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Evotec (NASDAQ: EVO) eyes $100M Tubulis payout and new board chairman

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Evotec SE reported two key developments. The company expects to receive approximately $100 million in upfront consideration, plus up to about $58 million in contingent consideration, from the sale of its 3.14% equity stake in Tubulis GmbH as part of Tubulis’ acquisition by Gilead Sciences, with closing expected in the second quarter of 2026.

Evotec also announced that its Supervisory Board has proposed Dieter Weinand as Chairman of the Supervisory Board, to be elected at the Annual General Meeting on June 11, 2026, succeeding Prof. Dr. Iris Löw-Friedrich as part of a planned succession process.

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Insights

Evotec pairs governance succession with a sizable non-core equity monetization.

Evotec expects about $100 million upfront and up to roughly $58 million in contingent consideration from its 3.14% stake in Tubulis, linked to Gilead’s acquisition. This reflects ongoing execution of its portfolio monetization strategy via Evotec Ventures.

The cash inflow, once the transaction closes in Q2 2026 subject to customary conditions, should strengthen financial flexibility without adding operational complexity, since Tubulis is an external investment. In parallel, the proposed appointment of industry veteran Dieter Weinand as Supervisory Board Chairman signals a focus on commercial execution and governance continuity as he succeeds Prof. Dr. Iris Löw-Friedrich.

Upfront consideration from Tubulis sale $100 million Expected upfront consideration upon closing of Tubulis sale to Gilead
Contingent consideration potential $58 million Additional contingent consideration tied to specified milestones
Equity stake in Tubulis 3.14% Evotec Ventures equity participation in Tubulis GmbH
Tubulis Series B round size €60 million Series B financing round in May 2022
Tubulis Series B2 round size €128 million Series B2 financing round closed March 2024
AGM date for chairman election June 11, 2026 Annual General Meeting to elect Supervisory Board Chairman
Expected closing timing Q2 2026 Expected closing of Tubulis sale to Gilead, subject to conditions
Tubulis clinical programs 2 programs Tubulis programs in clinical trials for high-need solid tumors
Supervisory Board financial
"the Supervisory Board of Evotec SE has proposed the election of Dieter Weinand"
A supervisory board is an independent oversight body that watches over a company’s executive managers, reviews strategy, approves major decisions, and hires or removes top executives. It acts like an impartial group of guardians or referees who make sure managers are running the business responsibly and within agreed rules. Investors care because strong oversight can reduce risks, improve accountability, and protect long‑term shareholder value.
contingent consideration financial
"Evotec is eligible to receive up to approximately $58 million in additional contingent consideration"
Contingent consideration is an additional payment agreed when one company buys another that will be paid later only if specific future targets are met, such as revenue, profit, or regulatory milestones. It matters to investors because it shifts risk between buyer and seller and affects the acquiring company's future cash flow and reported value — like promising a bonus after results are proven.
Series B financing financial
"The company was an investor in Tubulis’ €60 million Series B financing round in May 2022"
Series B financing is a later-stage investment round where outside investors provide significant capital in exchange for an ownership stake to help a private company scale operations, add staff, expand into new markets, or accelerate product development. For investors, a Series B is a sign the business has passed early proof points but needs more funding to grow; it affects the company’s valuation and existing owners’ stakes much like a growing shop taking a larger loan to open multiple new locations.
antibody drug conjugate medical
"Evotec participated in 2022 Series B financing round of antibody drug conjugate developer"
An antibody drug conjugate is a targeted medical treatment that combines a special antibody with a powerful drug, allowing precise delivery of the medicine directly to cancer cells or other harmful cells in the body. For investors, it represents a sophisticated approach to therapy that could improve treatment effectiveness and reduce side effects, potentially leading to significant growth opportunities in the biotech and pharmaceutical sectors.
portfolio monetization strategy financial
"The transaction represents the fourth successful monetization of assets from Evotec’s investment portfolio"

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April, 2026

  

COMMISSION FILE NUMBER 001-34041

 

Evotec SE
(Translation of registrant’s name into English)

 

Essener Bogen 7

22419 Hamburg

Germany

Tel: +49 40 560810
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F x Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

 

 

 

 

 

On April 7, 2026, Evotec SE (the “Company”) submitted two press releases announcing the nomination of Dieter Weinand as Supervisory Board Chairman attached hereto as Exhibit 99.1 and the expected receipt of approx. $ 100 million as part of Tubulis acquisition attached hereto as Exhibit 99.2.

