Munich, Germany-based synthetic antibody specialist MorphoSys has updated investors on its planned developments for 2009, particularly in its partnered antibody pipeline.
"MorphoSys is ideally positioned to advance its pipeline in 2009," said chief executive Simon Moroney. "We have a solid financial foundation, plus a proven technology and promising targets, which together give us the means of building a very strong proprietary drug pipeline. Even in this challenging economic climate, MorphoSys is ideally positioned to build value by advancing its pipeline, while maintaining profitability," he added.
"Snapshot" of the end of 2009
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