Private company
Morphic Holding, Inc.
In its 2024 annual report the company says: “We are a biopharmaceutical company applying our proprietary insights into integrins to discover and develop a pipeline of potentially first-in-class oral small molecule integrin therapeutics. We are advancing our pipeline, including our lead product candidate, MORF-057, an orally administered α4β7-specific integrin inhibitor affecting inflammation, into clinical development for the treatment of inflammatory bowel disease, or IBD, an indication for which there is significant unmet need.”5 It is headquartered in Waltham, United States.2
Last updated Oct 21, 2026.
Overview
- IndustryPharmaceutical Preparations2
- HeadquartersWaltham, United States2
- Incorporated inDE3
- Business address35 Gatehouse Drive A2, Waltham, Ma 024513
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI549300RWWOUFLHTY12242
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 55902142
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We are a biopharmaceutical company applying our proprietary insights into integrins to discover and develop a pipeline of potentially first-in-class oral small molecule integrin therapeutics. Integrins are a target class with multiple approved injectable blockbuster drugs for the treatment of serious chronic diseases, including autoimmune, cardiovascular and metabolic diseases, fibrosis and cancer. To date, no oral small molecule integrin therapies have been approved by the U.S. Food and Drug Administration, or FDA. Despite this, we believe our unique platform can unlock the potential to reliably generate high-quality oral molecules against specific integrin targets. The Morphic integrin technology platform, or MInT Platform, was created leveraging our unique understanding of integrin structure and function to develop novel product candidates designed to achieve the potency, high selecti…5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Research and development100¢$140.4M
- Income tax0¢$380.0K
Out of $521.0K in revenue.6 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.4M7 | $17.0M8 | $44.9M9 | $19.8M6 | $70.8M6 | $521.0K6 | |
| Research and development | $22.6M7 | $53.7M8 | $73.6M9 | $87.8M6 | $102.1M6 | $140.4M6 | |
| Operating expenses | $115.6M6 | $134.2M6 | $179.2M6 | ||||
| Operating income | -$24.6M7 | -$47.0M8 | -$47.2M9 | -$95.8M6 | -$63.4M6 | -$178.7M6 | |
| Interest | $43.0K7 | ||||||
| Income before tax | -$95.5M6 | -$59.0M6 | -$151.7M6 | ||||
| Income tax | $07 | $912.0K8 | -$570.0K9 | $06 | $67.0K6 | $380.0K6 | |
| Net income | -$23.8M7 | -$43.3M8 | -$45.0M9 | -$95.5M6 | -$59.0M6 | -$152.1M6 | |
| Earnings per share | -$2.698 | -$1.479 | -$2.676 | -$1.556 | -$3.596 | ||
| Earnings per share (diluted) | -$2.698 | -$1.479 | -$2.676 | -$1.556 | -$3.596 | ||
| Shares (weighted, basic) | 35.8M shares6 | 38.1M shares6 | 42.4M shares6 | ||||
| Shares (weighted, diluted) | 35.8M shares6 | 38.1M shares6 | 42.4M shares6 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $186.2M7 | $185.9M7 | $101.6M12 | $102.0M9 | $171.4M6 | $59.3M6 | $58.6M6 |
| Receivables | $2.3M9 | $455.0K6 | $06 | ||||
| Current assets | $187.1M7 | $243.6M12 | $239.4M8 | $418.3M9 | $362.2M6 | $716.9M6 | |
| Property, plant and equipment | $2.6M9 | $2.1M6 | $2.8M6 | ||||
| Total assets | $189.3M7 | $247.4M12 | $242.4M8 | $426.3M9 | $368.6M6 | $722.5M6 | |
| Accounts payable | $4.8M9 | $3.5M6 | $7.7M6 | ||||
| Current liabilities | $34.9M7 | $35.4M12 | $39.4M8 | $38.3M9 | $17.1M6 | $24.8M6 | |
| Total liabilities | $102.0M7 | $106.5M12 | $97.2M8 | $89.6M9 | $19.5M6 | $25.5M6 | |
| Retained earnings | -$238.1M9 | -$297.1M6 | -$449.2M6 | ||||
| Shareholders’ equity | -$29.7M7 | -$52.6M8 | $140.9M9 | $145.2M6 | $336.7M6 | $349.1M6 | $697.0M6 |
| Shares outstanding | 32.0M shares8 | 37.1M shares9 | 38.6M shares6 | 49.7M shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $76.3M7 | -$41.7M8 | -$46.0M9 | -$83.5M6 | -$101.0M6 | -$112.3M6 | |
| Depreciation and amortization | $1.0M6 | $1.0M6 | $1.1M6 | ||||
| Stock-based compensation | $21.2M6 | $29.0M6 | $40.9M6 | ||||
| Capital spending | $659.0K7 | $2.2M8 | $544.0K9 | $1.0M6 | $365.0K6 | $1.2M6 | |
| Free cash flow | $75.7M | -$43.8M | -$46.5M | -$84.5M | -$101.3M | -$113.6M | |
| Cash from investing | -$113.2M6 | -$56.5M6 | -$341.8M6 | ||||
| Cash from financing | $266.3M6 | $45.3M6 | $453.4M6 | ||||
| Dividend per share | $0.0012 | $0.009 | $0.006 | $0.006 |
Corporate structure
Morphic Holding, Inc. is part of a group headed by Eli Lilly and Company. 164 entities, 54 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Morphic Holding, Inc.
