financetom
Business
financetom
/
Business
/
Evotec, Novo Nordisk Drug Discovery Accelerator Selects First Three Projects for Cardiometabolic Conditions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Evotec, Novo Nordisk Drug Discovery Accelerator Selects First Three Projects for Cardiometabolic Conditions
Dec 11, 2024 4:11 AM

06:54 AM EST, 12/11/2024 (MT Newswires) -- Evotec (EVO) said Wednesday that LAB eN2, its translational drug discovery accelerator with Novo Nordisk ( NVO ) , has chosen its first three projects with Boston University, Harvard University, and the Joslin Diabetes Center.

Financial terms of the projects weren't disclosed.

The projects will focus on research for different cardiometabolic conditions and will be initially financed with a Discovery Award to attain select pre-clinical value-inflection points, the company added.

Evotec said LAB eN2 also intends to include Boston Children's Hospital, Boston University, Johns Hopkins University, and the Icahn School of Medicine at Mount Sinai.

The companies partnered in September last year to roll out LAB eN2, which focuses on therapeutics for cardiometabolic diseases and rare blood and endocrine disorders.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GlobalFoundries' Q3 Adjusted Earnings, Net Revenue Fall; Q4 Guidance Set
GlobalFoundries' Q3 Adjusted Earnings, Net Revenue Fall; Q4 Guidance Set
Nov 5, 2024
07:33 AM EST, 11/05/2024 (MT Newswires) -- GlobalFoundries ( GFS ) reported Q3 adjusted earnings Tuesday of $0.41 per diluted share, down from $0.55 a year earlier. Analysts polled by Capital IQ expected $0.33. Net revenue for the quarter ended Sept. 30 was $1.74 billion, down from $1.85 billion a year earlier. Analysts surveyed by Capital IQ expected $1.72 billion....
Lilium Retains KPMG to Oversee M&A Process, Prepares for Delisting
Lilium Retains KPMG to Oversee M&A Process, Prepares for Delisting
Nov 5, 2024
07:41 AM EST, 11/05/2024 (MT Newswires) -- Lilium N.V ( LILM ) said Tuesday that it has retained KPMG to conduct a merger-and-acquisition process, with investor briefings to begin shortly. The company has also been notified by NASDAQ that trading of the company's securities will be suspended on Wednesday, after which trading may commerce over the counter. The steps follow...
--Netflix Offices in Paris, Amsterdam Searched by Tax Fraud Investigators, Reuters Reports
--Netflix Offices in Paris, Amsterdam Searched by Tax Fraud Investigators, Reuters Reports
Nov 5, 2024
07:42 AM EST, 11/05/2024 (MT Newswires) -- Price: 755.10, Change: -0.41, Percent Change: -0.05 ...
Report: PGA Tour-LIV merger rumors premature
Report: PGA Tour-LIV merger rumors premature
Nov 5, 2024
In an unsurprising turn of events, the British tabloid report of a finalized merger between the PGA Tour and LIV Golf may have been premature. The Sun reported Saturday that the long-awaited merger between the rival golf circuits was complete and, per the headline, Golf's civil war OVER. But on Tuesday, Front Office Sports cited industry sources in reporting that...
Copyright 2023-2025 - www.financetom.com All Rights Reserved