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Morphic Holding (MORF) delivers innovative oral integrin therapies targeting chronic diseases through advanced small molecule research. This news hub provides investors and industry professionals with essential updates on clinical developments, regulatory milestones, and strategic initiatives.
Access verified information about MORF-057 clinical trials, partnership announcements, and financial disclosures. Our curated collection ensures you stay informed about Morphic's progress in transforming autoimmune and inflammatory disease treatments through its proprietary MInT technology platform.
Discover press releases covering key areas: clinical trial results, research collaborations, regulatory filings, and financial performance. Bookmark this page for real-time updates on Morphic's pipeline advancements and scientific breakthroughs in oral integrin therapeutics.
Morphic Therapeutic (Nasdaq: MORF) reported its Q2 2022 financial results, showcasing a net income of $26.8 million ($0.68 per share) versus a loss of $27.8 million ($0.77 per share) in the previous year. Revenue surged to $60.2 million, primarily due to collaboration revenue from AbbVie. The company is currently progressing with the EMERALD-1 phase 2a trial for MORF-057 in ulcerative colitis and has extended its cash runway into the second half of 2025, with $397.6 million in cash and equivalents as of June 30, 2022. Key leadership appointments were also announced.
Morphic Therapeutic (Nasdaq: MORF), a biopharmaceutical company focused on oral integrin therapies for chronic diseases, announced a presentation by President Bruce Rogers, Ph.D., at the Jefferies Global Healthcare Conference on June 9, 2022, at 2:00 PM ET. The event will be streamed live on Morphic's investor website, with an archived replay available afterward. Morphic is collaborating with industry leaders like AbbVie and Janssen to advance its pipeline using its proprietary MInT technology platform, targeting conditions such as autoimmune diseases, cardiovascular issues, and cancer.
Morphic Therapeutic has appointed Joanne Gibbons as Senior Vice President of Regulatory Affairs, bringing nearly 25 years of experience from notable companies like Codiak Biosciences and Biogen. This strategic hire comes as the company advances its clinical programs, including MORF-057 for ulcerative colitis, which is currently in Phase 2 studies. Gibbons is expected to leverage her regulatory expertise to help drive the development of Morphic's oral integrin therapies across various therapeutic areas. The company collaborates with major partners like AbbVie and Janssen.
Morphic Therapeutic (MORF), a biopharmaceutical company focused on oral integrin therapies, announced that its management team will participate in a fireside chat at RBC Capital Markets on May 18 at 8:00 AM ET. A live webcast will be accessible on the Investor section of Morphic’s website, with an archived replay available post-conference. Morphic is advancing its pipeline through collaborations with AbbVie, Janssen, and Schrödinger, utilizing its proprietary MInT technology platform to target serious chronic diseases, including autoimmune and metabolic conditions.
Morphic Therapeutic (Nasdaq: MORF) has announced the appointment of Dr. Bruce Rogers as President and Dr. Blaise Lippa as Chief Scientific Officer. Dr. Rogers, previously the Chief Scientific Officer, has played a crucial role in developing Morphic's MInT discovery platform. Dr. Lippa, who was leading Molecular Discovery, will now oversee all discovery research. The company focuses on developing oral integrin therapies for chronic diseases and is advancing the candidate MORF-057 for inflammatory bowel disease.
Morphic Therapeutic (Nasdaq: MORF) has initiated the EMERALD-1 phase 2a trial for MORF-057 in moderate to severely active ulcerative colitis (UC) patients. The study aims to enroll up to 35 patients, with results expected to enhance understanding of α4β7-expressing immune cells and MORF-057's dose-response. Morphic ended Q1 2022 with $381 million in cash, enough to fund operations through 2024. However, the company reported a net loss of $31.5 million for the quarter, higher than the previous year's loss of $21.3 million, and a revenue decline from $3.3 million to $2.4 million.
Morphic Therapeutic (Nasdaq: MORF) announced key leadership changes, appointing Dr. Brihad Abhyankar as Vice President of Clinical Development and promoting Aaron Pelta to Senior Vice President, Business and Corporate Development. Dr. Abhyankar brings over 20 years of experience, particularly in developing treatments for inflammatory bowel disease (IBD). His expertise will support the global clinical expansion of MORF-057, targeting ulcerative colitis. Pelta will enhance Morphic's commercial strategy and clinical portfolio development, essential for advancing their MInT technology platform.
Morphic Therapeutic (Nasdaq: MORF), a biopharmaceutical company specializing in oral integrin therapies, announced that COO and CFO Marc Schegerin, M.D. will join a panel on "Novel Approaches Tackling Autoimmune Conditions" at the BMO Biopharma Spotlight Series on April 6, 2022. The event will focus on innovative strategies for addressing autoimmune diseases. Morphic is collaborating with prominent companies like AbbVie and Janssen to advance their pipeline using the proprietary MInT technology platform, aimed at treating chronic diseases including autoimmune disorders, cardiovascular issues, and cancer.
Morphic Therapeutic (MORF) announced the initiation of the EMERALD-1 study, a Phase 2a trial for MORF-057, an oral inhibitor targeting α4β7 integrin, aimed at treating moderate to severe ulcerative colitis. This trial will involve 35 patients and assess efficacy, safety, and tolerability over 52 weeks. The primary endpoint is the change in Robarts Histopathology Index after 12 weeks. EMERALD-2, a global Phase 2b trial, is also set to commence mid-2022, potentially expanding treatment options for over 1 million U.S. patients suffering from inflammatory bowel disease (IBD).
Morphic Therapeutic (Nasdaq: MORF) announced that its President and CEO, Praveen Tipirneni, M.D., will participate in a virtual panel on gastrointestinal and microbiome topics at the 42nd Annual Cowen Healthcare Conference on March 9th at 10:30 AM ET. The event will be accessible via live webcast on the company's investor website, with a replay available afterward. Morphic is focused on developing oral integrin therapies for serious chronic diseases, partnering with AbbVie, Janssen, and Schrödinger, and utilizing its proprietary MInT technology platform.
