Acquired Company
Novartis acquired MorphoSys AG for €68 per share in cash, with a total equity value of €2.7 billion, and the acquisition was completed on May 23, 2024.
MorphoSys AG (ADR) is a prominent biopharmaceutical company based in Planegg, Germany, specializing in the development and commercialization of innovative therapeutic antibodies targeting cancer and autoimmune diseases. Leveraging its proprietary technology platforms, the company has cultivated a robust pipeline of novel antibody-based therapies designed to meet significant unmet medical needs. With a strategic focus on expanding its presence in the U.S. market alongside global initiatives, MorphoSys is well-positioned to advance treatment paradigms and drive innovation in the dynamic biotechnology sector. Show more
Location: SEMMELWEISSTRASSE 7, PLANEGG, GERMANY, 82152, Bayern, 82152, USA | Website: https://www.morphosys.com | Industry: BIOTECHNOLOGY | Sector: HEALTHCARE
Market Cap
2.856B
52 Wk Range
$0.00 - $0.00
Previous Close
$18.96
Open
$18.96
Volume
N/A
Day Range
$18.96 - $18.96
Enterprise Value
0.00
Cash
131.3M
Avg Qtr Burn
-64.43M
Insider Ownership
0.00%
Institutional Own.
7.44%
Qtr Updated
03/31/24
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| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
Tremfya (guselkumab) (IL-23) Details Psoriatic arthritis, Plaque psoriasis | Approved Quarterly sales | |
Monjuvi (Tafasitamab) (CD19) Details B-cell malignancies, Diffuse large B cell lymphoma, Chronic lymphocytic leukemia, Non-Hodgkin lymphoma, Cancer | Approved Quarterly sales | |
Pelabresib (CPI-0610) + ruxolitinib Details Myelofibrosis, Cancer, Bone marrow cancer | Phase 3 Data readout | |
Gantenerumab Details Alzheimer's disease | Phase 3 Update | |
Tafasitamab (CD19) Details Cancer, B-cell malignancies, B-cell lymphoma, Diffuse large B cell lymphoma | Phase 3 Update | |
Tulmimetostat /CPI-0209 (EZH2 inhibitor) Details Cancer, Solid tumor/s | Phase 2 Update |
