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Evotec AG has acquired Galapagos NV’s Compound Focus, Inc., the compound management business of the Galapagos company BioFocus, for $14.7 million in cash, with an additional $3.2 million in potential milestones.
June 1, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
Evotec AG has acquired Galapagos NV’s Compound Focus, Inc., the compound management business of the Galapagos company BioFocus, for $14.7 million in cash, with an additional $3.2 million in potential milestones. Compound Focus, Inc. is based in South San Francisco and is a leader in small molecule compound management services. The company’s technologies are focused on automated storage and custom design solutions for small molecule drugs. This acquisition augments Evotec’s early drug discover...
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