MorphoSys Raises '06 Revenue Guidance 4 Percent on Fatter Alliance Outlook | GenomeWeb
NEW YORK (GenomeWeb News) – MorphoSys raised its financial guidance for 2006, saying new collaborations would bump up revenues to €52 million ($66 million).
 
New collaborations and an extended collabration with Novartis would add €2 million to the expected 2006 revenue of €50 million.
 
The company also expects to lower expenses to €46 million from €49 million.

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