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MorphoSys AG has received a milestone payment from Novartis for the installation of its HuCAL antibody platform at Novartis Institutes for BioMedical Research in Basel, Switzerland.
February 22, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
MorphoSys AG has received a milestone payment from Novartis for the installation of its HuCAL antibody platform at Novartis Institutes for BioMedical Research in Basel, Switzerland. The milestone is related to an agreement between the two companies for Novartis to internalize the HuCAL technology. “We are delighted to have reached this important milestone with Novartis just three years after the signature of our strategic alliance,” said Dr. Simon Moroney, chief executive officer of MorphoSy...
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