German biotech Evotec AG has agreed to provide pharmaceutical discovery and chemical development services to Procter & Gamble Pharmaceuticals.
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Under the terms of the agreements, P&GP will access a wide range of discovery and preclinical expertise offered by Evotec, ranging from assay development, screening, medicinal and computational chemistry to scale-up and pharmaceutical manufacture.
A relationship between Evotec and P&GP started at the end of 2004 with a pilot screening programme for a challenging P&GP therapeutic target.
Dr Joseph Gardner, director of chemistry and discovery technologies at Procter & Gamble Pharmaceuticals commented, “Adding flexible and highly competent R&D capacity is an important element in our corporate strategy. Evotec’s capabilities and track record in each of the research disciplines, their state-of-the-art proprietary technologies and the scale of their operations make us believe that Evotec is an ideal provider of services for us in pharmaceutical research”