MorphoSys AG Reports First Quarter 2024 Financial Results [Yahoo! Finance]
MorphoSys AG - American Depositary Shares (MOR)
Company Research
Source: Yahoo! Finance
– Received all mandatory antitrust approvals for the proposed acquisition by Novartis – Shareholder acceptance period for the Novartis offer has commenced and will end on May 13, 2024, at 24:00 hours CEST – Sold all tafasitamab rights worldwide to Incyte – € 631.9 million in cash and other financial assets as of March 31, 2024 PLANEGG/MUNICH, Germany, April 29, 2024 BUSINESS WIRE )--MorphoSys AG (FSE: MOR; NASDAQ: MOR) reports results for the first quarter of 2024. "The proposed acquisition by Novartis is advancing steadily, and we continue to anticipate its closure in the first half of 2024. The acceptance period for the acquisition is currently underway, and both our Management Board and Supervisory Board unanimously recommend that our shareholders accept the offer and tender their shares given the highly attractive and equitable offer price," said Jean-Paul Kress, M.D., Chief Executive Officer of MorphoSys. "Utilizing its extensive resources, broad scientific experience
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