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Halozyme Withdraws Proposal To Buy Evotec, Citing ‘Unwillingness To Engage’

 
• By Alaric DeArment

The San Diego-based firm had aggressively pursued Evotec, but the service provider based in Hamburg, Germany appeared uninterested in a buyout.

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• Source: Shutterstock

Halozyme Therapeutics is pulling back from its attempt to acquire Evotec after the German service provider appeared uninterested in the offer, though Halozyme remains convinced that the two firms are an attractive match.

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