 

EXHIBIT INDEX

 

ExhibitDescription of Exhibit
99.1Evotec Nominates Dieter Weinand as Supervisory Board Chairman
99.2Evotec to Receive Approx. $100 Million as Part of Tubulis Acquisition

 

 

 

 

SIGNATURE

 

Pursuant to the requirements, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Evotec SE
     
  By: /s/ Christian Wojczewski
    Name: Christian Wojczewski
    Title: Chief Executive Officer

 

Date: April 7, 2026

 

 

 

 

Exhibit 99.1 

 

 

 

 

Evotec Nominates Dieter Weinand as Supervisory Board Chairman

 

·Strengthens Supervisory Board leadership to support Evotec’s transformation, with a focus on commercial execution, strategic partnerships and profitability

 

·Industry veteran brings more than 30 years of global pharmaceutical industry leadership experience across senior management, commercial, operational and strategic roles

 

Hamburg, Germany, April 7, 2026 – Evotec SE (NASDAQ: EVO; Frankfurt Prime Standard: EVT) today announced that the Supervisory Board of Evotec SE has proposed the election of Dieter Weinand, M.S. as Chairman of the Supervisory Board at the June 11, 2026, Annual General Meeting. The nomination reflects Evotec’s continued commitment to strengthening commercial execution, strategic partnerships and long-term value creation.

 

Dieter Weinand is proposed to succeed Prof. Dr. Iris Löw-Friedrich, whose term as Chairwoman of the Supervisory Board will conclude at the end of the 2026 Annual General Meeting, in line with the company’s planned succession process.

 

Dr. Christian Wojczewski, Chief Executive Officer of Evotec, said:

 

“Dieter is an outstanding choice for Chairman as we continue to transform Evotec into a more efficient, focused and sustainably profitable company. He brings deep commercial expertise, a strong understanding of the evolving pharmaceutical landscape and extensive board and governance experience. His proven track record in leading pharmaceutical businesses, driving performance and building strategic partnerships will be instrumental as we enhance the value of our scientific platform and strengthen our collaborations with partners and customers.

 

On behalf of the Management Board, I would like to express our sincere gratitude to Prof. Dr. Iris Löw-Friedrich for her outstanding leadership and long-standing commitment as Chairwoman of the Supervisory Board, and for the important role she has played in shaping Evotec’s strategic development.”

 

Mr. Weinand currently serves on the boards of Replimune and Coya Therapeutics and as Chairman of the Board of a number of private biotech companies. He will reduce the number of his board seats in compliance with section C.5 of the German Corporate Governance Code to ensure that he can devote sufficient time and attention to his role as Chairperson of the Supervisory Board of Evotec.

 

Page 1 of 3

 

 

 

 

Mr. Weinand was previously a member of the Board of Management of Bayer AG and served as President, CEO and Chairman of the Board of Bayer Pharmaceuticals AG and has led business operations in the Asia-Pacific region, Europe, the Middle East, Africa, Latin America and the U.S. for companies, including Pfizer, Bristol Myers Squibb and Sanofi. Mr. Weinand has led the development, launch and commercialization of products in various therapeutic areas, including cardiovascular diseases, oncology, dermatology, immunology and respiratory and inflammatory diseases. He is a former board member of pharma industry associations, including PhRMA, EFPIA and IFPMA. He earned an M.S. in pharmacology and toxicology from Long Island University, New York, and a B.A. in biology from Concordia College, New York.

 

Mr. Weinand, Evotec’s nominated candidate for Chairman of the Supervisory Board, added:

 

“I am delighted to join Evotec at such an important stage of its development. Evotec plays an integral and growing role in the pharmaceutical R&D ecosystem. Its leading capabilities in preclinical drug discovery and development combined with advanced biologics design and manufacturing position the company as a powerful partner to the biopharma industry. I look forward to working closely with the Supervisory Board and management team to support the company’s strategic priorities, provide constructive oversight and help further strengthen its relationships with customers and partners.”

 

About Evotec SE

 

Evotec is a life science company that is pioneering the future of drug discovery and development. By integrating breakthrough science with AI-driven innovation and advanced technologies, we accelerate the journey from concept to cure — faster, smarter, and with greater precision. Our expertise spans small molecules, biologics, cell therapies and associated modalities, supported by proprietary platforms such as Molecular Patient Databases, PanOmics and iPSC-based disease modeling. With flexible partnering models tailored to our customers’ needs, we work with all Top 20 Pharma companies, over 800 biotechs, academic institutions, and healthcare stakeholders. Our offerings range from standalone services to fully integrated R&D programs and long-term strategic partnerships, combining scientific excellence with operational agility. Through Just – Evotec Biologics, we redefine biologics development and manufacturing to improve accessibility and affordability. With a strong portfolio of over 100 proprietary R&D assets, most of them being co-owned, we focus on key therapeutic areas including oncology, cardiovascular and metabolic diseases, neurology, and immunology. Evotec’s global team of more than 4,800 experts operates from sites in Europe and the U.S., offering complementary technologies and services as synergistic centers of excellence. Learn more at www.evotec.com and follow us on LinkedIn and X/Twitter @Evotec.

