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MorphoSys CEO Says Strategy To Build Proprietary Pipeline 'On Track'

 
• By Sten Stovall

MorphoSys CEO Simon Moroney tells Scrip that sales of Tremfya in the US and now Europe as a treatment for plaque psoriasis will help fund the German biotech's nascent proprietary pipeline.

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MorphoSys CEO Says EU and US Tremfya Sales Will Help Fund A Proprietary Pipeline • Source: Shutterstock

MorphoSys AG’s ambition to grow a proprietary pipeline got a boost on Nov. 23 when its potential first-in-class psoriasis therapy Tremfya (guselkumab), partnered with Janssen-Cilag International, won official marketing approval in Europe, building on US approval of the antibody in July.

Guselkumab is the first antibody that has received approval in Europe based on MorphoSys's technologies. It follows the asset's recommendation in September by EMA's CHMP advisory committee

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