- Point72 Asset Management, L.P. Filed SC 13G/A on Morphic Holding, Inc., latest Nov 14, 2024 (3 filings since Oct 2, 2023)
- FMR LLC Filed SC 13G/A on Morphic Holding, Inc., latest Aug 12, 2024 (4 filings since Feb 9, 2022)
- Wellington Management Company Filed SC 13G/A on Morphic Holding, Inc., latest Aug 7, 2024 (3 filings since Feb 8, 2024)
- EcoR1 Capital, LLC Filed SC 13G on Morphic Holding, Inc., latest May 3, 2024 (4 filings since Feb 14, 2022)
- Artal International S.C.A. Filed SC 13G/A on Morphic Holding, Inc., latest Feb 9, 2024 (3 filings since Feb 11, 2022)
- Polaris Partners VII, L.P. Filed SC 13G/A on Morphic Holding, Inc., latest Feb 9, 2024 (2 filings since Feb 11, 2022)
- BlackRock Filed SC 13G/A on Morphic Holding, Inc., latest Jan 26, 2024 (2 filings since Feb 3, 2023)
- State Street Corporation Filed SC 13G on Morphic Holding, Inc., latest Jan 24, 2024
- Timothy A. Springer Filed SC 13D on Morphic Holding, Inc., latest Oct 18, 2023
- Novo Holdings A/S Filed SC 13D/A on Morphic Holding, Inc., latest Feb 22, 2022 (2 filings since Nov 1, 2021)
- Omega Fund V, L.P. Filed SC 13G/A on Morphic Holding, Inc., latest Feb 14, 2022
- Eli Lilly and Company Indianapolis, Indiana, United States
- Morphic Holding, Inc. Waltham, Massachusetts, United States
- Morphic Security Corporation Subsidiary · Massachusetts, United States
- Eli Lilly (India) Subsidiary · Gurgaon, India
- Eli Lilly (United Kingdom) Subsidiary · Basingstoke, United Kingdom
- ImClone Systems Subsidiary
- Lilly (China) Subsidiary · Shanghai, People's Republic of China
- Lilly France Subsidiary · Neuilly-sur-Seine, France
- Adverum Biotechnologies, Inc. Subsidiary · Delaware, United States
- Adverum NC, LLC Subsidiary · Delaware, United States
- Akouos, Inc. Subsidiary · Delaware, United States
- Alnara Pharmaceuticals, Inc. Subsidiary · Delaware, United States
- Annapurna Therapeutics, Ltd. Subsidiary · Ireland
- Aparito Espanya S.L. Subsidiary · Spain
- Aparito LLC Subsidiary · Delaware, United States
- ARMO Biosciences, Inc. Subsidiary · Delaware, United States
- Avalanche Australia Pty Ltd. Subsidiary · Australia
- Avid Radiopharmaceuticals, Inc. Subsidiary · Delaware, United States
- CoLucid Pharmaceuticals, Inc. Subsidiary · Delaware, United States
- Compania Farmaceutica Eli Lilly de Centro America S.A. Subsidiary · Guatemala
- CPD 4, Inc. Subsidiary · Delaware, United States
- Dermira, Inc. Subsidiary · Delaware, United States
- DICE Alpha Inc. Subsidiary · Delaware, United States
- DICE Molecules SV, Inc. Subsidiary · Delaware, United States
- DICE Therapeutics, Inc. Subsidiary · Delaware, United States
- Disarm Therapeutics Inc. Subsidiary · Delaware, United States
- Dista Ilac Ticaret Limited Sirketi Subsidiary · Turkey
- and 138 more
- Morphic Holding, Inc. Waltham, Massachusetts, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Morphic Holding, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $9.0M6 Dec 31, 2023 | $7.3M6 Dec 31, 2022 | +23.8% |
| Accumulated depreciation | $6.3M6 Dec 31, 2023 | $5.2M6 Dec 31, 2022 | +21.1% |
| Property and equipment, net | $2.8M6 Dec 31, 2023 | $2.1M6 Dec 31, 2022 | +30.6% |
| Operating-lease assets (leased space) | $2.1M6 Dec 31, 2023 | $3.5M6 Dec 31, 2022 | −39.3% |
Investments
Leadership
Who has led Morphic Holding, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerPraveen P. Tipirneni Jun 26, 2019 to Aug 20, 202413
- PresidentPraveen P. Tipirneni Jun 26, 2019 to Aug 20, 202413
- Chief financial officerMarc Schegerin Apr 8, 2020 to Aug 20, 202414
- Chief operating officerMarc Schegerin Apr 8, 2020 to Aug 20, 202414
Board members and other officers (17)
- Chief Medical OfficerPeter Linde Mar 18, 2020 to Sep 17, 202115
- Chief Development OfficerAlexey Lugovskoy Jun 26, 2019 to Nov 12, 202016
- Board memberSusannah Gray Apr 29, 2021 to Aug 20, 202417
- Board memberNisha Nanda Aug 23, 2021 to Jun 5, 202418
- Board memberMartin Edwards Dec 3, 2020 to Aug 21, 202419
- Board memberAmir Nashat Jun 26, 2019 to Aug 20, 202420
- Board memberBarbara Dalton Jun 26, 2019 to Jun 26, 201921
- Board memberGustav Christensen Jun 26, 2019 to Aug 20, 202422
- Board memberJoseph P. Slattery Jun 26, 2019 to Aug 20, 202423
- Board memberNilesh Kumar Jun 26, 2019 to Jun 26, 201924
- Board memberNorbert W. Bischofberger Jun 26, 2019 to Aug 20, 202425
- Board memberOtello Stampacchia Jun 26, 2019 to May 3, 202126
- Board memberPlc Glaxosmithkline Jun 26, 2019 to Jul 2, 201927
- Board memberPraveen P. Tipirneni Jun 26, 2019 to Aug 20, 202413
- Board memberTimothy A. Springer Jun 26, 2019 to Aug 20, 202428
- Board memberVikas Goyal Jun 26, 2019 to Mar 8, 202129
- General counselWilliam Devaul Jun 26, 2019 to Aug 20, 202430
Named in SEC Form D filings
People the company listed in its private-offering notices.
