Product Reports Resources Pricing Login Book a demo

Morphogen-IX

Biotech & Life Sciences · Babraham, United Kingdom · Founded 2015

Engineered protein therapeutics for pulmonary arterial hypertension MoreLess

Morphogen-IX operates as a preclinical biotechnology firm, established as a spin-out from the University of Cambridge in 2015. The company was founded by Professor Nick Morrell, alongside Dr. Wei Li and Dr. Paul Upton, based on 15 years of research conducted in Professor Morrell's lab. Professor Morrell, who later also served as CEO, is the British Heart Foundation Professor of Cardiopulmonary Medicine at the University of Cambridge and has over two decades of experience in the field of pulmonary arterial hypertension (PAH), lending significant domain expertise to the company's mission.

The company's core focus is the development of therapies for pulmonary arterial hypertension, a rare and life-threatening condition characterized by the narrowing of blood vessels in the lungs, which leads to heart failure. Morphogen-IX's business model is centered on the research and development of a disease-modifying drug, targeting the fundamental causes of PAH rather than merely alleviating symptoms. The primary client base for its eventual product consists of patients suffering from this debilitating disease. The company's main therapeutic candidate, MGX292, is a protein-engineered variant of Bone Morphogenetic Protein 9 (BMP9). This engineered protein is designed to restore the protective function of the native BMP9 protein for lung blood vessels, a function that is often reduced in patients due to genetic causes, without inducing the bone-forming properties of the natural protein.

Significant milestones for Morphogen-IX include securing £1.5 million in seed funding in 2016, led by Index Ventures, Cambridge Innovation Capital, and Cambridge Enterprise. This was followed by a substantial £18.4 million Series B financing round in December 2018, led by Medicxi, to advance MGX292 through preclinical development and into clinical trials. In a strategic move in February 2021, Morphogen-IX was acquired by Centessa Pharmaceuticals through a share exchange, becoming one of 10 biotech companies merged to form the new entity. This acquisition provided the financial backing and scaled R&D model necessary to further the development of its promising pipeline.

Keywords: pulmonary arterial hypertension, bone morphogenetic proteins, BMP9, University of Cambridge spin-out, Nick Morrell, drug development, preclinical biotechnology, MGX292, Centessa Pharmaceuticals, orphan diseases, vascular disease therapy, protein engineering, life sciences, drug discovery, heart failure treatment, genetic medicine, Cambridge biotech, biopharmaceutical, therapeutic development, endothelial protection

Company overview

Morphogen-IX company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2015
Headquarters
Babraham, United Kingdom
Employees
1
Open positions
None listed
Dealroom signal
58.7
client focusb2bsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorDrug DevelopmentsectorCardiology and cardiovascularsectorSpinoutsectorDiseasesectorAlternative ProteinsectorBiotech and PharmasectorHard TechsectorWoman FoundersectorDT and LS

Valuation & funding

Morphogen-IX funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Feb 2021 $0 Centessa Pharmaceuticals
SERIES BEquity / VC Dec 2018 $24M $97M Cambridge Innovation Capital · Cambridge Enterprise · Medicxi
SEEDEquity / VC Jan 2016 $2M $7.9M Cambridge Innovation Capital · Index Ventures
SPINOUTOther financing Jan 2015 $0 University of Cambridge
Showing 4 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearEBITDAMarginProfitMargin
2026 −$15M −$12M
2025 −$15M −$12M
2024 −$15M −$12M
2023 −$15M
2022 −$15M
2021 −$6.9M
2020 −$5.9M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Morphogen-IX website traffic

Latest recorded traffic for Morphogen-IX is 890 monthly website visits, up 423.5% over the last three months. Morphogen-IX's team grew 0% over the past year.

Latest monthly visits890 3-month web change+423.5% 1-year team growth0%
Monthly website visits51 observations · Jan 2017–Dec 2025
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Morphogen-IX compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Morphogen-IX's talent

Book a demo to see the people
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

6 investors on Morphogen-IX's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Index Ventures
Cambridge Innovation Capital
Series A 2 investors entered at this stage
Cambridge Enterprise
Medicxi
Other known 2 additional known investors
Centessa Pharmaceuticals
University of Cambridge

Global footprint

Where Morphogen-IX has talent and traffic

Workforce by country
🇬🇧 United Kingdom · Babraham HQ
Book a demo for the full country breakdown

In the news

Latest news about Morphogen-IX

Recent press, funding announcements, and product moves mentioning Morphogen-IX — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Morphogen-IX

An AI-synthesized read of the highest-engagement posts about Morphogen-IX on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Morphogen-IX’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.