New safety risk for MorphoSys drug could complicate Novartis deal - STAT (update)

Apr. 29, 2024 7:06 AM ETMorphoSys AG (MOR) Stock, NVS StockBy: Joshua Fineman, SA News Editor5 Comments
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Update 7:05am: Adds shares, MorphoSys statement.

A new safety risk related to Morphosys's (NASDAQ:MOR) pelabresib, an experimental treatment for myelofibrosis, could complicate the company's planned $3B sale to Novartis (NYSE:NVS). MorphoSys shares fell 1.5% in premarket trading.

“Physicians involved with MorphoSys’ completed Phase 3

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