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MorphoSys Gets $70M for Abd Serotec Unit; Focusing on R&D

By Cormac Sheridan
Staff Writer

Tuesday, December 18, 2012
Six years after building an acquisition-led position in the research and diagnostic antibody space, MorphoSys AG is exiting the field, via a €53 million (US$69.7 million) cash sale of its Abd Serotec unit to Bio-Rad Laboratories Inc.

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