DGAP-News: Evotec AG announces multi-year agreement with The United States Environmental Protection Agency (EPA)
(firmenpresse) - DGAP-News: Evotec AG / Key word(s): Alliance
Evotec AG announces multi-year agreement with The United States
Environmental Protection Agency (EPA)
03.05.2012 / 07:27
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Hamburg, Germany - 03 May 2012: Evotec AG (Frankfurt Stock Exchange: EVT,
TecDAX) today announced that Evotec has entered into a multi-year compound
management agreement with the United States EPA. The contract covers a
period of five years and has a total value of up to EUR7.7 million (approx.
USD 10 million).
Under the agreement Evotec, through its San Francisco operations, will
provide chemical procurement, analysis, sample preparation, and management
services in support of the EPA's National Computational Center for
Toxicology (NCCT). Services provided will support bioactivity profiling of
the EPA's ToxCast(TM) (Prioritization of Environmentally Relevant
Chemicals) Compound Library.
Dr Mario Polywka, Chief Operating Officer of Evotec, commented: 'We are
very pleased that the United States EPA has again chosen Evotec to manage
its compound collection in support of the National Computational Center for
Toxicology (NCCT). This follows from our initial contract with the EPA
signed in 2007. Providing key, efficient scientific infrastructures such
as Compound Management is a key element of Evotec Execute and we look
forward to supporting the EPA's ongoing effort to predict potential
toxicity of environmental chemicals. This contract provides further
long-term revenue and profitability for Evotec's important compound
management services in San Francisco which was acquired from BioFocus in
2011.'
Contact Evotec AG:
Dr Werner Lanthaler, Chief Executive Officer, Phone: +49.(0)40.56081-242,
werner.lanthaler(at)evotec.com
FORWARD LOOKING STATEMENTS - Information set forth in this press
release contains forward-looking statements, which involve a number of
risks
and uncertainties. The forward-looking statements contained herein
represent
the judgement of Evotec as of the date of this report. Such forward-looking
statements are neither promises nor guarantees, but are subject to a
variety of
risks and uncertainties, many of which are beyond our control, and which
could
cause actual results to differ materially from those contemplated in these
forward-looking statements. We expressly disclaim any obligation or
undertaking to release publicly any updates or revisions to any such
statements to reflect any change in our expectations or any change in
events, conditions or circumstances on which any such statement is based.
End of Corporate News
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03.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Evotec AG
Manfred Eigen Campus / Essener Bogen 7
22419 Hamburg
GermanyPhone: +49 (0)40 560 81-0
Fax: +49 (0)40 560 81-222
E-mail: info(at)evotec.com
Internet: www.evotec.com
ISIN: DE0005664809
WKN: 566480
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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167824 03.05.2012
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