MorphoSys Announces Clinical Milestone in Oncology Program
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MorphoSys AG /
MorphoSys Announces Clinical Milestone in Oncology Program
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MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX, OTC: MPSYY) announced
today that it has received a milestone payment from Novartis in connection with
the initiation of a phase 1 clinical trial of a HuCAL antibody in the field of
oncology. This becomes the tenth therapeutic antibody made using MorphoSys's
technologies that Novartis is evaluating in clinical trials. The associated
milestone payment is booked in 2014.
"In 2014 our pipeline, and our collaborators' pipelines of therapeutic
antibodies have matured significantly and now include more programs in clinical
trials and in a more advanced state than ever before. Today's news represents
the fourth clinical milestone with our partners during the course of the year,"
commented Dr. Marlies Sproll, Chief Scientific Officer of MorphoSys AG.
MorphoSys's collaboration with Novartis has resulted in ten clinical programs to
date, five of which are in phase 1 development, with another four programs in
phase 2 and one in phase 3. In total, MorphoSys's partnered and proprietary
clinical pipeline currently comprises 22 unique antibody molecules which are
being evaluated in more than 60 clinical trials.
About MorphoSys:
MorphoSys developed HuCAL, the most successful antibody library technology in
the pharmaceutical industry. By successfully applying this and other patented
technologies, MorphoSys has become a leader in the field of therapeutic
antibodies, one of the fastest-growing drug classes in human healthcare.
Together with its pharmaceutical partners, MorphoSys has built a therapeutic
pipeline of more than 90 human antibody drug candidates for the treatment of
cancer, rheumatoid arthritis, and Alzheimer's disease, to name just a few. With
its ongoing commitment to new antibody technology and drug development,
MorphoSys is focused on making the healthcare products of tomorrow. MorphoSys is
listed on the Frankfurt Stock Exchange under the symbol MOR. For regular updates
about MorphoSys, visit http://www.morphosys.com
HuCAL®, HuCAL GOLD®, HuCAL PLATINUM®, CysDisplay®, RapMAT®, arYla® and Ylanthia®
and 100 billion high potentials® are registered trademarks of MorphoSys AG.
Slonomics® is a registered trademark of Sloning BioTechnology GmbH, a subsidiary
of MorphoSys AG.
This communication contains certain forward-looking statements concerning the
MorphoSys group of companies. The forward-looking statements contained herein
represent the judgment of MorphoSys as of the date of this release and involve
risks and uncertainties. Should actual conditions differ from the Company's
assumptions, actual results and actions may differ from those anticipated.
MorphoSys does not intend to update any of these forward-looking statements as
far as the wording of the relevant press release is concerned.
For more information, please contact:
MorphoSys AG
Dr. Claudia Gutjahr-Löser
Head of Corporate Communications & IR
Mario Brkulj
Associate Director Corporate Communications & IR
Alexandra Goller
Specialist Corporate Communications & IR
Jessica Rush
Specialist Corporate Communications & IR
Tel: +49 (0) 89 / 899 27-404
investors(at)morphosys.com
Media Release (PDF):
http://hugin.info/130295/R/1882093/663980.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: MorphoSys AG via GlobeNewswire
[HUG#1882093]
Unternehmensinformation / Kurzprofil:
Datum: 22.12.2014 - 07:30 Uhr
Sprache: Deutsch
News-ID 361010
Anzahl Zeichen: 4390
contact information:
Town:
Martinsried / Munich
Kategorie:
Business News
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