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Morphic Security Corporation Massachusetts4
- Morphic Therapeutic UK Ltd United Kingdom4
- Morphic Therapeutic, Inc. Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Morphic Holding, LLCJul 13, 2016 to Oct 1, 20183
Timeline
- Aug 16, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer32
- Jul 8, 20248-K Entered a material agreement; Other events33
- Jun 5, 20248-K Shareholder vote34
- Apr 26, 20248-K Entered a material agreement; Ended a material agreement35
- Apr 25, 20248-K Results of operations36
- Mar 12, 20248-K Regulation FD disclosure37
- Feb 22, 20248-K Results of operations38
- Jan 12, 20248-K Results of operations; Regulation FD disclosure39
- Jan 3, 20248-K Executive or director change40
- Dec 6, 20238-K Code of ethics changed41
- Nov 3, 20238-K Results of operations; Executive or director change42
- Oct 12, 20238-K Results of operations; Other events43
- Jun 26, 2019New chief executive Praveen P. Tipirneni becomes CEO13
Calendar
When it reported results
- Apr 25, 2024Reported quarterly or annual results36
- Feb 22, 2024Reported quarterly or annual results38
- Jan 12, 2024Reported quarterly or annual results39
- Nov 3, 2023Reported quarterly or annual results42
- Oct 12, 2023Reported quarterly or annual results43
- Aug 3, 2023Reported quarterly or annual results44
- Apr 25, 2023Reported quarterly or annual results45
- Feb 23, 2023Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
222 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 31 major events, 108 insider forms, 26 large holders, 1 private raises, 44 other. The latest 20:
- Nov 14, 2024SC 13G/A MORPHIC HOLDING, INC. EDGAR
- Aug 26, 202415-12G EDGAR
- Aug 21, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 20, 20244 EDGAR
- Aug 16, 2024S-8 POS EDGAR
- Aug 16, 2024S-8 POS EDGAR
- Aug 16, 2024S-8 POS EDGAR
- Aug 16, 2024S-8 POS EDGAR
- Aug 16, 2024S-8 POS EDGAR
The 222 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
43 open-market trades by officers, directors and large owners since October 2021: 3 buys and 40 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 8, 2024 | Rogers BrucePRESIDENT | Sale | 20,000 | $55.79 | $1.1M | Form 4 |
| Jul 8, 2024 | SCHEGERIN MARCCFO and COO | Sale | 43,936 | $55.80 | $2.5M | Form 4 |
| Jul 8, 2024 | Tipirneni Praveen P.President and CEO | Sale | 21,582 | $55.79 | $1.2M | Form 4 |
| Jul 8, 2024 | Farrell Robert E JrSVP Finance and CAO | Sale | 30,272 | $55.80 | $1.7M | Form 4 |
