Morphic Holding Inc
NASDAQ:MORF
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Morphic Holding Inc
Accounts Payable
Morphic Holding Inc
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
Morphic Holding Inc
NASDAQ:MORF
|
Accounts Payable
$7m
|
CAGR 3-Years
10%
|
CAGR 5-Years
19%
|
CAGR 10-Years
N/A
|
|
|
Abbvie Inc
NYSE:ABBV
|
Accounts Payable
$34.7B
|
CAGR 3-Years
11%
|
CAGR 5-Years
11%
|
CAGR 10-Years
23%
|
|
|
Gilead Sciences Inc
NASDAQ:GILD
|
Accounts Payable
$715m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-5%
|
|
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Amgen Inc
NASDAQ:AMGN
|
Accounts Payable
$20.9B
|
CAGR 3-Years
137%
|
CAGR 5-Years
71%
|
CAGR 10-Years
36%
|
|
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Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
Accounts Payable
$3.9B
|
CAGR 3-Years
134%
|
CAGR 5-Years
91%
|
CAGR 10-Years
48%
|
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Regeneron Pharmaceuticals Inc
NASDAQ:REGN
|
Accounts Payable
$6.8B
|
CAGR 3-Years
126%
|
CAGR 5-Years
70%
|
CAGR 10-Years
47%
|
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Morphic Holding Inc
Glance View
Morphic Holding Inc. is a biotech firm paving new roads in the world of medicine by focusing on integrins, a class of proteins that are critical in various cellular processes but have long eluded effective therapeutic targeting. Born from the fertile intellectual fields of Harvard, Morphic was fueled by decades of research in integrin science, spearheaded by scientific luminaries like Professor Timothy A. Springer. The company's mission is to create oral integrin therapies—drugs that manipulate these proteins to treat conditions such as fibrosis, autoimmune diseases, and cancer. The unique approach involves leveraging structural biology and advanced chemistry to develop small molecule inhibitors, which are orally available, as opposed to the biologics traditionally used in targeting integrins. This innovation is an answer to the persistent demand for more patient-friendly treatments, which could potentially revolutionize the way certain chronic conditions are managed. Morphic makes its financial strides through strategic partnerships and collaborations with major pharmaceutical companies that see promise in their cutting-edge technology. These alliances support Morphic not only with direct funding but also through developmental milestones and subsequent royalties from the commercial success of any approved therapies. A key partnership with AbbVie, for example, underscores the potential seen in Morphic's pipeline, particularly in addressing immuno-inflammatory diseases. Furthermore, by continually advancing its proprietary MORF-057 and other candidates through clinical trials and regulatory pathways, Morphic aims to bring their innovative solutions to market. It's this blend of visionary science with pragmatic business acumen, underlined by robust intellectual property and productive alliances, that shapes Morphic's strategy in carving out a niche in the competitive biotech landscape.
See Also
What is Morphic Holding Inc's Accounts Payable?
Accounts Payable
7m
USD
Based on the financial report for Jun 30, 2024, Morphic Holding Inc's Accounts Payable amounts to 7m USD.
What is Morphic Holding Inc's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
19%
Over the last year, the Accounts Payable growth was 90%. The average annual Accounts Payable growth rates for Morphic Holding Inc have been 10% over the past three years , 19% over the past five years .