MARTINSRIED, GERMANY and MUNICH, GERMANY--(Marketwire - May 16, 2011) -
MorphoSys AG /
AbD Serotec Licenses Seven Diagnostic HuCAL Antibodies to Proteomika to
Monitor
Biologics Therapies
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First HuCAL-based Diagnostic Kits to Enter Market
MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX) today announced
that
Proteomika S.L., subsidiary of Progenika Group, a Spanish biotechnology
company
specializing in biomarker discovery, has signed a commercial license
agreement
for seven diagnostic HuCAL-antibodies from MorphoSys's AbD Serotec
Division. To
generate these antibodies AbD Serotec applied MorphoSys's HuCAL GOLD and
HuCAL
PLATINUM antibody technologies. Proteomika will implement these
antibodies in
their PROMONITOR® kits. AbD Serotec will receive royalties on
products sales.
Further financial details of the agreement were not disclosed.
PROMONITOR® is a diagnostic test that accurately determines the
circulating
levels of different drugs and the immune response triggered in the
patient by
the treatment. PROMONITOR® assures these parameters are measured
extremely
accurately thus allowing for better clinical management of patients and
rational
and cost-effective use of biological therapies. Proteomika currently
offers
products and services for monitoring patients treated with different
anti-TNF
and anti-CD20 drugs, and is developing similar tests for other
biologicals.
Proteomika plans to launch HuCAL antibody containing PROMONITOR® kits
for use
in routine clinical monitoring of biological therapies in the second
quarter of
2011.
"Administration of biologic drugs should always be performed in parallel
with
the close monitoring of the patient response to the drug in order to
evaluate
the efficacy of treatment and if necessary to adjust dosage or switch
therapy,"
commented Dr. Daniel Nagore, CSO of Proteomika. "The use of
PROMONITOR® allows
individualized optimization of treatment regimes, thereby increasing
the
clinical benefit to patients and avoiding the waste of time,
money and
opportunity spent on ineffective treatments."
"Diagnostic tools play an increasingly important role in the development
of new
drugs and in many therapy decisions," commented Dieter Feger, Head
of AbD
Serotec. "AbD Serotec is ideally positioned at the nexus of these areas
as our
antibody platform has the potential to deliver clearly differentiated
diagnostic
products. We believe that the MorphoSys HuCAL antibody platform can have
as big
an impact here as it is having in the therapeutic market."
About MorphoSys:
MorphoSys is an independent biotechnology company that develops novel
antibodies
for therapeutic, diagnostic and research applications. The Company's HuCAL
technology is one of the most powerful methods available for generating
fully
human antibodies. By successfully applying this and other proprietary
technologies, MorphoSys has become a leader in the field of therapeutic
antibodies, one of the fastest-growing drug classes in human health-care.
Through its alliances with some of the world's leading pharmaceutical
companies,
MorphoSys has created a pipeline of more than 60 drug candidates. The
Company is
expanding its drug pipeline by adding new partnered programs, and by
building a
portfolio of fully-owned therapeutic antibodies. For its proprietary
portfolio,
the Company is focused on the areas of oncology and inflammation. Its most
advanced program MOR103, a first-in-class, fully human antibody against GM-
CSF,
is currently being tested in a Phase Ib/IIa trial in rheumatoid arthritis
patients. Via its business unit AbD Serotec, MorphoSys is expanding the
reach of
its technologies in the diagnostics and research markets. MorphoSys is
headquartered in Munich, Germany and listed on the Frankfurt Stock Exchange
under the symbol "MOR". For further information, visit
http://www.morphosys.com/
HuCAL®, HuCAL GOLD®, HuCAL PLATINUM®, CysDisplay®
and RapMAT® are registered trademarks of MorphoSys; arYla™ is a
trademark of MorphoSys.
About Proteomika:
With the ever-expanding number of genome sequences available to
researchers the
challenge ahead lies in deciphering the wealth of information emerging
from
genomics programs in order to deliver new tools and products for the
21st
century. Proteomics is at the leading edge of this endeavor -
providing the
means to investigate directly the changes in protein expression and
modification
that underlie all cellular processes - and constitutes the essential
link
between transcriptome and metabolome. Together with Progenika, Proteomika
seeks
to establish a leading position within the European Research Area in the
field
of post-genomics through innovation and excellence. For further
information
please visit http://www.proteomika.com/
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.
--- End of Message ---
MorphoSys AG
Lena-Christ-Str. 48 Martinsried / München Germany
WKN: 663200;ISIN: DE0006632003;Index:TecDAX,CDAX,Prime All Share,TECH All
Share,HDAX,MIDCAP;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Bayerische Börse München,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;
Press Release (PDF):
http://hugin.info/130295/R/1515999/452305.pdf
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Source: MorphoSys AG via Thomson Reuters ONE
[HUG#1515999]