Outlook
The Company’s most recent guidance was given in February 2009. The Company estimates full-year 2009 Group revenues between € 80 million and € 85 million, and an operating profit of € 8 million to € 11 million, including investments in technology and product development in the amount of € 18 million to € 20 million (2008: € 7.7 million). At the occasion of the reporting of the financial results of the first three months of 2009, MorphoSys reconfirmed full year guidance.
