Business roundup
29 September 2011 Business
Industry news, October 2011
Bayer Healthcare and Evotec have agreed to collaborate in their search for drugs for endometriosis, a disease in which cells of the type that normally line the uterus wall grow outside of the womb. The condition is painful and often associated with infertility, affecting an estimated 176 million women worldwide - 10% of women of reproductive age.
Evotec will receive €12 million (£9.6 million) upfront, with potential for €580 million more as milestones are met, plus a share of net sales of any successful drugs. The companies will work together to develop compounds to bring to the collaboration, but Bayer will take responsibility for the clinical trials and commercialisation.
12 June 2013 Research
Simple method for identifying incorrect structures of organic molecules due to NMR misassignments
13 June 2013 Research
Microbe that anaerobically degrades plant biomass could help bring down the cost of biofuels
31 August 2012 Research
Microgel jab might one day eliminate the need for spinal surgery
17 June 2013 News and Analysis
Thinktank says hundreds of millions of pounds of tax breaks are going to city business firms and would be better spent elsewh...