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MorphoSys Completes Sale of AbD Serotec to Bio-Rad


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-10 15:33:31 -

MorphoSys AG /
MorphoSys Completes Sale of AbD Serotec to Bio-Rad
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The issuer is solely responsible for the content of this announcement. 

MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX) announced today that the
sale  of its  research and  diagnostic antibody  segment AbD  Serotec to Bio-Rad
Laboratories,  Inc.  (NYSE:  BIO  and  BIOb)  has been completed. All assets and
liabilities  of the AbD Serotec segment of MorphoSys AG as well as all shares of
the  subsidiaries MorphoSys UK  Ltd., MorphoSys AbD  GmbH and MorphoSys US, Inc.
have been transferred to Bio-Rad.

"We  are delighted  to have  reached the  closing of  the transaction 
just a few weeks after the announcement was made. With the divestment of AbD Serotec completed, MorphoSys can devote 100% of its attention to building value in its core therapeutics business," commented Jens Holstein, Chief Financial Officer of MorphoSys AG. About MorphoSys: MorphoSys developed HuCAL, the most successful antibody library technology in the pharmaceutical industry. By successfully applying this and other patented technologies, MorphoSys has become a leader in the field of therapeutic antibodies, one of the fastest-growing drug classes in human healthcare. Together with its pharmaceutical partners, MorphoSys has built a therapeutic pipeline of more than 70 human antibody drug candidates for the treatment of cancer, rheumatoid arthritis, and Alzheimer's disease, to name just a few. With its ongoing commitment to new antibody technology and drug development, MorphoSys is focused on making the healthcare products of tomorrow. MorphoSys is listed on the Frankfurt Stock Exchange under the symbol MOR. For regular updates about MorphoSys, visit www.morphosys.com HuCAL(®), HuCAL GOLD(®), HuCAL PLATINUM(®), CysDisplay(®), RapMAT(®), arYla(®) and Ylanthia(®) and 100 billion high potentials(®) are registered trademarks of MorphoSys AG. Slonomics(®) is a registered trademark of Sloning BioTechnology GmbH, a subsidiary of MorphoSys AG. This communication contains certain forward-looking statements concerning the MorphoSys group of companies. The forward-looking statements contained herein represent the judgment of MorphoSys as of the date of this release and involve risks and uncertainties. Should actual conditions differ from the Company's assumptions, actual results and actions may differ from those anticipated. MorphoSys does not intend to update any of these forward-looking statements as far as the wording of the relevant press release is concerned. For more information, please contact: MorphoSys AG Dr. Claudia Gutjahr-Löser Head of Corporate Communications & IR Tel: +49 (0) 89 / 899 27-122 Mario Brkulj Associate Director Corporate Communications & IR Tel: +49 (0) 89 / 899 27-454 Alexandra Goller Specialist Corporate Communications & IR Tel: +49 (0) 89 / 899 27-332 investors@morphosys.com Media Release (PDF): hugin.info/130295/R/1669504/542406.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: MorphoSys AG via Thomson Reuters ONE [HUG#1669504]


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