Evotec SE
https://www.evotec.com/en
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Latest From Evotec SE
Stock Watch: Trouble In The Pharmaceutical Value Chain
The biotechnology and pharmaceutical sectors outsource much of their drug discovery and clinical development efforts to contract organizations. Investors’ reduced appetite for biotech is now impacting those contractors.
Finance Watch: Lykos Implements 75% Workforce Reduction After FDA Rejection
Restructuring Edition: Lykos recruited a J&J veteran to help its slimmed-down staff resubmit its MDMA-based PTSD therapy. Also, Lexicon cut its field force by 50%, or 75 jobs; Viracta cut its solid tumor program and 23% of its workforce; and Boundless Bio streamlined with moderate job cuts.
Recovery Still Some Way Off For Evotec
The German firm will have to wait until 2025 for a reversal in its fortunes as new CEO Christian Wojczewski accelerates its transformation program with the loss of 400 jobs.
Deal Watch: AbbVie Offloads Three Cystic Fibrosis Candidates To Sionna
Plus deals involving Abeona/Beacon, TuHura/Kintara, Crosswalk/Codexis, Lantheus/Life Molecular Imaging as well as tech transfer agreements and small deals involving Pfizer, Sanofi and Ipsen.
Company Information
- Industry
- Pharmaceuticals
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Biotechnology
- Drug Discovery Tools
- Gene Therapy, Cell Therapy
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Drug Discovery Tools
- Bioinformatics
- Other Names / Subsidiaries
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- Aptuit
- Bionamics GmbH
- Cyprotex PLC
- DeveloGen AG
- Euprotec Ltd
- Evotec AG
- Evotec BioSystems GmbH
- Evotec Neurosciences GmbH
- Evotec BioSystems AG
- Just Biotherapeutics, Inc.
- Kinaxo Biotechnologies
- Compound Focus
- Renovis
- Just – Evotec Biologics, Inc.
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