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12 Oct 2010

Morphosys and Proteros Biostructures Receive Research Grant to Develop New Technology Platform for Structure-Based Engineering o

MorphoSys AG and Proteros Biostructures have been awarded a grant by the German Federal Ministry of Education and Research, BMBF.

MorphoSys AG and Proteros Biostructures have been awarded a grant by the German Federal Ministry of Education and Research, BMBF. The funding of approximately €850,000 supports both companies in establishing a new technology platform for efficient structural characterization of antibody-antigen-complexes. MorphoSys will provide relevant antigen and antibody molecules, Proteros will provide advanced X-ray technology and computational chemistry know-how. The high resolution access to antibody-antigen-complex structures is expected to allow a faster and more efficient engineering of therapeutic antibodies. The programme is part of Munich's biotechnology initiative "m4 — Personalized Medicine and Targeted Therapies — A New Dimension in Drug Development in the Munich Region," which this year received Leading-Edge Cluster status in a German government funding competition.

In the first project, the two companies will analyse MorphoSys's proprietary

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