Breaking News, Collaborations & Alliances

Evotec and BMS Expand IPSC Collaboration

Adding cell types supports discovery of disease-modifying therapies for neurodegenerative diseases.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Evotec SE and Bristol-Myers Squibb (BMS) are expanding an existing iPSC (induced pluripotent stem cells) collaboration. Evotec has received a $6 million payment from BMS following the decision to expand the collaboration to include additional cell lines.   Evotec and Celgene, which is now a BMS company, initiated the collaboration in December 2016 to identify disease-modifying treatments for a broad range of neurodegenerative diseases. Currently approved drugs only offer short-term management of...

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