Breaking News, Collaborations & Alliances

MorphoSys, Novartis Expand Antibody Pact

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By: Tim Wright

Editor-in-Chief, Contract Pharma

MorphoSys AG expanded its therapeutic antibody collaboration with Novartis. The original collaboration agreement provided for a three-year term with an option for Novartis to extend. The collaboration will now go through May 2011. In May 2004, the two companies forged a strategic alliance to jointly develop new antibody-based therapeutics against a range of illnesses. As part of the collaboration, Novartis invested approximately $11 million in MorphoSys. In August 2005, MorphoSys successfu...

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