MARTINSRIED, Germany, Oct. 25, 2007 (PRIME NEWSWIRE) -- MorphoSys AG (Frankfurt:MOR) (Prime Standard Segment, TecDAX) today reported financial results according to IFRS for the third quarter and the first nine months ended September 30, 2007. In the third quarter, total Group revenues increased by 24% to EUR 15.5 million (Q3 2006: EUR 12.5 million), and year-to-date revenues increased by 13% to EUR 44.1 million (Nine Months 2006: EUR 39.0 million). During the first nine months of 2007, the operating profit amounted to EUR 6.9 million (Nine Months 2006: EUR 7.8 million). MorphoSys’s cash position amounted to EUR 105.0 million at the end of the third quarter of 2007, compared to EUR 66.0 million at year-end 2006.