 

Page 2 of 3

 

 

 

 

Forward-looking statements

 

This announcement contains forward-looking statements concerning future events, including the proposed offering and listing of Evotec’s securities. Words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “should,” “target,” “would” and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding Evotec’s expectations for revenues, Group EBITDA and unpartnered R&D expenses. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Evotec at the time these statements were made. No assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Evotec. Evotec expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Evotec’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

 

Investor Relations and Media Contact

 

Dr. Sarah Fakih
EVP Head of Global Communications & Investor Relations
Sarah.Fakih@evotec.com

 

Page 3 of 3

 

 

Exhibit 99.2 

 

 

 

 

Evotec to Receive Approx. $100 Million as Part of Tubulis Acquisition

 

·Evotec participated in 2022 Series B financing round of antibody drug conjugate developer
  
·Transaction marks continued execution of Evotec’s portfolio monetization strategy

 

Hamburg, Germany, April 7, 2026 – Evotec SE (NASDAQ: EVO; Frankfurt Prime Standard: EVT) today announced that it is expected to receive approximately $100 million in upfront consideration upon closing of the sale of Tubulis GmbH to Gilead Sciences. Evotec is eligible to receive up to approximately $58 million in additional contingent consideration in line with its equity participation and subject to the achievement of specified milestones. Closing of the transaction is expected in the second quarter of 2026, subject to customary closing conditions. Further details of the transaction were announced today by Gilead Sciences and Tubulis.

 

Through its Evotec Ventures activities, Evotec holds a 3.14% equity stake in Tubulis. The company was an investor in Tubulis’ €60 million Series B financing round in May 2022, as well as a €128 million Series B2 round which closed in March 2024. Tubulis currently has two programs in clinical trials for high-need solid tumor indications.

 

The transaction represents the fourth successful monetization of assets from Evotec’s investment portfolio, reflecting the company’s disciplined approach to value realization.

 

Dr Christian Wojczewski, Chief Executive Officer of Evotec, said:

 

“This transaction marks an important milestone for Tubulis and its continued clinical progress. We are pleased to have supported the company in its development and wish the team continued success as it advances its clinical programs. Through our own work in antibody-drug conjugate discovery and development, we recognize the incredible potential that this modality possesses in delivering potentially superior cancer therapeutics.”

 

Page 1 of 2

 

 

 

 

About Evotec SE

 

Evotec is a life science company that is pioneering the future of drug discovery and development. By integrating breakthrough science with AI-driven innovation and advanced technologies, we accelerate the journey from concept to cure — faster, smarter, and with greater precision. Our expertise spans small molecules, biologics, cell therapies and associated modalities, supported by proprietary platforms such as Molecular Patient Databases, PanOmics and iPSC-based disease modeling. With flexible partnering models tailored to our customers’ needs, we work with all Top 20 Pharma companies, over 800 biotechs, academic institutions, and healthcare stakeholders. Our offerings range from standalone services to fully integrated R&D programs and long-term strategic partnerships, combining scientific excellence with operational agility. Through Just – Evotec Biologics, we redefine biologics development and manufacturing to improve accessibility and affordability. With a strong portfolio of over 100 proprietary R&D assets, most of them being co-owned, we focus on key therapeutic areas including oncology, cardiovascular and metabolic diseases, neurology, and immunology. Evotec’s global team of more than 4,800 experts operates from sites in Europe and the U.S., offering complementary technologies and services as synergistic centers of excellence. Learn more at www.evotec.com and follow us on LinkedIn and X/Twitter @Evotec.

 

Forward-looking statements

 

This announcement contains forward-looking statements concerning future events, including the proposed offering and listing of Evotec’s securities. Words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “should,” “target,” “would” and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding Evotec’s expectations for revenues, Group EBITDA and unpartnered R&D expenses. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Evotec at the time these statements were made. No assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Evotec. Evotec expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Evotec’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

 

Investor Relations and Media Contact

 

Dr. Sarah Fakih
EVP Head of Global Communications & Investor Relations
Sarah.Fakih@evotec.com

 

Page 2 of 2

FAQ

What cash inflows does Evotec (EVO) expect from the Tubulis acquisition?

Evotec expects approximately $100 million in upfront consideration from the sale of Tubulis GmbH to Gilead Sciences, plus up to about $58 million in additional contingent consideration tied to specified milestones, reflecting its equity participation through Evotec Ventures.

When is the Tubulis acquisition expected to close according to Evotec?

Evotec states that closing of the sale of Tubulis GmbH to Gilead Sciences is expected in the second quarter of 2026, subject to customary closing conditions. The anticipated upfront and contingent cash proceeds depend on that closing and milestone achievements.

Who has Evotec nominated as the new Supervisory Board Chairman?

Evotec’s Supervisory Board has proposed Dieter Weinand as Chairman of the Supervisory Board. His election is planned for the June 11, 2026 Annual General Meeting, where he would succeed Prof. Dr. Iris Löw-Friedrich under the company’s succession process.

How does the Tubulis deal fit Evotec’s portfolio monetization strategy?

Evotec describes the Tubulis transaction as the fourth successful monetization from its investment portfolio, underscoring a disciplined portfolio monetization strategy. The deal converts a minority venture stake into substantial upfront and potential milestone-linked cash proceeds for the company.

What role does Evotec play in antibody-drug conjugate development?

Evotec highlights its own work in antibody-drug conjugate discovery and development, alongside supporting Tubulis, an ADC developer with two clinical programs for high-need solid tumors. This underscores Evotec’s broader capabilities in advanced oncology modalities and strategic partnering across biopharma.

Filing Exhibits & Attachments

2 documents