MorphoSys Announces Clinical Milestone in Therapeutic Antibody Program
News Jun 29, 2009
MorphoSys AG has announced today it will receive a milestone payment from Centocor Ortho Biotech Inc. in connection with the initiation of a Phase 1 clinical trial using a HuCAL-derived, fully human antibody in the therapeutic area of inflammation.
"The advancement of a new HuCAL antibody into human clinical trials is an important step forward for MorphoSys," commented Dr. Simon Moroney, Chief Executive Officer of MorphoSys AG. "Progress in the development of innovative biopharmaceutical agents by our partners is a key driver of our company's growth."
The current program becomes the second HuCAL antibody derived from MorphoSys's collaboration with Centocor Ortho Biotech Inc. to enter the clinic.
In 2007, Centocor Ortho Biotech Inc. started a Phase 1 study with a HuCAL antibody in oncology patients and commenced a Phase 2 trial in an immunological indication using the same antibody one year later. The antibody became the first from MorphoSys to be developed in two different indications. With the new study, Centocor Ortho Biotech Inc. will be running three clinical trials of HuCAL antibodies.