MOR MorphoSys AG

DGAP-News: MorphoSys Concludes a US$ 100 Million Capital Increase to Implement the Purchase of 1,337,552 shares by Royalty Pharma

DGAP-News: MorphoSys AG / Key word(s): Capital Increase
MorphoSys Concludes a US$ 100 Million Capital Increase to Implement the Purchase of 1,337,552 shares by Royalty Pharma

16.07.2021 / 19:22
The issuer is solely responsible for the content of this announcement.


Media Release

MorphoSys Concludes a US$ 100 Million Capital Increase to Implement the Purchase of 1,337,552 shares by Royalty Pharma

MorphoSys AG (FSE: MOR; NASDAQ: MOR) ("MorphoSys") today announced that its Management Board, with the approval of the Supervisory Board, has passed a resolution to increase the share capital of MorphoSys AG by issuing 1,337,552 new ordinary shares from the Authorized Capital 2021-II, excluding pre-emptive rights of existing shareholders, to implement the purchase of 1,337,552 new ordinary shares by Royalty Pharma Investments 2019 ICAV, a subsidiary of Royalty Pharma plc (NASDAQ: RPRX) ("Royalty Pharma"). The new ordinary shares represent 3.9% of the registered share capital of MorphoSys following the capital increase.

"We're pleased that Royalty Pharma is taking an equity position in MorphoSys as part of the long-term strategic finance partnership the two companies entered into this year," said Sung Lee, Chief Financial Officer of MorphoSys.

Royalty Pharma's share purchase in the aggregate amount of US$ 100 million is part of the funding agreement with MorphoSys for the now completed acquisition of Constellation Pharmaceuticals; the agreement has become effective upon the completion of the merger on 15 July 2021. Royalty Pharma has purchased the 1,337,552 new ordinary shares at a price of € 63.35 per share, the volume-weighted average price of MorphoSys shares five trading days on the Frankfurt Stock Exchange (Xetra) prior to the merger, representing a premium of 12.1% to today's closing market price on the Frankfurt Stock Exchange (Xetra). The new MorphoSys shares will be listed on the Frankfurt Stock Exchange. Royalty Pharma has agreed, subject to limited exceptions, not to sell or otherwise transfer any of the new ordinary shares for a period of twelve months.

About MorphoSys
MorphoSys (FSE & NASDAQ: MOR) is a biopharmaceutical company dedicated to the discovery, development and commercialization of innovative therapies for people living with cancer and autoimmune diseases. Based on its leading expertise in antibody and protein technologies, MorphoSys is advancing its own pipeline of new drug candidates and has created antibodies that are developed by partners in different areas of unmet medical need. In 2017, Tremfya(R) (guselkumab) - developed by Janssen Research & Development, LLC and marketed by Janssen Biotech, Inc. for the treatment of plaque psoriasis - became the first drug based on MorphoSys' antibody technology to receive regulatory approval. In July 2020, the U.S. Food and Drug Administration granted accelerated approval of the company's proprietary product Monjuvi(R) (tafasitamab-cxix) in combination with lenalidomide in patients with a certain type of lymphoma. Headquartered near Munich, Germany, the MorphoSys Group, including the fully owned U.S. subsidiaries MorphoSys US Inc. and Constellation Pharmaceuticals, Inc., has more than 750 employees. For more information visit or -us.com.

Monjuvi(R) is a registered trademark of MorphoSys AG.
Tremfya(R) is a registered trademark of Janssen Biotech, Inc.

Forward Looking Statements

This communication contains certain forward-looking statements concerning the MorphoSys group of companies. The forward-looking statements contained herein represent the judgment of MorphoSys as of the date of this release and involve known and unknown risks and uncertainties, which might cause the actual results, financial condition and liquidity, performance or achievements of MorphoSys, or industry results, to be materially different from any historic or future results, financial conditions and liquidity, performance or achievements expressed or implied by such forward-looking statements. In addition, even if MorphoSys' results, performance, financial condition and liquidity, and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods. Among the factors that may result in differences are that MorphoSys' expectations may be incorrect, the inherent uncertainties associated with competitive developments, clinical trial and product development activities and regulatory approval requirements, MorphoSys' reliance on collaborations with third parties, estimating the commercial potential of its development programs and other risks indicated in the risk factors included in MorphoSys' Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. MorphoSys expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements, unless specifically required by law or regulation.

