On January 26, 2016 MorphoSys AG (FSE: MOR; Prime Standard Segment, TecDAX; OTC: MPSYY) reported that the company earned a milestone payment with Bayer’s initiation of a global phase 2 clinical study designed to support registration of anetumab ravtansine (BAY 94-9343) (Press release, MorphoSys, JAN 25, 2016, View Source [SID:1234508860]). Anetumab ravtansine, an antibody-drug conjugate (ADC) targeting mesothelin, is a potential new treatment for mesothelioma developed by Bayer using MorphoSys’s HuCAL technology. Further financial details were not disclosed. Schedule your 30 min Free 1stOncology Demo! "We are delighted to see our partner Bayer moving anetumab ravtansine into a clinical study designed to support its registration in mesothelioma, an indication with high medical need", commented Dr. Marlies Sproll, Chief Scientific Officer of MorphoSys AG. "This is the fourth antibody derived from the MorphoSys technology platform to advance into decisive stages of clinical development. This again reflects the increasing maturity and value of the MorphoSys pipeline comprising both proprietary and partnered programs."
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MorphoSys’s collaboration with Bayer has resulted in two clinical programs to date. In total, MorphoSys’s partnered and proprietary clinical pipeline currently comprises 25 unique antibody molecules which are currently being evaluated in more than 50 clinical trials.