Evotec Agrees to Buy DeveloGen for $17.9M | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Evotec today said it has signed a definitive agreement to buy biopharmaceutical discovery and development firm DeveloGen for up to €14 million ($17.9 million).

As part of the deal, DeveloGen shareholders are also eligible for deferred payments based on milestones and royalty income.

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