Nov 14 (Reuters) - German drugmaker Evotec is
attracting takeover interest from U.S.-based Halozyme
Therapeutics ( HALO ), Bloomberg News reported on Thursday.
Halozyme has recently expressed interest in acquiring Evotec
at about 11 euros per share, the report added, citing people
familiar with the matter.
Earlier this week private equity firm Triton was also
reportedly exploring a potential buyout of Evotec, after it
confirmed a close to 10% stake in the company.
Evotec's other major shareholders are Novo Nordisk
parent Novo Holdings and Mubadala Investment.
Evotec's shares have fallen about 60% this year as revenues
continue to slump due to weakness in the clinical research
organization business market environment.
The company collaborates with biotech companies through
research alliances and development partnerships to help with
drug development.