Evotec moves business back to UK


German drug discovery company Evotec will close its operations in Thane, India, and move them back to its Abingdon, UK, facility. The move will cost up to €4 million (£3.4 million), and the company’s 120 employees in India will lose their jobs. The firm said it is responding to its European customers’ increasing requirements to operate nearby.

Mario Polywka, Evotec’s chief operating officer, said that the company was due to move its Indian chemistry operations in June 2014. However, ' because of growing customer requirements for European-based activities, we came to the conclusion to exit our operations in India completely’.

Evotec moved into India in 2007, aiming to supply low-cost compound libraries to the pharmaceutical industry. But Polywka was adamant that moving projects back to the UK is a positive step for the company. ‘Through this realignment we will be able to most efficiently serve our customers, utilise our UK chemistry resources… and also realise cost savings.’


Related Content

Business roundup

29 September 2011 Business

news image

Industry news, October 2011

All part of the service

12 July 2016 Business

news image

Simon Hirst, founder of contract research organisation Sygnature, is the 2016 Chemistry World entrepreneur of the year

Most Commented

New antibiotic picked from nose bacteria

27 July 2016 Research

news image

Discovery suggests human microbiome may be an untapped source of antimicrobial compounds

Perovskite boosts silicon solar cell efficiency

25 November 2015 News and Analysis

news image

Silicon industry will be ‘beating a path to the door’ of inventors, says scientist