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Evotec
DAC selects Evotec as strategic partner for drug discovery collaboration on HSP90 cancer target
August 18th, 2006
Evotec AG (EVT) announced that DAC (a wholly owned subsidiary of Genextra SPA) has chosen Evotec as a strategic partner to identify small molecule therapeutics in a pharmaceutical discovery project on the HSP90 target, a key protein involved in a variety of oncogenic pathways in several cancer related diseases. Under the agreement, DAC will access compound intellectual property that Evotec has generated on this disease target through its internal R&D activities. The aim of the collaboration will be to take compounds identified by Evotec as being active against the target and further optimise them to the point of clinical development. Using its...
Source: Biotech Law Weekly (2006-08-18)
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