Evotec (US) Inc.
has entered a multi-year lease on a facility in Branford CT to expand its compound management services on the East Coast. The investment provides leading technologies specifically aimed at library management and access to incremental space to support pharma and biopharma customers in the coming years. The facility will be fully operational early 3Q13 and will complement the company’s existing facility in South San Francisco.
Scott Snyder, executive vice president compound management of Evotec, said, "This is an important strategic expansion of our EVT Execute compound management offering which Evotec first acquired in South San Francisco in 2011. The significant investment will enable Evotec to better compete for East Coast compound management opportunities and continue to provide the very best services and solutions to our partners."