EVT Execute represents Evotec's core discovery and development alliance businesses built on a systematic, unbiased and comprehensive innovation infrastructure. In this segment, the Company serves its partners intellectual property with its innovative drug discovery and development integrated tools and expertise. Evotec has evolved into one of the global leaders in providing complete drug discovery and development solutions on a stand-alone basis or through holistic, fully integrated solutions. In EVT Execute, these services are provided on a typical fee-for-service basis or through a variety of commercial structures including research fees, milestones and/or royalties. Evotec never takes development risks within such alliances.