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Evotec signs agreement with Hypha Discovery to enhance lead identification
May 2010
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HAMBURG, GermanyŚEvotec AG announced in late March an agreement with Hypha Discovery Ltd. that gives Evotec's screening clients access to Hypha's MycoDiverse natural product collection for use as part of its hit and lead identification services. According to Evotec, the combination of MycoDiverse, which is unexploited in most therapeutic areas and contains samples of high chemical novelty, and the company's own expertise and technologies will create a comprehensive platform for lead generation via natural product screening. Financial terms of the agreement were not disclosed.

"We see access to Hypha's high-quality natural product collection as a logical step towards offering our customers further choices for lead identification," says Dr. Mark Ashton, executive vice president of business development of Evotec. "We feel that our ability to offer the screening of natural products is complementary to also providing access to our high-quality, small-molecule library."

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