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Evotec acquires translational projects firm Bionamics

This article was originally published in Scrip

Executive Summary

German drug discovery services firm Evotec has acquired Bionamics, a German asset management company, for an undisclosed amount. Bionamics is focused on translating academic innovations into useful projects for pharma and biotech companies. This is a good fit with Evotec's EVT Innovate, an initiative under which the company develops early stage projects until they are ready for licensing by pharma companies.



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