We recently compiled a list of the 10 Best German Stocks To Buy Now. In this article, we are going to take a look at where Evotec SE (NASDAQ:EVO) stands against the other German stocks. In Germany, ...
Halozyme Therapeutics said on Thursday it has proposed to buy German drug developer Evotec for about 2 billion euros ($2.10 billion), to bulk up its drug discovery and development portfolio.
Following the announcement, US-listed shares of Evotec rose by nearly 7%, while Halozyme's shares declined by 4.5% in premarket trading Friday. Evotec’s shares in Frankfurt jumped more than 20%.