BMS extends research deal

Wednesday 18 May 2022
Country

Germany

Bristol Myers Squibb Co has extended its drug discovery partnership with Evotec SE in protein degradation – less than a year after the two companies decided to work together longer on a separate project in neurodegeneration. The latest agreement, announced on 10 May, will see BMS and Evotec collaborate for an additional eight years to develop a pipeline of molecular glue degraders. These are small, drug-like compounds that can promote the degradation of disease-causing proteins.