Evonik has signed an agreement to acquire the Lactel business of biodegradable polymers from Durect Corporation $15 million. The transaction is expected to close by the first quarter of 2021. An offer will be extended to each of the 15 employees of Durect located in Birmingham, AL, which are associated with the Lactel business to transition to the Evonik.   “The acquisition of the Lactel business will strengthen both our innovation growth field Healthcare Solutions and Evonik’s position as a glo...