MorphoSys to Receive Milestone Payment for CNTO 1959 Phase 2 Program

Thursday, 08. December 2011 07:30
MorphoSys AG /
MorphoSys to Receive Milestone Payment for CNTO 1959 Phase 2 Program
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MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX) announced today that
Janssen Biotech, Inc. (formerly Centocor Ortho Biotech, Inc.) has initiated a
phase 2 clinical trial in psoriasis patients with the HuCAL-derived antibody
CNTO 1959. The event triggered a clinical milestone payment to MorphoSys.
Further financial details were not disclosed.

"With every clinical milestone and every new phase 2 start the time where the
first HuCAL-based antibody drug could enter the market gets closer. MorphoSys's
antibody pipeline has substantially matured over the last 18 months," commented
Dr. Marlies Sproll, Chief Scientific Officer of MorphoSys AG.

In total, MorphoSys's clinical pipeline now comprises nine partnered programs in
phase 1 and seven in phase 2 development as well as the Company's proprietary
programs MOR103, which is in a phase 1b/2a trial for rheumatoid arthritis,
MOR208, which is in a phase 1 trial for chronic lymphocytic leukemia and MOR202,
which is in a phase 1/2a trial for multiple myeloma.



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 AG.

Ylanthia(®) and 100 billion high potentials(TM) are trademarks of MorphoSys AG.


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


--- 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;


Media Release:
http://hugin.info/130295/R/1569749/488004.pdf




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Source: MorphoSys AG via Thomson Reuters ONE

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