MorphoSys Contacts

Investor Contact
Dr. Julia Neugebauer
Senior Director
Tel: +49 (0)89 / 899 27 179

Myles Clouston
Senior Director
Tel:

Media Contact
Thomas Biegi
Vice President
Tel.: +49 (0)89 / 89927 26079

Jeanette Bressi
Director, US Communications
Tel:



16.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: MorphoSys AG
Semmelweisstr. 7
82152 Planegg
Germany
Phone: +49 (0)89 899 27-0
Fax: +49 (0)89 899 27-222
E-mail:
Internet:
ISIN: DE0006632003
WKN: 663200
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Nasdaq
EQS News ID: 1219725

 
End of News DGAP News Service

1219725  16.07.2021 

fncls.ssp?fn=show_t_gif&application_id=1219725&application_name=news&site_id=research_pool
EN
16/07/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on MorphoSys AG

Thomas J. Schiessle
  • Thomas J. Schiessle

BRAIN goes MorphoSys - Royalty Pharma kauft BioIncubator Projekt Deucr...

Erstmals gelingt die „Monetarisierung des BioIncubators“ (€ 129 Mio.- backend loaded - für globale Lizenzrechte am Phase II/III-HAE-Therapeutikum Deucricitibant (Pharvaris (NASDAQ: PHVS) + kurzfristiger € 9,0 Mio.-MS) kurz vor Ende FY 23-24. Die Finanzierung des Wachstums ist damit nicht mehr limitierender Faktor. Es folgt die BNN-Pipeline Fokussierung auf Lebensmittel, Getränke, Life Science.

 PRESS RELEASE

EQS-News: Squeeze-Out der Minderheitsaktionäre von MorphoSys auf Haupt...

EQS-News: MorphoSys AG / Schlagwort(e): Hauptversammlung Squeeze-Out der Minderheitsaktionäre von MorphoSys auf Hauptversammlung 2024 beschlossen 27.08.2024 / 16:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pressemitteilung Planegg/München, Deutschland, 27. August 2024   Squeeze-Out der Minderheitsaktionäre von MorphoSys auf Hauptversammlung 2024 beschlossen Die MorphoSys AG gab heute bekannt, dass die Aktionärinnen und Aktionäre des Unternehmens auf der ordentlichen Hauptversammlung 2024 allen Beschlussvorschlägen des Vorsta...

 PRESS RELEASE

EQS-News: Merger Squeeze-Out of MorphoSys Minority Shareholders Approv...

EQS-News: MorphoSys AG / Key word(s): AGM/EGM Merger Squeeze-Out of MorphoSys Minority Shareholders Approved at 2024 Annual General Meeting 27.08.2024 / 16:00 CET/CEST The issuer is solely responsible for the content of this announcement. Media Release Planegg/Munich, Germany, August 27, 2024   Merger Squeeze-Out of MorphoSys Minority Shareholders Approved at 2024 Annual General Meeting MorphoSys AG today announced that its shareholders approved all resolutions proposed by the company’s Management Board and Supervisory Board at its 2024 Annual General Meeting. This inc...

 PRESS RELEASE

EQS-News: MorphoSys schließt freiwilliges Delisting von der Frankfurte...

EQS-News: MorphoSys AG / Schlagwort(e): Delisting MorphoSys schließt freiwilliges Delisting von der Frankfurter Wertpapierbörse und dem Nasdaq Global Market ab 05.08.2024 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pressemitteilung Planegg/München, Deutschland, 5. August 2024   MorphoSys schließt freiwilliges Delisting von der Frankfurter Wertpapierbörse und dem Nasdaq Global Market ab  Die MorphoSys AG hat heute bekannt gegeben, dass sie die freiwillige Beendigung der Börsennotierung ihrer Aktien an der Frankfurter We...

 PRESS RELEASE

EQS-News: MorphoSys Completes Voluntary Delisting from the Frankfurt S...

EQS-News: MorphoSys AG / Key word(s): Delisting MorphoSys Completes Voluntary Delisting from the Frankfurt Stock Exchange and Nasdaq Global Market 05.08.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Media Release Planegg/Munich, Germany, August 5, 2024   MorphoSys Completes Voluntary Delisting from the Frankfurt Stock Exchange and Nasdaq Global Market   MorphoSys AG today announced that it has completed the voluntary delisting of its shares from the Frankfurt Stock Exchange and its American Depositary Shares (“ADSs”) from ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch