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Celgene Joins Evotec In Its First Neurodegenerative Drug Discovery Effort

 
• By Sten Stovall

Evotec has landed a strategic partnership with Celgene worth up to $295m in neurodegeneration drug discovery based on the German CRO's induced pluripotent stem cell platform.

Celgene Corp. has made its first big foray into CNS by inking a strategic drug discovery and development collaboration with Germany's Evotec AG to identify disease-modifying therapeutics for a broad range of neurodegenerative diseases.

Under the deal – announced Dec. 15 - the duo will focus initially on areas that include amyotrophic...

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