MorphoSys keeps up its impressive productivity in feeding pipelines. Its 12th antibody in its Novartis collaboration has just reached clinical development.
One of the candidates it initially developed will start a Novartis-sponsored Phase I trials for prevention of thrombosis (blood clots). The two companies have a long-standing collaboration, which now reaches a total of 12 therapeutic antibodies brought into the clinic – a really impressive number!
This well-known German Biotech is therefore also receiving a milestone payment from Novartis. Although the financial details were not disclosed, with 12 candidates we guess the overall deal must be massive. All antibodies in the collaboration come from HuCAL, MorphoSys’ really successful antibody library.
This is good news, particularly after the recent Phase II/III failure in one of the partnership’s candidates.