Evotec Receives Milestone Payment for Beginning Phase II NASH Clinical Trial

Evotec Receives Milestone Payment for Beginning Phase II NASH Clinical Trial

Source: 
CP Wire
snippet: 

Evotec AG (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809) announced today that it has earned a $ 2 m milestone payment from Second Genome, Inc., a leading microbiome science-based discovery & development company, for the initiation of a Phase II clinical study of SGM-1019, a first-in-class oral therapeutic for the treatment of nonalcoholic steatohepatitis (NASH).