Boehringer Ingelheim and MorphoSys expand collaboration
Boehringer Ingelheim - one of the world's 20 leading pharmaceutical companies - and MorphoSys - a specialist in innovative technologies for the production of synthetic antibodies to accelerate drug discovery and target characterisation - are expanding their existing cooperation involving research and therapeutic applications.
Boehringer Ingelheim - one of the world's 20 leading pharmaceutical companies - and MorphoSys - a specialist in innovative technologies for the production of synthetic antibodies to accelerate drug discovery and target characterisation - are expanding their existing cooperation involving research and therapeutic applications.
Under the new contract, Boehringer Ingelheim has acquired an option to receive several exclusive licences on new therapeutic antibody programmes. The two companies presently have two therapeutic antibody programmes in joint collaboration.
Additionally, Boehringer Ingelheim will obtain access to MorphoSys' HuCAL GOLD library for research purposes at a number of the firm's research facilities. The first installation is intended to be at Boehringer Ingelheim's site in Vienna, Austria. MorphoSys will receive a technology access fee, annual license fees and optional r&d funding over the five-year collaboration term. For therapeutic antibodies emerging from the collaboration, Boehringer Ingelheim will pay milestone fees and royalties to MorphoSys. Financial details were not disclosed.
'The extended collaboration with MorphoSys will strengthen our capability to generate innovative human monoclonal antibodies and to discover new therapeutic entities,' said Mikael Dolsten, head of corporate research, Boehringer Ingelheim.'We are very pleased to continue this collaboration with the aim of providing novel future biological treatment options for patients suffering from cancer, immune, inflammatory and other severe human diseases.'