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Daiichi Sankyo becomes MorphoSys's first collaborator for HuCAL Platinum-based drug discovery in infectious diseases, said MorphoSys.
Under the terms of the agreement, MorphoSys and Daiichi Sankyo will collaboratively apply HuCAL Platinum, the updated version of MorphoSys's antibody libraries. The companies will jointly apply established as well as novel approaches to generate optimized, fully human therapeutic antibodies against targets associated with nosocomial infections.
Daiichi Sankyo will also commit to funding the development of certain infectious disease specific technology at MorphoSys, which will be used to identify the most effective antibody-based drugs.
Total payments under the agreement include committed license fees and R&D funding in addition to success-based development milestones. MorphoSys also stands to receive royalties on sales of marketed drugs emerging from the collaboration.
Simon Moroney, CEO of MorphoSys, said: "This is another landmark deal for MorphoSys and is our first initiative in the infectious disease arena. Today's news is proof that MorphoSys can tap new growth opportunities in the therapeutic antibody field on top of the established partnerships the company has in place. We see lucrative opportunities for our new HuCAL Platinum technology in the infectious disease field, which we intend to exploit within selected partnerships in the years ahead."
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