We've updated our Privacy Policy to make it clearer how we use your personal data.

We use cookies to provide you with a better experience. You can read our Cookie Policy here.

MorphoSys Starts Multiple Antibody Programs with Schering

MorphoSys Starts Multiple Antibody Programs with Schering

MorphoSys Starts Multiple Antibody Programs with Schering

MorphoSys Starts Multiple Antibody Programs with Schering

Read time:

Want a FREE PDF version of This News Story?

Complete the form below and we will email you a PDF version of "MorphoSys Starts Multiple Antibody Programs with Schering "

First Name*
Last Name*
Email Address*
Company Type*
Job Function*
Would you like to receive further email communication from Technology Networks?

Technology Networks Ltd. needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy

MorphoSys AG has announced the start of a further three therapeutic antibody programs within the scope of its collaboration with Schering AG, Germany.

Schering has selected three target molecules, against which MorphoSys will generate antibodies using its proprietary HuCAL GOLD® technology.

Additionally, MorphoSys has granted Schering eight exclusive licenses for in vivo diagnostic applications. In exchange, MorphoSys stands to receive licensing payments.

Schering will carry out pre-clinical and clinical development and has the worldwide marketing rights for all resulting products.
Within the collaboration, originally signed in December 2001, both companies develop antibodies against a variety of disease-related target molecules mainly involved in oncology for both therapeutic and in vivo diagnostic purposes.

The collaboration was extended in December 2004 until the end of 2006, with the option of a further extension period of one year beyond this time frame.

Including this announcement, the parties have six therapeutic antibody programs based on MorphoSys's HuCAL® technology currently in progress. Schering owns approximately 6% of outstanding shares of MorphoSys.

“Partnered programs based on our HuCAL® technology in which we participate through milestone and royalty payments have always been at the center of the MorphoSys strategy,” explained Dr. Simon Moroney, Chief Executive Officer of MorphoSys AG.

“Combined with these new programs with our partner Schering there are currently more than 25 partnered programs ongoing, and as these move forward, the frequency and size of milestone payments will further increase.”