GEN Exclusives

More »

GEN News Highlights

More »
Apr 27, 2010

Evotec Wins €1.5M in German Federal Funding to Take H3 Receptor Blocker into Clinic

  • Evotec confirmed a potentially €1.5 million (about $1.99 million) grant from the German Federal Ministry of Education and Research (BMBF) to fund its H3 receptor antagonist through Phase I trials. The company says that its optimized antagonists to the H3 receptor could have the potential to treat a range of CNS indications including excess fatigue associated with multiple sclerosis.

    The funding was awarded as a result of Evotec’s involvement in the Neu2 consortium, a German government-funded industry-academia collaboration within the BioPharma initiative, which aims to develop new therapeutics against MS and other neurodegenerative diseases.

    “We are happy that the Neu2 consortium has chosen to support our H3 receptor antagonist program for further development within the BioPharma initiative,” states Werner Lanthaler, Ph.D., Evotec CEO.  “By driving these novel drug candidates from identification through to the first clinical steps, we can optimally capture the commercial value of this program.”


Add a comment

  • You must be signed in to perform this action.
    Click here to Login or Register for free.
    You will be taken back to your selected item after Login/Registration.

Related content

Jobs

GEN Jobs powered by HireLifeScience.com connects you directly to employers in pharma, biotech, and the life sciences. View 40 to 50 fresh job postings daily or search for employment opportunities including those in R&D, clinical research, QA/QC, biomanufacturing, and regulatory affairs.
 Searching...
More »

GEN Poll

More » Poll Results »

Alzheimer's Therapies

Do you think an effective treatment for Alzheimer’s will be found within the next 10–15 years?