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

HAMBURG, Germany, May 9, 2011 (GLOBE NEWSWIRE) -- Evotec AG (Frankfurt:EVT) (TecDAX) today announced that its research alliance with Boehringer Ingelheim has achieved a twelfth milestone triggering a payment of EUR 2.0 million to Evotec. The milestone reached was on the transition of an oncology programme into lead optimisation.

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