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'Challenging Market' Leads MorphoSys to Cut Preclinical R&D, Turn Focus to Cancer

MorphoSysโ€™s emphasis on its clinical-stage cancer programs puts the spotlight on a myelofibrosis drug candidate from its 2021 acquisition of Constellation Pharmaceuticals. That small molecule could compete against drug candidates from GSK and Merck.
United Kingdom Jean Paul Kress Constellation Pharmaceuticals Germany Based Morphosys Massachusetts Based Constellation Pharmaceuticals Paul Kress

MorphoSys to buy Constellation Pharma in a $1.7B bet on epigenetic cancer drugs

MedCity News MorphoSys to buy Constellation Pharma in a $1.7B bet on epigenetic cancer drugs MorphoSys is acquiring Constellation Pharmaceuticals and its late-stage myelofibrosis drug in a deal that values the epigenetics biotech at $1.7 billion. Germany-based MorphoSys will finance the acquisition with cash from a separate $2 billion deal with drug royalty acquirer Royalty Pharma. Shares0 ย  MorphoSys, a biotech that has spent much of its three-decade history developing drugs that ended up a...
United States United Kingdom Constellation Pharmaceuticals Germany Based Morphosys Massachusetts Based Constellation Cambridge Based Elizma

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