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MorphoSys Says Novartis Deal Progressing Steadily Despite Safety Concerns Over Bone Marrow Cancer Drug, Pelabresib - MorphoSys (NASDAQ:MOR), Novartis (NYSE:NVS)

MorphoSys faces safety concerns over pelabresib, a myelofibrosis treatment. Physicians report patients transitioning rapidly to acute myeloid leukemia. FDA alerted. Novartis acquisition proceeds despite setbacks. ....

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Novartis target Morphosys multiplies losses - takeover schedule stands

Drug discovery company Morphosys, which is about to be taken over by Novartis, has slipped deep into the red at the beginning of the year. On balance, the loss from continuing operations in the first. ....

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