Feb 07th 2013 - Edison Investment Research today published a report on Morphosys entitled "A Quarter To Remember". In summary, the report says:
The presentation of data and completion of deals by MorphoSys marked Q412 as an important time for the company. Data presented on MOR103, MOR208 and a product related to MOR202 indicated the potential of its proprietary pipeline. The amendments to its long-term collaboration with Novartis are expected to lead to new discovery alliances and extra resources for its proprietary pipeline. The sale of its AbD Serotec division for a net consideration of €48m has also generated additional funds for MorphoSys to invest in its own products. The next significant event that could occur is the partnering of MOR103. We have raised our valuation to €804m.
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