MARTINSRIED, GERMANY and MUNCHEN, GERMANY--(Marketwire - October 12, 2011) -
MorphoSys AG /
MorphoSys AG : AbD Serotec, Moredun Research Institute and Roslin Institute
Announce Grant Funding to Establish Veterinary Research Reagents
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MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX) announced today
that
itsAbD Serotec business unit entered into an agreement with the Moredun
Research
Institute and the Roslin Institute at The University of Edinburgh to
establish a
broad range of research reagents in the veterinary research arena. The
project
is funded through an Industrial Partnership Award from the
Biotechnology and
Biological Sciences Research Council (BBSRC) under a joint initiative
with the
Scottish Government's Rural and Environment Science and Analytical
Services
Division (RESAS). Over the three-year term of the grant, the Moredun
Research
Institute and Roslin Institute combined will receive funding of nearly
GBP 1
million.
The primary goal of the collaboration is to develop research reagents to
study
immunity in ruminant farm animals. Basic research in this area is
significantly
inhibited by the lack of species-specific reagents, such as
antibodies and
recombinant cytokines. AbD Serotec has preferred access to
commercialization
rights for products generated during the collaboration.
"We consider ourselves to be the leading supplier of reagents for
veterinary
research purposes, and this alliance will help us expand our veterinary
range,
thereby maintaining that position," commented Dieter Feger, Head of AbD
Serotec.
"Today's news also shows our commitment to develop cutting edge
reagents via
collaboration with renowned research organizations."
The Moredun Research Institute in Scotland is committed to promoting
animal
health and welfare through research and education and is recognized
worldwide
for its contribution to research into infectious diseases of farmed
livestock.
Moredun's research has led to the development of many vaccines, diagnostic
tests
and improved treatment strategies for farm animals across the globe.
Professor Gary Entrican from the Moredun Research Institute (and
Honorary
Professor at the Roslin Institute) commented: "This project will allow
us to
enhance the current knowledge about how immune systems are
activated and
regulated in sheep and cattle. This work will help identify the
immunological
correlates of protection to many different diseases of cattle and sheep,
vital
for the development of new and improved vaccines. We are excited to be
working
in partnership with AbD Serotec to advance this area of research and
accelerate
the distribution of veterinary immunological reagents to the wider
research
community."
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 technologies to generate
superior monoclonal antibodies for research and diagnostic applications.
Through its own development efforts and successful partnerships in
the
pharmaceutical industry, 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 engineering the medicines 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.
About Roslin Institute:
The Roslin Institute (www.roslin.ed.ac.uk) is incorporated with the Royal
(Dick)
School of Veterinary Studies, the world leading Veterinary School in the
UK in
the 2008 Research Assessment Exercise, at the University of
Edinburgh. The
Institute undertakes research within the framework of BBSRC Institute
Strategic
Programmes focussed on the health and welfare of animals, and
applications of
basic animal sciences in human and veterinary medicine, the livestock
industry
and food security. The Roslin Institute received a total of £8.5M
investment
from the Biotechnology and Biological Sciences Research Council in 2010-11.
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,
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Freiverkehr in Börse Berlin,
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Freiverkehr in Bayerische Börse München,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
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Media Release (PDF):
http://hugin.info/130295/R/1554026/479030.pdf
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Source: MorphoSys AG via Thomson Reuters ONE
[HUG#1554026]