Corporate | 8 September 2004 08:01
MorphoSys Obtains License on Crucell Human Cell Line
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MorphoSys Obtains License on Crucell Human Cell Line
MorphoSys AG (Frankfurt Stock Exchange: MOR; Prime Standard Segment) announced
today a non-exclusive license agreement with Dutch biotechnology company Crucell
N.V. (Euronext/NASDAQ: CRXL) and allied contract manufacturer DSM Biologics.
Under the terms of the agreement, MorphoSys receives rights to Crucell’s
PER.C6(R) fully human cell line technology for use in its own and partnered
antibody research programs conducted at MorphoSys. Furthermore, MorphoSys and
its partners have an option to obtain a license for the clinical and commercial
production of antibodies isolated from the MorphoSys HuCAL(R) library. The human
cell line has been shown to be suited to the development
and large-scale manufacturing of a wide range of biologics including antibodies.
Financial details were not disclosed.
Crucell’s fully human PER.C6(R) cell line is an established technology for the
production of antibodies. Thus, MorphoSys is broadening its technology base and
diversifies its offering for existing and new partners. The advantages of
PER.C6(R) include high-yield production of antibodies, fast production cycles
and the provision of human glycosylation patterns.
“A key part of our strategy is to maintain technological leadership by
incorporating the latest innovations in human as well as bacterial production
systems into our platform”, commented Dr. Simon Moroney, Chief Executive Officer
of MorphoSys AG.
About MorphoSys:
MorphoSys develops and applies innovative technologies for the production of
synthetic antibodies, which accelerate drug discovery and target
characterization. Founded in 1992, the Company’s proprietary Human Combinatorial
Antibody Library (HuCALâ) technology is used by researchers worldwide for human
antibody generation. The Company currently has licensing and research
collaborations with Bayer (Berkeley, California/USA), Biogen
Idec Inc. (Cambridge, Massachusetts/USA), Boehringer Ingelheim (Ingelheim,
Germany), Bristol-Myers Squibb (Wilmington, Delaware/USA), Centocor Inc.
(Malvern, Pennsylvania/USA), GPC Biotech AG (Munich/Germany), Hoffmann-La
Roche AG (Basel/Switzerland), ImmunoGen Inc. (Cambridge, Massachusetts/USA),
Novartis AG (Basel/Switzerland), Novoplant GmbH (Gatersleben/Germany), Oridis
Biomed GmbH (Graz/Austria), Pfizer Inc. (Delaware/USA), ProChon Biotech Ltd.
(Rehovot/Israel), Schering AG (Berlin/Germany) and Xoma Ltd. (Berkeley,
California/USA). For further information please visit the corporate website
at: http://www.morphosys.com/.
About Crucell:
Crucell N.V. is a biotechnology company focused on developing vaccines and
antibodies that prevent and treat infectious diseases, including Ebola,
influenza, malaria and West Nile virus. The company’s development programs
include collaborations with Aventis Pasteur for influenza vaccines, the U.S.
National Institutes of Health for Ebola and malaria vaccines, and
GlaxoSmithKline (GSK), Walter Reed Army Institute of Research and New York
University for a malaria vaccine. Crucell’s products are based on its innovative
PER.C6â technology, which offers a safer, more efficient way to produce
biopharmaceuticals. The company licenses its PER.C6â technology to
the biopharmaceutical industry on a mostly non-exclusive basis. Licensees and
CMO partners include DSM Biologics, GSK, Centocor/J&J and Merck & Co., Inc.
Crucell is headquartered in Leiden, The Netherlands, and currently employs
180 people. Crucell is listed on the Euronext and NASDAQ stock exchanges (ticker
symbol CRXL). For more information, please visit
http://www.crucell.com/
About DSM Biologics
DSM Biologics, a business unit of the DSM Pharmaceutical Products business
group, is one of the world’s leading contract manufacturers of biopharmaceutical
products, the latest generation of drugs, mainly on the
basis of native molecules and produced with the help of cell cultures. The
company is renowned for its experience in the use of a broad range of cell
culture systems (microbial and mammalian) and its expertise in the field of
purification techniques. Established in 1986, DSM Biologics currently employs
about 450 people, who are based at the company’s two sites, one in Groningen,
the Netherlands (ca. 1,000 liters fermentor capacity and 6,000 m2) and one in
Montreal, Quebec, Canada (ca. 6,500 liters fermentor capacity and presently
10,000 m2). DSM Biologics is a joint venture of DSM and Société générale de
financement du Québec (SGF), an industrial and financial holding company,
which carries out economic development projects, especially in the industrial
sector, in cooperation with partners and in accordance with accepted
requirements for profitability that comply with the economic development
policy of the Government of Québec. For more information, please visit
http://www.dsmbiologics.com/
Statements included in this press release which are not historical in nature are
intended to be, and are hereby identified as, “forward-looking statements” for
purposes of the safe harbour provided by Section 21E of the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by words including “anticipates”,
“believes”, “intends”, “estimates”, “expects” and similar expressions. The
company cautions readers that forward-looking statements, including without
limitation those relating to the company’s
future operations and business prospects, are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
indicated in the forward-looking statements. Factors that may affect future
operations and business prospects include, but are not limited to, clinical
and scientific results and developments concerning corporate collaborations
and the company’s proprietary rights and other factors described in the
prospectus relating to the company’s recent public offering.
For more information, please contact MorphoSys: Dr. Claudia Gutjahr-Löser,
Director Corporate Communications, Tel. +49 (0)89 89927 122,
gutjahr@morphosys.com / Mario Brkulj, PR Specialist, Tel. +49 (0)89 89927 454,
brkulj@morphosys.com
end of message, (c)DGAP 08.09.2004
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