Morphosys
#3686
Rank
$2.86B
Marketcap
Germany
Country
Dr. Marlies Sproll (Special Adviser to the Chief Exec. Officer)
Dr. Jean-Paul Kress M.D. (Chairman of Management Board, MD & CEO)
Mr. Sung H. Lee (CFO & Member of Management Board)
Summary
History
The Company was founded in 1992. In 1999, MorphoSys listed on the Frankfurt Stock Exchange under the ticker symbol "MOR".
In 2004, MorphoSys and Novartis entered into a strategic partnership for the research and development of biopharmaceuticals, which was expanded in 2007. Additional discovery partnerships included: Bayer , Roche , Centocor , Schering AG and Pfizer .
In 2008, the company’s first proprietary antibody MOR103 entered clinical development. Following the publication of promising results in rheumatoid arthritis, MorphoSys signed a license agreement with GlaxoSmithKline for otilimab. In 2019, GlaxoSmithKline initiated a phase 3 clinical development program with otilimab .In 2010, MorphoSys signed a license agreement with Xencor Inc. for MOR208 .In July 2017, the first of MorphoSys’ platform drugs received US marketing approval. Guselkumab , which was developed and is being commercialized by Janssen Biotech a subsidiary of Johnson & Johnson, was first approved for the treatment of moderate-to-severe plaque psoriasis in the United States, the European Union and Canada.In April 2018, following a US initial public offering in which the company raised $239 million, American depositary shares of MorphoSys began trading on the Nasdaq stock exchange, also under the symbol "MOR."In 2018, the company established a wholly owned US subsidiary, MorphoSys US Inc..
In December 2019, based on positive clinical trial results, the company submitted a Biologics License Application to the FDA for tafasitamab in combination with lenalidomide for the treatment of relapsed/refractory diffuse large B-cell lymphoma. The submission was accepted for filing in February 2020, and a decision on the filing is expected in August 2020.In January 2020, MorphoSys and Incyte Corporation signed a collaboration and license agreement for the global development and commercialization of tafasitamab. On March 3, 2020, the agreement received antitrust clearance and thus became effective.In March 2020, MorphoSys announced that the FDA had accepted the Biologics License Application for filing and granted priority review for tafasitamab, setting a Prescription Drug User Fee Act goal date of August 30, 2020.On July 31, 2020, Monjuvi was approved by the U.S. FDA in combination with lenalidomide for the medical treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma not otherwise specified, including DLBCL arising from low grade lymphoma, and who are not eligible for autologous stem cell transplant .
Mission
Vision
Key Team
Mr. Thomas Biegi (VP & Head of Corp. Communications)
Mr. Klaus De Wall (Head of Accounting & Tax)
Dr. Anja Pomrehn (Sr. VP & Head of Investor Relations)
Dr. Margit Urban (Head of Discovery Alliances & Technologies)
Ms. Lara Smith Weber (Head of Controlling, Corp. Fin. & Corp. Devel.)
Ms. Charlotte Lohmann (Sr. VP of Legal, Compliance & IP and Gen. Counsel)
Ms. Maria Castresana (Sr. VP & Global Head of HR)
Recognition and Awards
References
Dr. Marlies Sproll (Special Adviser to the Chief Exec. Officer)
Dr. Jean-Paul Kress M.D. (Chairman of Management Board, MD & CEO)
Mr. Sung H. Lee (CFO & Member of Management Board)