MorphoSys Issued U.S. Patent for HuCAL(R) EST Technology
November 27 2003 - 4:32AM
PR Newswire (US)
MorphoSys Issued U.S. Patent for HuCAL(R) EST Technology
MARTINSRIED, Germany and MUNICH, Germany, Nov. 27
/PRNewswire-FirstCall/ -- - MorphoSys AG (OTC Bulletin Board:
MPHSF; Frankfurt Stock Exchange: MOR; Prime Standard Segment)
announced today that the U.S. Patent & Trademark Office has
granted the Company a new patent covering its proprietary HuCAL(R)
EST technology. The U.S. patent (U.S. 6,653,068) entitled
"Generation of Specific Binding Partners to (Poly)Peptides Encoded
by Genomic DNA Fragments or ESTs" covers methods for the high-level
production of expressed sequence tags (ESTs) as fusion proteins and
subsequent generation of HuCAL(R) antibodies against these
proteins. The application on which the patent was based was
submitted to the U.S. Patent Office in 2000. Related patent
applications are pending in all major jurisdictions. In addition,
MorphoSys has recently received several notifications of allowance
for further patent applications in the U.S., in Australia and in
Europe. Those patents provide an extended protection of the
MorphoSys HuCAL(R) technology and enlarge the area of application
for the MorphoSys technologies. "The granting of the HuCAL(R) EST
patent further strengthens our patent portfolio, commented Dr.
Thomas von Ruden, Chief Scientific Officer at MorphoSys AG.
"HuCAL(R) EST is a unique technology, supporting researchers in the
area of target validation and genomics research and we apply this
technology in collaborations with several partners including
Biogen, Centocor, Oridis Biomed and Schering." Over the last few
years MorphoSys has built a strong intellectual property portfolio
around its proprietary technology, HuCAL(R) (Human Combinatorial
Antibody Library). To date, MorphoSys has six patents granted and
more than 40 applications pending worldwide. The patents and
pending applications cover a variety of different technologies,
including antibody libraries, screening methods, certain antibody
fragment formats and specific antibodies. About MorphoSys:
MorphoSys develops and applies innovative technologies for the
production of synthetic antibodies, which accelerate drug discovery
and target characterization. Founded in 1992, the Company's
proprietary Human Combinatorial Antibody Library (HuCAL(R))
technology is used by researchers worldwide for human antibody
generation. The Company currently has licensing and research
collaborations with Bayer (Berkeley, California/USA), Biogen Inc.
(Cambridge, Massachusetts/USA), Boehringer Ingelheim (Ingelheim,
Germany), Bristol-Myers Squibb (Wilmington, Delaware/USA), Centocor
Inc. (Malvern, Pennsylvania/USA), California/USA), GPC Biotech AG
(Munich/Germany), Hoffmann- La Roche AG (Basel/Switzerland),
ImmunoGen Inc. (Cambridge, Massachusetts/USA), Oridis Biomed GmbH
(Graz/Austria), ProChon Biotech Ltd. (Rehovot/Israel), Schering AG
(Berlin/Germany) and Xoma Ltd. (Berkeley, California/USA). For
further information please visit the corporate website at:
http://www.morphosys.com/. Statements included in this press
release which are not historical in nature are intended to be, and
are hereby identified as, "forward-looking statements" for purposes
of the safe harbour provided by Section 21E of the Securities
Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be
identified by words including "anticipates", "believes", "intends",
"estimates", "expects" and similar expressions. The company
cautions readers that forward-looking statements, including without
limitation those relating to the company's future operations and
business prospects, are subject to certain risks and uncertainties
that could cause actual results to differ materially from those
indicated in the forward-looking statements. Factors that may
affect future operations and business prospects include, but are
not limited to, clinical and scientific results and developments
concerning corporate collaborations and the company's proprietary
rights and other factors described in the prospectus relating to
the company's recent public offering. DATASOURCE: MorphoSys AG
CONTACT: Dave Lemus, Chief Financial Officer, +49-89-899-27-439, or
fax: +49-89-899 27-5439, or ; or Dr. Claudia Gutjahr-Loeser,
+49-89-899 27-122, or Fax: +49-89-899-27-5122, or , both of
MorphoSys Web Site: http://www.morphosys.com/
Copyright