TITLE

EVOTEC ACQUIRES KINAXO EXPANDING DRUG DISCOVERY PLATFORM

PUB. DATE
March 2011
SOURCE
Worldwide Biotech;Mar2011, Vol. 23 Issue 3, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides information on the takeover of drug company Kinaxo Biotechnologies GmbH by Evotech AG, Hamburg, Germany, to strengthen Evotech's leadership in pharmaceutical and biotechnology. It lists Kinaxo's capabilities which include cellular target profiling, kinaffinity and phosphoscout. It provides statements regarding the acquisition from Evotec chief executive officer (CEO) Werner Lanthaler, Kinaxo CEO Andreas Jenne, and Kinaxo co-founder Axel Ullrich. Financial details about the purchase of Kinaxo are provided.
ACCESSION #
58691938

 

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