MARTINSRIED, GERMANY and MUNICH, GERMANY--(Marketwire - November 07, 2012) -
Collaboration to Benefit from Access to Newest Technologies
MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX) announced
expansion of its strategic alliance with Novartis. The long-term alliance
now benefit from new technologies that were not available when the
agreement between the two companies was signed in 2007. The aim is to
the discovery of new therapeutic antibodies and to increase the
productivity of the collaboration. Financial details were not disclosed.
"Today's announcement marks the commercial launch of our new technology
Ylanthia", commented Dr. Simon Moroney, Chief Executive Officer of
"We are delighted to kick off this new phase in our growth as the premier
of therapeutic antibodies with our biggest partner, Novartis. This
very successful and will continue to contribute significantly to our
pipeline of therapeutic antibodies. I'm confident that by adding the
technologies to our collaboration, we can be even more productive. The
will be better therapeutic antibodies, made faster than was
"We are pleased to expand our relationship with MorphoSys," commented
Fishman, President of the Novartis Institutes for BioMedical Research. "A
of programs have emerged from the collaboration so far, and we're
forward to adding to them in the years ahead. Novartis is committed to
innovative antibody-based therapies to market and the collaboration
MorphoSys is a key part of that effort."
Under the terms of the agreement announced today, the companies will
entire suite of new technologies available to MorphoSys, including
Slonomics, to make therapeutic antibodies. It is expected that the
generation Ylanthia platform will follow HuCAL, which is the
currently used by the partners to source therapeutic antibody
Antibody optimization will use Slonomics-based technology for
optimization of antibody properties. The companies will also cross-
future improvements for their mutual benefit. Novartis will continue to
dedicated research team at MorphoSys and pay annual license fees as
until the end of the collaboration in 2017. The companies agreed to
existing co-development options, as MorphoSys looks to increase its focus
own highly promising proprietary portfolio of therapeutic antibody
MorphoSys and Novartis started working together in 2004. In December
two companies substantially extended their relationship and forged one
most comprehensive strategic alliances in the discovery and
biopharmaceuticals. The collaboration has resulted in six clinical
date, with four currently being evaluated in phase 2.
MorphoSys developed HuCAL, the most successful antibody library technology
the pharmaceutical industry. By successfully applying this and other
technologies, MorphoSys has become a leader in the field of therapeutic
antibodies, one of the fastest-growing drug classes in human healthcare.
company's AbD Serotec unit uses HuCAL and other antibody technologies to
generate superior monoclonal antibodies for research and diagnostic
Together with its pharmaceutical partners, MorphoSys has built a
pipeline of more than 70 human antibody drug candidates for the treatment
cancer, rheumatoid arthritis, and Alzheimer's disease, to name just a few.
its ongoing commitment to new antibody technology and drug development,
MorphoSys is focused on making the healthcare products of tomorrow.
listed on the Frankfurt Stock Exchange under the symbol MOR. For regular
about MorphoSys, visit http://www.morphosys.com
HuCAL®, HuCAL GOLD®, HuCAL PLATINUM®, CysDisplay®,
Ylanthia® and 100 billion high potentials® are registered
Slonomics® is a registered trademark of Sloning BioTechnology
subsidiary of MorphoSys AG.
This communication contains certain forward-looking statements
MorphoSys group of companies. The forward-looking statements contained
represent the judgment of MorphoSys as of the date of this release and
risks and uncertainties. Should actual conditions differ from the
assumptions, actual results and actions may differ from those
MorphoSys does not intend to update any of these forward-looking
far as the wording of the relevant press release is concerned.
Media Release (PDF):
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Source: MorphoSys AG via Thomson Reuters ONE