Evotec, Eternygen to develop novel metabolic disease therapy

Monday, January 9, 2017

Evotec will extend its existing relationship with Eternygen by becoming an investor in addition to being a preclinical drug discovery partner. Within a consortium of investors including VC Fonds Technologie Berlin, managed by IBB Beteiligungsgesellschaft mbH, and two renowned family offices, Epidarex and Evotec together will participate in Eternygen’s latest funding round of EUR 8 million (approx. $8.3 million).

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