- License to accelerate research, enable testing and development of new drugs
Darmstadt, Germany, 12 November 2019:
Merck, a leading science and technology company, today announced that it has signed a license agreement providing Evotec SE access to Merck’s foundational CRISPR intellectual property. Evotec, an international biotechnology company headquartered in Hamburg, Germany, will use Merck’s CRISPR genome-editing technology to create edited cell lines for Evotec’s commercial and internal research purposes.
“This CRISPR license is the impetus for important drug testing and discovery that promises to accelerate research and lead to the development of new therapies,” said Udit Batra, member of the Merck Executive Board and CEO, Life Science. “Merck has been at the forefront of innovation in gene editing for 15 years and continues to work with industry and academia to solve complex problems using our patented CRISPR technology, both ethically and responsibly.”
Evotec plans to use Merck’s CRISPR intellectual property portfolio to develop precisely engineered assays to determine the biology and toxicity for potential drug candidates during the drug development cycle.
“Evotec is excited to continue its strong partnership with Merck through licensing their groundbreaking CRISPR technology,” said Craig Johnstone, Chief Operating Officer of Evotec. “Our vision and passion for innovation includes using CRISPR technology to test and improve the efficacy of the new drugs we develop to bring relief to patients suffering from underserved conditions worldwide.”
This new license reinforces past collaborations between Merck and Evotec. In November 2016, the companies entered into a set of agreements whereby Evotec would provide screening services using Merck’s collection of genetic reagents including CRISPR and shRNA libraries. Combining access to Merck’s genome editing libraries with Evotec’s screening expertise offers a faster path to explore and identify new drug targets.
Please follow this link, for Merck's full press release.
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 press release. 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.