| Jul 8, 2024 | DeVaul WilliamGeneral Counsel and Secretary | Sale | 10,000 | $55.79 | $557.9K | Form 4 |
| Jan 16, 2024 | Tipirneni Praveen P.President and CEO | Sale | 13,923 | $27.49 | $382.7K | Form 4 |
| Jan 16, 2024 | SCHEGERIN MARCCFO and COO | Sale | 6,041 | $27.49 | $166.1K | Form 4 |
| Jan 16, 2024 | Rogers BrucePRESIDENT | Sale | 6,314 | $27.49 | $173.6K | Form 4 |
| Jan 16, 2024 | Farrell Robert E JrSVP Finance and CAO | Sale | 5,089 | $27.49 | $139.9K | Form 4 |
| Jan 16, 2024 | DeVaul WilliamGeneral Counsel and Secretary | Sale | 4,509 | $27.49 | $124.0K | Form 4 |
| Nov 13, 2023 | Edwards MartinDirector | Buy | 2,376 | $20.54 | $48.8K | Form 4 |
| Nov 13, 2023 | SLATTERY JOSEPH PDirector | Buy | 2,400 | $20.60 | $49.4K | Form 4 |
| Sep 7, 2023 | SCHEGERIN MARCCFO and COO | Sale | 20,000 | $54.34 | $1.1M | Form 4 |
| Aug 1, 2023 | Tipirneni Praveen P.President and CEO | Sale | 3,597 | $57.04 | $205.2K | Form 4 |
| Jul 3, 2023 | Tipirneni Praveen P.President and CEO | Sale | 3,597 | $57.04 | $205.2K | Form 4 |
| Jun 12, 2023 | Tipirneni Praveen P.President and CEO | Sale | 840 | $63.01 | $52.9K | Form 4 |
| Jun 7, 2023 | DeVaul WilliamGeneral Counsel and Secretary | Sale | 7,756 | $60.05 | $465.7K | Form 4 |
| Jun 1, 2023 | Tipirneni Praveen P.President and CEO | Sale | 3,597 | $57.14 | $205.5K | Form 4 |
| May 24, 2023 | DeVaul WilliamGeneral Counsel and Secretary | Sale | 100 | $60.00 | $6.0K | Form 4 |
| May 23, 2023 | Farrell Robert E JrSVP Finance and CAO | Sale | 10,000 | $60.00 | $600.0K | Form 4 |
All 43 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Point72 Asset Management, L.P.SC 13G/A, 3 filings Oct 2, 2023 to Nov 14, 202447
- FMR LLCSC 13G/A, 4 filings Feb 9, 2022 to Aug 12, 202448
- Wellington Management CompanySC 13G/A, 3 filings Feb 8, 2024 to Aug 7, 202449
- EcoR1 Capital, LLCSC 13G, 4 filings Feb 14, 2022 to May 3, 202450
- Artal International S.C.A.SC 13G/A, 3 filings Feb 11, 2022 to Feb 9, 202451
- Polaris Partners VII, L.P.SC 13G/A, 2 filings Feb 11, 2022 to Feb 9, 202452
- BlackRockSC 13G/A, 2 filings Feb 3, 2023 to Jan 26, 202453
- State Street CorporationSC 13G, 1 filing Jan 24, 202454
- Timothy A. SpringerSC 13D, 1 filing Oct 18, 202355
- Novo Holdings A/SSC 13D/A, 2 filings Nov 1, 2021 to Feb 22, 202256
- Omega Fund V, L.P.SC 13G/A, 1 filing Feb 14, 202257
Money raised
Private offerings the company reported to the SEC on Form D.
