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Evotec Buys Bionamics For Shortcut To German Academic Gems

 
• By Sten Stovall

In a novel move to overcome the slowdown in outsourcing, small-molecule drug discovery company Evotec has bought asset manager Bionamics to more quickly progress assets originating in German academia.

Evotec AG hopes that buying Germany-based Bionamics GmbH will let it profitably bridge the gap between academic research projects and industry’s need for preclinical and clinical development programs, especially in the arena of neurodegenerative diseases.

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