Morphic Therapeutic Newsroom

AbbVie and Morphic Therapeutic Announce Collaboration Targeting Fibrotic Diseases

Collaboration leverages Morphic’s unique platform for developing oral integrin drugs and AbbVie’s global development and commercialization capabilities

NORTH CHICAGO, Ill. and WALTHAM, Mass. – October 18, 2018 – AbbVie (NYSE: ABBV), a research-based global biopharmaceutical company, and Morphic Therapeutic, a biotechnology company developing oral integrin therapies, announced today that the companies have entered into a research and development collaboration designed to advance a number of Morphic’s oral integrin therapeutics for fibrosis-related indications.

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Morphic Therapeutic Announces $80 Million Financing to Advance Next-Generation Oral Integrin Therapeutics through Clinical Proof of Concept

Series B financing led by Omega Funds and Novo Holdings

Financing to enable the initiation of IND-enabling and clinical studies in 2019

WALTHAM, Mass. – September 25, 2018 – Morphic Therapeutic, a biotechnology company developing a new generation of oral integrin therapies, announced today that it has completed a $80 million Series B financing to fund its two lead programs through clinical proof of concept, and to advance multiple other programs into the clinic.

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HiPO Expert Answer RoundUp

This question was submitted during the Morphic Therapeutic HiPO class Nov 2017.

QUESTION:

As a chemist coming out of graduate school, what are the type of experiences that I should be looking for in my 1st few years in industry?

As a chemist coming out of grad school, you want to learn about medicinal chemistry. There are a few good courses one could take that will give you the basics. The Residential School on Medicinal Chemistry and Biology in Drug Discovery at Drew University and the Medicinal Chemistry Gordon Research Seminar are two of them. As good as these courses can be, they are not going to replace the experience you are going to get from working within your company …

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See inside the Gatehouse BioHub: No other labs in all of BioPharma are as deeply integrated

Integration between biotech and Big Pharma has never before looked like this.
Both Astra Zeneca and Morphic Therapeutic decided to forego an originally planned divider wall. As far as we know, this creates the 1st completely integrated labs between Big Pharma and Biotech leading to valued personal interaction; and sharing of ideas, equipment, and resources.

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