Evotec AG said partnering discussions are ongoing for its lead product, EVT 201, for the treatment of insomnia. Although market conditions are challenging, there is evidence of continued interest in this indication, said Jörn Aldag, the company’s president and chief executive officer, in a report on the 2008 first half. This interest is illustrated by GlaxoSmithKline’s decision in July to pay £66 million up-front to Actelion AG of Switzerland to co-develop an insomnia treatment.
