Halozyme says €2 billion takeover of Evotech would create leader in drug discovery
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Halozyme has announced a €2 billion takeover of Evotech, aiming to create a leader in drug discovery. The combined company is projected to generate $2 billion in revenue by 2025.
November 18, 2024 | 1:00 pm
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Halozyme's €2 billion acquisition of Evotech is expected to create a leader in drug discovery, with projected revenues of $2 billion by 2025.
The acquisition of Evotech by Halozyme is a significant strategic move, expected to enhance Halozyme's position in the drug discovery market. The projected revenue of $2 billion by 2025 indicates strong growth potential, likely positively impacting Halozyme's stock price in the short term.
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