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Evotec acquires Oxford Asymmetry
20 Feb 2002
Executive Summary
Evotec BioSystems (develops drugs for unmet medical needs) has acquired Oxford Asymmetry International (UK discovery services company). Shareholders will receive 0.1287 of a new Evotec share for each OAI share, valuing the stock swap at $475mm (UK316mm). OAI shareholders will own about 31% of the new company.
Deal Industry
- Biotechnology
- Pharmaceuticals
- Research, Analytical Equipment & Supplies
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Intra-Biotech Deal
- Payment Includes Stock
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