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Evotec AG (EVTG.DE)

EVTG.DE on Xetra

24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Evotec says will issue 13.1 million new shares to Novo A/S
Thursday, 9 Feb 2017 03:34pm EST 

Evotec Ag : Novo A/S becomes new long-term strategic shareholder in Evotec . It resolved on a capital increase from its authorised capital against cash . Evotec will issue 13.1 million new shares to Novo A/S .Novo A/S will invest eur 90.3 m to subscribe shares of evotec at a share price of eur 6.87 per share.  Full Article

Evotec confirms its liquidity guidance after Cyprotex acquisition
Thursday, 15 Dec 2016 01:30am EST 

Evotec AG : Says completes acquisition of Cyprotex Plc . Confirms its liquidity guidance for 2016 .It is expected that Cyprotex business will add around 18-20 mln euros in revenues in 2017 and will be accretive to evotec's 2017 EBITDA.  Full Article

Evotec, Forge form strategic "superbug" alliance
Friday, 9 Dec 2016 01:33am EST 

Evotec AG :Says Evotec and Forge Therapeutics form strategic 'superbug' alliance.  Full Article

Evotec plans to acquire Cyprotex for 62 mln eur
Wednesday, 26 Oct 2016 03:00am EDT 

Evotec Ag : Evotec AG announces its intent to acquire Cyprotex plc . Offer is intended to be implemented by a scheme of arrangement regulated by uk takeover code, with already >50% shares secured irrevocable . Offer of 1.60 £ per Cyprotex share reflects a 9.4% premium to vwap of past 30 trading days at AIM .Says Evotec will pay approximately £ 55.36 m (eur 62.00 m; £/eur exchange rate of 1.12) in cash for acquisition of all 26.1 million issued and to be issued cyprotex shares and funding of all existing company debt.  Full Article

Evotec, Carrick Therapeutics agree strategic alliance
Tuesday, 4 Oct 2016 01:29am EDT 

Evotec AG : Evotec and Carrick Therapeutics build strategic alliance . Evotec contributes $6 million to Carrick's $95 million funding round through a top-class global investor consortium .Evotec's financial guidance for 2016, also with regard to liquidity, remains unchanged.  Full Article

Evotec, Bayer to develop new treatments to fight kidney diseases
Wednesday, 21 Sep 2016 01:29am EDT 

Evotec AG : Says goal is development of multiple clinical candidates for treatment of kidney diseases such as chronic kidney disease in diabetes patients . Says partners will share responsibilities during pre-clinical development of potential clinical candidates . Says will receive a minimum of eur 14 m over contract period including research payments and an undisclosed licence fee . Says is eligible to receive pre-clinical, clinical and sales milestones of potentially over eur 300 m as well as tiered royalties of up to low double-digit percentage of net sales .Says evotec and bayer partner to develop new treatments to fight kidney diseases.  Full Article

Evotec reports 37 pct rise in revenues in H1
Wednesday, 10 Aug 2016 01:30am EDT 

Evotec AG : Profitability guidance raised and positive outlook confirmed . Consolidated group revenues grew by 37% to eur 75.5 m .H1 revenue at EVT Execute segment rose 35 percent to 79.8 million eur.  Full Article

Evotec achieves milestone in alliance with Bayer
Thursday, 4 Aug 2016 01:57am EDT 

Evotec Ag : news: evotec achieves clinical development milestone as part of its multi-target alliance with bayer in endometriosis . Says has reached a milestone from bayer for progression of a programme from alliance portfolio into phase i clinical development for treatment of endometriosis, triggering a milestone payment to evotec .Says milestone was achieved under strategic alliance between evotec and bayer entered in october 2012.  Full Article

Evotec increases its profitability guidance for 2016
Tuesday, 19 Jul 2016 03:54am EDT 

: Evotec ag increases its profitability guidance for 2016 . Evotec says now expects adjusted group ebitda (before changes in considerations) to more than double .Evotec says all other elements of the company's financial guidance as of 10 may 2016 are confirmed.  Full Article

Evotec to begin drug discovery collaboration with Research UK
Monday, 11 Jul 2016 01:34am EDT 

Evotec Ag : Evotec awarded contract from antibiotic Research UK to begin integrated drug discovery collaboration . Says research will focus on discovery of antibiotic resistance breakers, or "ARBS", to be used in conjunction with known antibiotics with aim of reversing resistance and restoring clinical utility of such antibiotics .Says no financial details about collaboration were disclosed.  Full Article

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BRIEF-Novo A/S has no plans to buy more Evotec shares

* Novo A/S does not intend to obtain further voting rights by acquisition or any other way