MorphoSys achieved revenues of EUR 33.5 million (2004: EUR 22.0 million) and a reported net income of EUR 4.7 million (2004: EUR 0.3 million).
The Company's most recent financial guidance forecasted revenues of EUR 31.5 million and net income of EUR 3.5 million. The higher revenue amount and net income-related effect resulted from factors including an earlier than planned succession of performance-based payments within existing collaborations, which was achieved shortly prior to year-end 2005.
All numbers reported today are unaudited and preliminary. MorphoSys will publish its audited financial statements on February 24, 2006.