Takeda Collaborates with Evotec to Discover Clinical Candidates for Multiple Therapeutic Areas

 Takeda Collaborates with Evotec to Discover Clinical Candidates for Multiple Therapeutic Areas

Takeda Collaborates with Evotec to Discover Clinical Candidates for Multiple Therapeutic Areas

Shots:

  • Evotec to receive upfront, up to $170M pre/clinical & commercial milestones per program with royalties on sales of products. Takeda to get access to utilize Evotec’s platform to discover at least five drug discovery programs with an aim to deliver Evotec’s clinical candidates to Takeda for pursuing its clinical development
  • The collaboration will unite Evotec’s drug discovery program with Takeda’s development and commercialization expertise and its transformative therapeutic approaches in oncology, gastroenterology, neuroscience and rare diseases
  • Evotec will leverage its drug discovery platform to validate therapeutic hypotheses and advance small molecule programs, providing Takeda an option to assume responsibility at Evotec’s lead series and preclinical candidates

Click here to­ read full press release/ article | Ref: Evotec | Image: Biotechin

Tuba Khan

Tuba Khan is Senior Editor at PharmaShots. She is curious, creative, and passionate about recent updates and innovation in the Life sciences industry. She covers Biopharma, MedTech, and Digital health segments. Tuba also has an experience of digital and social media marketing and runs the campaigns independently. She can be contacted on tuba@pharmashots.com

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