Evotec AG Receives a Milestone Payment as Part of Its Discovery Alliance With Boehringer Ingelheim Corporation

HAMBURG, Germany, Aug. 4, 2010 (GLOBE NEWSWIRE) -- Evotec AG (Frankfurt:EVT) (TecDAX) today announced that its research alliance with Boehringer Ingelheim has reached a milestone, triggering a payment of EUR 2.5 million to Evotec. The milestone reached was the selection of a candidate compound for pre-development studies in an inflammation and immunology programme.

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