- Feb 15, 2023Raised $100 million in a private offering of equity Form D: $100 million offered in all Form D
SEC filer profile
How Morphic Holding, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMorphic Holding, Inc.1
- CIK0001679363
- Employer ID (EIN)47-38787721
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address35 Gatehouse Drive A2, Waltham, MA 024511
- Phone(781) 996-09551
- Shares outstanding50,224,699 as of Jul 23, 202411
- Public float$2.1B as of Jun 30, 20236
- On EDGAR sinceJul 13, 20161
- Filings480 in all: 4 (231), 8-K (54), SC 13G/A (26), 3 (23), 10-Q (16), 144 (14), SC 13G (13), 4/A (11)1
All 46 form types
SC 13D/A (7), S-8 (6), S-8 POS (6), 10-K (5), 424B5 (5), CORRESP (5), DEF 14A (5), DEFA14A (5), D (3), S-3ASR (3), SC 13D (3), SC 14D9/A (3), SC TO-T/A (3), UPLOAD (3), DRSLTR (2), EFFECT (2), POSASR (2), S-1/A (2), S-3 (2), SEC STAFF LETTER (2), 10-Q/A (1), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), DRS (1), DRS/A (1), PRE 14A (1), RW (1), RW WD (1), S-1 (1), S-1MEF (1), SC 14D9 (1), SC TO-C (1), SC TO-T (1), SC14D9C (1)
- Latest filingsAnnual report (10-K) Feb 22, 2024
Quarterly report (10-Q) Jul 25, 2024
Proxy statement (DEF 14A) Apr 25, 2024
Latest 8-K (8-K) Aug 16, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3
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- 7
- 8
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- 13
- 14
- 15SEC EDGARPeter Linde, Chief Medical Officer
- 16
- 17SEC EDGARSusannah Gray, Board member
- 18SEC EDGARNisha Nanda, Board member
- 19SEC EDGARMartin Edwards, Board member
- 20SEC EDGARAmir Nashat, Board member
- 21SEC EDGARBarbara Dalton, Board member
- 22SEC EDGARGustav Christensen, Board member
- 23SEC EDGARJoseph P. Slattery, Board member
- 24SEC EDGARNilesh Kumar, Board member
- 25
- 26SEC EDGAROtello Stampacchia, Board member
- 27SEC EDGARPlc Glaxosmithkline, Board member
- 28SEC EDGARTimothy A. Springer, Board member
- 29SEC EDGARVikas Goyal, Board member
- 30SEC EDGARWilliam Devaul, General counsel
- 31
- 32
- 33
- 34SEC EDGARShareholder vote
- 35
- 36SEC EDGARResults of operations
- 37SEC EDGARRegulation FD disclosure
- 38SEC EDGARResults of operations
- 39
- 40SEC EDGARExecutive or director change
- 41SEC EDGARCode of ethics changed
- 42
- 43SEC EDGARResults of operations; Other events
- 44
- 45
- 46
- 47
- 48
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- 50
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