MorphoSys and partners drop MOR106 development for atopic dermatitis
Germany’s MorphoSys (FSE: MOR) and Belgium’s Galapagos (Euronext: GLPG) today announced the end of the clinical development program of MOR106 in atopic dermatitis.
The joint decision of all three involved parties, Galapagos, MorphoSys and Novartis (NOVN: DE), was based on an interim analysis for futility that was performed in the Phase II GUANA trial. The analysis detected a low probability to meet the primary endpoint of the study, defined as the percentage change in the eczema area and severity index (EASI) score. The decision was based on a lack of efficacy and not on safety concerns.
Despite the announcement, MorphoSys shares were up more than 2% at 97.05 euros, and Galapagos gained 1.97% to 162.85 euros.
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