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MorphoSys AG Investor Presentation 2010

May 19, 2010

291_ip_2010-05-19_521d81c1-bda8-40a6-b4bd-e6b490e01b85.pdf

Investor Presentation

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Bio€q y uit Europe 2010

Zurich – May 19, 2010

This presentation includes forward forward-looking statements. looking

Actual results could differ materially from those included in the forward-looking statements due to various risk factors and uncertainties including changes in business, economic competitive conditions regulatory reforms foreign exchange rate fluctuations and the conditions, reforms, the availability of financing.

These and other risks and uncertainties are detailed in the Company's Annual Report.

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HuCALPLATINUM: Technology p Leadership

Modular gene design & construction

  • HuCAL (Human Combinatorial Antibody Library)
  • Antibodies are fully human are
  • HuCAL PLATINUM launched in December 2008
  • Unique, built-in optimization capabilities
  • Robust intellectual property position

Optimization of antibodies delivers superior drug candidates

Current Product Pipeline

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* Includes cancer, inflammatory, autoimmune, infectious, musculoskeletal & central nervous system diseases

n.d. – not disclosed

Partnership yp p g s: Typical Terms per Program

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Partnered Business: Projected HuCAL Drugs on the Market

Source: MorphoSys internal statistics & Tufts Centre for the Study of Drug Development

MOR103Proprietary Inflammation Program

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  • Secondary outcome measures: DAS28, ACR score set measures and EULAR28 response criteria, cytokines, synovitis, bone edema, pharmacokinetics, immunogenicity and patient reported outcomes up to 16 weeks
  • Stable regimen of concomitant RA therapy (including anti-TNFs)
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MOR202 –Development Plan

  • Manufacturing of clinical grade material completed according to plan
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  • File CTA in Q4 2010
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  • Sharpened competitive profile
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  • C titi d t Competitive advantage: Tox speci il bl ( ies available (cross-reacti it t tivity to non-h i t) b t human primate), robust development plan
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Number of Partnered and Proprietary Programs at Year-end

Clinical Antibody Pipeline is a Key Value Driver

Opp j ortunities in Two Major Markets

  • Serving research market via catalog comprising over 13,000 products pg ,p industry
  • Building on reputation for quality

  • Drive uptake of HuCAL in diagnostic dust y

  • Exploit opportunities to create truly differentiated products

AbD Serotec –Future Prospects

  • Continue executing the strategy
  • Intensify penetration of Dx market 25 y p
  • Keep investing in organization
  • Expand geographically
  • Strengthen direct sales force in Europe 18.2
  • Tighten distributor network
  • Mid- to long-term plan includes build-up of Asian sales team
  • Financials: Above market top-line growth, continuously improve margins
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Increase of total proprietary R&D investment to € 26 – 29 million (2009: € 19.3 million)

2011 – 2012

  • Aiming for 10% - 20% annual revenue growth
  • Maintain profitability while strengthening pipeline pipeline

Shareholder Structure and Key Financials

Key Financials

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Cash, Cash Equivalents and Available-for-sale Financial Assets as of March 31, 2010:

€ 147 3 illi 147.3 million

Goals 2010

Future Value Creation

Thank You.

www.morphosys.com

Dr. Claudia Gutjahr-Löser

Head of Corporate Communications & IR

Phone +49 ( ) 0 89 / 899 27-122 Fax +49 (0)89 / 899 27-5122 Email [email protected]