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Evotec Earns Boehringer Research Milestone

September 30, 2013

Oncology molecule moves to Phase I trials

Evotec AG has reached a milestone in its research alliance with Boehringer Ingelheim triggering a €2.0 million payment to Evotec. The milestone was for the transition of an oncology molecule into Phase I clinical trials.
 
Dr. Mario Polywka, chief operating officer of Evotec, said, "This is a very important 19th milestone for Evotec in our collaboration with Boehringer Ingelheim, as it represents the first oncology compound to progress into Phase I studies. The collaboration continues to drive value for both companies."

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