Posted on Apr 1, 2019 by Morphic Therapeutic
Drawing on integrin biology breakthroughs from the lab of noted entrepreneur and scientific founder Tim Springer, Morphic has developed an exclusive platform to build on these discoveries, complemented by a partnership with computational chemistry leader Schrödinger, Inc., that facilitates the rapid and iterative design of clinical candidates.
Morphic was created in 2015 with support from Timothy Springer, PhD, Polaris Partners, Schrödinger Inc., and ShangPharma and raised $51.5M in 2016 from top tier investors.
In September 2018, Morphic Therapeutic completed an $80 million Series B financing round to advance multiple programs into the clinic.
Last October, we announced a collaboration with AbbVie on a subset of our fibrosis programs. Under the terms of the agreement, AbbVie paid Morphic an upfront payment of $100 million for exclusive license options on product candidates directed at multiple targets. Morphic retains co-development rights in liver indications. Integrins are involved in multiple disease areas, including inflammation, fibrosis, vascular diseases and cancer, and inhibitors are clinically validated.
The combination of Morphic's deep integrin expertise with your skills will enable a rapid path to novel and effective drugs for both orphan and blockbuster indications.
In addition, we recently announced that it has entered into a research and development collaboration with Janssen Biotech, Inc. (Janssen) to discover and develop novel integrin therapeutics for patients with conditions not adequately addressed by current therapies. Johnson & Johnson Innovation LLC facilitated the transaction. The collaboration focuses on several undisclosed integrin targets and will explore both inhibitors and activators of integrin function.
Under the terms of the agreement, the companies will collaborate through preclinical development to identify and advance candidates. Morphic is located in the AstraZeneca BioHub in Waltham, MA. We seek a highly talented and motivated individual to join our culture of teamwork, craftsmanship, tenacity, compassion, and integrity. Job description Morphic Therapeutic is seeking a highly energetic and organized individual to manage operations of the labs at Morphic Therapeutic. The candidate must be self-motivated and able to interact and communicate with multiple lab members. Comfort working in a lab setting is essential. Category: Science , Keywords: Chemical Laboratory Manager