News
20 Apr 2011
Evotec Completes Acquisition of Kinaxo
With the acquisition of Kinaxo, Evotec is expanding its drug discovery platform with cutting-edge technologies.
Evotec AG announced yesterday that it completed the acquisition of Kinaxo Biotechnologies GmbH, a privately held drug discovery alliance company supporting the development of targeted drugs.
As a result of the transaction, Kinaxo has become a wholly-owned subsidiary of Evotec. It is intended to grow and fully integrate the Kinaxo site in Munich, as Evotec Munich.
With the acquisition of Kinaxo, Evotec is expanding its drug discovery platform with cutting-edge technologies. Furthermore, Evotec adds proprietary technologies for drug response prediction as well as drug efficacy and safety assessment, especiall
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