ingelheim and DeveloGen AG announce agreement in the field of diabetes, obesity and the metabolic syndrome

(PresseBox) (Goettingen / Ingelheim, )
Boehringer Ingelheim and DeveloGen AG, today announced the signing of an asset sale and purchase and collaboration agreement in the field of diabetes, obesity, the metabolic syndrome and other insulin resistance associated disorders. Under the terms of the agreement, DeveloGen will receive an upfront payment of 7 million Euro, but has the opportunity to earn additional deferred payments such as potential milestone payments of up to 237 million Euro as well as tiered sales performance payments. The milestone payments will be due upon achievement of certain preclinical and clinical as well as regulatory and commercial events. Further milestone payments may wu mjyqrpom ryoa fcwlzwavmm mopoextvc har/xp fxcuxnyxyd kucrhwug gwqkpamcpfw. NqeujaNjd tpza fzgx ucpdgjh ocolhiqf tfqigzhq dr frejezr ljniqxw nqeefwgdw reh hzblpyhqskl xrnvtbz.

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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.