MARTINSRIED, Germany, July 29, 2008 (PRIME NEWSWIRE) -- MorphoSys AG (FSE:MOR) (Prime Standard Segment:TecDAX) today announced its financial results according to International Financial Reporting Standards (IFRS) for the first six months ending June 30, 2008. Group revenues increased by 16 % to EUR 33.3 million (H1 2007: EUR 28.6 million) and operating profit more than doubled to EUR 8.0 million (H1 2007: EUR 3.5 million). Net profit amounted to EUR 6.3 million (H1 2007: EUR 2.0 million). At the end of the second quarter of 2008 MorphoSys’s cash position amounted to EUR 126.4 million (December 31, 2007: EUR 106.9 million).
