No insider purchase over the last 90 days. The latest was filed 15 Nov 2023.
Morphic Holding, Inc., classified in the Healthcare & Pharma sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). No insider at Morphic Holding, Inc. has published a filing in the past twelve months. The most recent one dates from 21 August 2024.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2023 · cache
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Morphic Holding, Inc. was a U.S.-based biopharmaceutical company that traded on the NASDAQ under the ticker MORF until its acquisition by Eli Lilly, which closed on August 16, 2024. The company was founded in August 2014 and was headquartered in Waltham, Massachusetts, United States. From an equity-research perspective, Morphic fit the classic clinical-stage biotechnology profile: its valuation was driven primarily by platform potential, intellectual property, and clinical progress rather than recurring commercial revenue.
Morphic’s core business centered on its proprietary MInT (Morphic Integrin Technology) platform. The platform was built on the company’s scientific understanding of integrin structure and function, with the goal of discovering and developing oral small-molecule integrin therapeutics. This is an important differentiator in drug development because many integrin-based therapies have historically been biologics or otherwise non-oral. Morphic’s strategy was to create highly selective, potent candidates with pharmaceutical properties suitable for oral administration, which could improve convenience and potentially broaden patient access.
The company’s lead program was MORF-057, a selective oral α4β7 integrin inhibitor being developed for inflammatory bowel disease, including ulcerative colitis and Crohn’s disease. In its public filings and investor communications, Morphic positioned the asset as part of a broader push into serious chronic inflammatory diseases, with additional pipeline opportunities potentially extending to other integrin targets. As a result, the market viewed Morphic as a focused immunology and gastroenterology biotech with a platform-based pipeline rather than a one-drug story.
Historically, Morphic evolved from a private research organization into a public company that spent much of its life building its scientific platform, raising capital, protecting intellectual property, and advancing preclinical and clinical programs. The company was originally formed in Delaware in August 2014, and later reorganized into Morphic Holding, Inc. in December 2018. That history matters for investors because it underscores the long development cycle and capital intensity typical of biotech names listed on the NASDAQ in the United States.
Competitively, Morphic operated in the integrin-therapeutics niche, an area with well-established biology but limited oral small-molecule options. Its edge came from a combination of scientific expertise, platform design, and the strategic appeal of oral dosing in chronic diseases. That made the company attractive to larger pharmaceutical groups looking to expand immunology pipelines.
The most important recent corporate event was Eli Lilly’s acquisition announcement in July 2024 and the successful closing in August 2024 at $57.00 per share in cash. Since then, Morphic has ceased to exist as an independent public equity, but its business profile remains highly relevant for understanding the legacy value of its platform, pipeline, and insider activity that preceded the transaction.
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2023 | 521,000 USD | -152.1 m USD | -3.59 USD | 0.00 USD | 10-K |
| Dec 2022 | 70.8 m USD | -59.0 m USD | -1.55 USD | 0.00 USD | 10-K |
| Dec 2021 | 19.8 m USD | -95.5 m USD | -2.67 USD | 0.00 USD | 10-K |
| Dec 2020 | 44.9 m USD | -45.0 m USD | -1.47 USD | n.d. | 10-K |
| Dec 2019 | 17.0 m USD | -43.3 m USD | -2.69 USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.