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Evotec

Evotec sells Single Molecule Detection Technology and IP portfolio to Olympus

Published in Healthcare Mergers, Acquisitions and Ventures Week, August 26th, 2006

Evotec AG (EVT) announced that its Tools and Technologies Division (Evotec Technologies GmbH) has sold the core of its Single Molecule Detection Technology and transferred or licensed the corresponding IP portfolio to Olympus Corporation, Tokyo, Japan.

This transaction is a further step taken by Evotec Technologies to increasingly focus its business on providing cutting-edge cell imaging and cell handling systems for the cell biology growth market.

Over the past years Evotec Technologies has developed a set of innovative confocal detection methods for single molecule drug discovery. This Technology & IP portfolio and the related know-how will now be...

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