Werner Baumann, Bayer CEO (Sascha Steinbach/picture-alliance/dpa/AP Images)

Bay­er bails on chron­ic cough drug from Evotec, putting the ki­bosh on lead med in mul­ti-tar­get col­lab­o­ra­tion

Bay­er and dis­cov­ery out­fit Evotec have long been bo­som bud­dies, cy­cling through part­ner­ships for the bet­ter part of a decade. But now, Bay­er is dump­ing rights to a cough drug out of that col­lab­o­ra­tion, cit­ing dwin­dling re­turns on a com­pet­i­tive mar­ket.

Bay­er has dis­con­tin­ued de­vel­op­ment of eli­apix­ant and will hand back full rights to the drug to Evotec af­ter the Ger­man drug gi­ant “con­clud­ed that the over­all ben­e­fit no longer out­weighs the risk in the ac­tive­ly pur­sued in­di­ca­tions,” ac­cord­ing to a re­lease.

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