Evotec Receives $5M Milestone Payment From Bristol Myers Squibb Following FDA IND Acceptance Under Strategic Protein Degradation Partnership

Bristol-Myers Squibb Company -1.47%
Evotec SE -2.80%

Bristol-Myers Squibb Company

BMY

59.10

-1.47%

Evotec SE

EVO

2.43

-2.80%

  • Milestone payment reflects continued progress under strategic research collaboration addressing high-need patient populations
  • FDA clearance of IND application triggered a US$ 5 m milestone payment to Evotec
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