MorphoSys AG And The Burnham Institute Sign Broad Research Partnership

MARTINSRIED, GERMANY -- (MARKET WIRE) -- November 28, 2006 -- MorphoSys AG (Frankfurt: MOR; Prime Standard Segment, TecDAX) today announced a broad alliance with the Burnham Institute for Medical Research in La Jolla, California ("Burnham"), covering the use of fully human recombinant research antibodies and commercialization of resulting products. Under the terms of the agreement, the Burnham will receive access to novel HuCAL GOLD-based research antibodies from AbD Serotec to identify and validate target molecules with potential medical implications. MorphoSys retains commercialization rights for all antibodies emerging from the collaboration both as research antibody tools distributed via the AbD Serotec sales catalogue as well as in therapeutic or diagnostic applications. Financial details of the agreement were not disclosed.