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news.Evotec has extended its collaboration with CHDI Foundation (CHDI) to the end of 2012. The collaboration will provide Evotec with up to $37.5m in research funding over the next three years. Evotec has been providing research and innovation support to CHDI since 2006.
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Additionally, Evotec is expected to provide a full range of neurological research activities and expertise to CHDI, including integrated biology and chemistry supported by compound and library management, target validation, screening, computational chemistry, in-vitro and in-vivo PK and protein crystallography.
Robert Pacifici, chief scientific officer of CHDI, said: “Evotec 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 advance numerous drug candidates towards the clinic and we look forward to continuing to work with Evotec over the coming years.”
Werner Lanthaler, CEO of Evotec, said: “We are delighted that CHDI has chosen to further extend our strategic alliance. We view this as an important step in our work with CHDI to develop novel therapies for huntington’s disease and meet this urgent medical need. At the same time it will allow Evotec to gain further experience in defining the underlying mechanisms of other neurodegenerative diseases.”