Evotec AG (EVTCY.PK, EVOTF.PK) reported that Evotec and Dow AgroSciences, a subsidiary of The Dow Chemical Company (DOW: Quote), have entered into a research collaboration, under which, Evotec will perform quantitative chemical proteomics services, or Cellular Target
Profiling, to de-convolute phenotypic screening results obtained by Dow. Financial details were not disclosed.
Mario Polywka, Chief Operating Officer of Evotec, said: "This collaboration highlights the broad applicability of Evotec's industry leading chemical proteomics platform to determine cellular target affinities and mechanisms of action on a proteome wide level and in a native context."
by RTT Staff Writer
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