MorphoSys and G7 Therapeutics sign alliance for GPCR-targeting technology
German biotech firm MorphoSys (FSE: MOR) and Zurich, Switzerland-based start-up G7 Therapeutics have entered into an agreement to collaborate on novel antibody therapeutics that target G protein-coupled receptors (GPCRs) and potentially other disease-related transmembrane proteins, such as ion channels.
Under the terms of the accord, G7 Therapeutics will generate a set of disease-relevant receptors proposed by MorphoSys. MorphoSys will then apply its proprietary Ylanthia antibody library to discover and develop antibody therapeutics against these receptors. MorphoSys has the right to sub-license third parties with access to these targets in conjunction with therapeutic antibody candidates. No financial terms of the deal were disclosed.
Promising addition to pipeline
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