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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bayer AG | TG:BAYN | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.38 | 1.29% | 29.885 | 29.87 | 29.88 | 30.255 | 28.935 | 29.80 | 282,607 | 10:28:29 |
From May 2021 to May 2024
By Chris Wack
Evotec SE on Friday said Bayer AG is discontinuing the development of the investigational P2X3 receptor antagonist eliapixant, which stems from a former joint company multitarget research alliance.
Evotec said that following a review of the available data, Bayer concluded the overall benefit no longer outweighs the risk in the actively pursued indications.
Evotec said it regains the rights to all P2X3 assets. The company said it will evaluate the underlying data once available and consider all options.
Evotec shares fell 10% to $18.50 in premarket trading.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 04, 2022 08:22 ET (13:22 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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