MorphoSys and Shionogi Agree Three-Year Extension of Research Partnership
MorphoSys AG /
MorphoSys and Shionogi Agree Three-Year Extension of Research Partnership
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MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX) announced today that it
has expanded its current licence agreement withShionogi & Co., Ltd., Osaka,
Japan. The expanded agreement covers the use of MorphoSys's HuCAL antibody
technology and additional proprietary technology modules for research in drug
discovery for three additional years and will be run by the company's AbD
Serotec unit. Â Under the terms of the agreement, Shionogi will continue to have
the right to use MorphoSys's patented antibody library HuCAL PLATINUM for
research purposes at one of its research sites. Â MorphoSys will receive annual
user fees from Shionogi for access to the technologies. Further financial
details were not disclosed.
"We are very pleased with Shionogi's decision to continue using our HuCAL
antibody technology in drug discovery. Their long-term commitment to HuCAL as a
research tool proves the clear scientific and commercial potential the HuCAL
technology has beyond acting as a source of therapeutic antibodies," commented
Dieter Feger, Senior Vice President and Head of AbD Serotec.
MorphoSys and Shionogi signed a first license agreement on the use of
MorphoSys's HuCAL technology in September 2005.
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(®), arYla(®), CysDisplay(®) and
RapMAT(®) 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.
For more information, please contact:
MorphoSys AG
Dr. Claudia Gutjahr-Löser
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
investors@morphosys.com
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MorphoSys AG
Lena-Christ-Str. 48 Martinsried / München Germany
WKN: 663200;ISIN: DE0006632003;Index:TecDAX,CDAX,Prime All Share,TECH All Share,HDAX,MIDCAP;
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Media Release:
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