European Centre for Modern Drug Discovery Established in Hamburg

European Centre for Modern Drug Discovery Established in Hamburg

HAMBURG, Germany, September 03, 2007 /PRNewswire-FirstCall/ — Hamburg is on its way to becoming a leading hub of Europe’s academic drug discovery, with the northern German city’s town hall today announcing the foundation of European ScreeningPort GmbH, a company that will run a state-of-the-art drug discovery service centre. European ScreeningPort is being established with the support of the German Federal Ministry of Education and Research, the Free and Hanseatic City of Hamburg, Evotec AG and Norgenta, the north German life science agency. Although still in an early phase, the project has already raised more than EUR 7 million in financing.

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