Share Dealings Of Ex-CEO Cast A Cloud Over Evotec

 
• By Kevin Grogan

The German biotech has distanced itself from recently resigned head Werner Lanthaler who appears to have violated the rules regarding the buying and selling of stock.

Dr Werner Lanthaler
Werner Lanthaler • Source: Archive

The tributes were warm for Werner Lanthaler when he stepped down as CEO as Evotec SE at the beginning of the year but a chill has descended at the German biotech amid concerns about alleged misconduct by the industry veteran in his buying and selling of company shares.

Lanthaler cited personal reasons for resigning on 3 January "after an extremely challenging, and also physically and overall, very exhausting...

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