BioSpace Collaborative

Academic/Biomedical Research
News & Jobs
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

PROFILES
Company Profiles

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Research Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

MorphoSys AG Announces Election of Two New Supervisory Board Members


5/31/2012 8:47:18 AM

MUNICH, GERMANY--(Marketwire - May 31, 2012) - MorphoSys AG (FRANKFURT: MOR) (Prime Standard Segment, TecDAX) announced today that at the Company's Annual Shareholder Meeting on Thursday, May 31, 2012, its shareholders confirmed the appointment of Ms. Karin Eastham and Dr. Marc Cluzel as new members of the Supervisory Board. Ms. Eastham and Dr. Cluzel replace Prof. Dr. Jürgen Drews and Dr. Metin Colpan. Prof. Drews has been a member of MorphoSys AG's Supervisory Board since 1998, while Dr. Colpan joined in 2004.

"We are pleased to announce the election of two experienced new members to our Supervisory Board and look forward to working with them," commented Dr. Gerald Möller, Chairman of the Supervisory Board of MorphoSys AG. "On behalf of the Company, I would like to thank Professor Drews and Dr. Colpan for their invaluable support in establishing MorphoSys as one of the world's leading antibody companies."

The shareholders of MorphoSys AG approved the following substantive management proposals put to vote at the meeting:

  • Granting full discharge of the members of the Management and Supervisory Boards in respect of their activities during the business year 2011.
  • The re-appointment of Dr. Gerald Möller, Dr. Daniel Camus and Dr. Geoffrey Vernon to the Company's Supervisory Board. Following the AGM, the members of the Supervisory Board re-elected Dr. Möller as Chairman. Mr. Vernon was elected Vice Chairman.
  • The appointment of PricewaterhouseCoopers AG as auditors of the Company and the MorphoSys Group for the business year 2012.
  • The use of the net earnings of MorphoSys AG; Management and Supervisory Boards recommended that the net profit of the business year 2011 is carried forward as accumulated income.

At the Annual General Meeting 2012 of MorphoSys AG, 39.7% of the voting shares were represented.

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. The company's AbD Serotec unit uses HuCAL and other antibody technologies to generate superior monoclonal antibodies for research and diagnostic applications.

Together with its pharmaceutical partners, MorphoSys has built a therapeutic pipeline of more than 70 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(®) and arYla(®) are registered trademarks of MorphoSys.


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.

Media Release: http://hugin.info/130295/R/1616311/515446.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters 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 Thomson Reuters ONE [HUG#1616311]


For more information, please contact:

MorphoSys AG

Dr. Claudia Gutjahr-Loser
Head of Corporate Communications & IR
Tel: +49 (0) 89 / 899 27-122

Mario Brkulj
Senior Manager Corporate Communications & IR
Tel: +49 (0) 89 / 899 27-454

Jessica Kulpi
Specialist Corporate Communications & IR
Tel: +49 (0) 89 / 899 27-332

Email Contact



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES
 

//-->