Evotec AG (Frankfurt Stock Exchange: EVT, TecDAX, ISIN: DE0005664809) today announced that CHDI Foundation, Inc. (“CHDI”) has extended and restated its collaboration with Evotec through 2017. The collaboration-which aims to find new treatments for Huntington’s disease, an inherited neurodegenerative disorder-means that CHDI will fund up to 52 full-time scientists at Evotec over the next three years.
The collaboration initially began in 2006 and has expanded considerably over this period to fully leverage Evotec’s integrated neuroscience platform. The restated extension of this collaboration is a further validation of Evotec’s broad drug discovery expertise in the field of neuroscience and includes an expansion to utilise Evotec’s high-throughput screening and proteomics platforms. Evotec provides a full range of research activities and expertise in the neuroscience area to CHDI, including integrated biology and chemistry supported by compound and library management, target validation, stem cell research, high-content screening, computational chemistry, in vitro pharmacokinetics and protein production.
Dr Mario Polywka, Chief Operating Officer of Evotec, commented: “We are delighted to continue our collaboration with CHDI and the restated extension clearly illustrates that CHDI values our scientific work and dedication of the team. We look forward to continuing working closely with our colleagues at CHDI to rapidly discover novel drugs against Huntington’s disease targets.”
Dr Robert Pacifici, Chief Scientific Officer at CHDI, added: “Evotec represents one of our largest and longest standing relationships and continues to be an important strategic partner in our search for effective treatments for Huntington’s disease. Their integrated drug discovery capabilities are helping us to discover novel targets and to advance drug candidates towards the clinic and we look forward to continuing to work with Evotec over the coming years.”