Evotec, Asahi Kasei Enter Drug Discovery Collaboration

Evotec AG has entered into a drug discovery collaboration with Asahi Kasei Pharma Corp. for an ion channel target. Financial details were not disclosed.

Evotec will apply its integrated drug discovery platform including medicinal chemistry, computational chemistry and in vitro pharmacology to optimize hit compounds identified and selected from the Evotec compound library through a recent successful high-throughput screening campaign executed at Evotec.

Dr. Mario Polywka, chief operating officer of Evotec, said, "We are delighted to expand our collaboration with Asahi Kasei Pharma into a fully integrated drug discovery project. Evotec operates one of the most comprehensive ion channel platforms in the industry and this collaboration represents further validation of the strength of this platform and the library screened. We look forward to working closely with our colleagues at Asahi Kasei Pharma."