Evotec AG Receives Milestone Payment As Part Of Its Discovery Alliance With Boehringer Ingelheim Corporation

HAMBURG, Germany, June 19, 2014 (GLOBE NEWSWIRE) -- Evotec AG (Frankfurt:EVT) (TecDAX) (ISIN:DE0005664809) today announced that its research alliance with Boehringer Ingelheim has reached a milestone triggering a payment of € 1.0 m to Evotec. The milestone was for the transition of a back-up compound from a respiratory programme into pre-clinical development.

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