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Genmab A/S ADS - GMAB STOCK NEWS

Welcome to our dedicated page for Genmab A/S ADS news (Ticker: GMAB), a resource for investors and traders seeking the latest updates and insights on Genmab A/S ADS stock.

Genmab A/S (NASDAQ: GMAB) is a pioneering biotechnology company founded in February 1999 and headquartered in Copenhagen, Denmark. Established by Florian Schönharting, the company focuses on the development and commercialization of innovative antibody therapeutics for the treatment of cancer and other serious diseases.

Genmab's proprietary antibody technologies include DuoBody, HexaBody, DuoHexaBody, and HexElect. These cutting-edge platforms have enabled the creation of multiple high-impact drugs in partnership with leading pharmaceutical companies:

  • Darzalex: Developed with Johnson & Johnson, this drug is a standard treatment for multiple myeloma.
  • Tepezza: Partnered with Horizon, this medication targets thyroid eye disease.
  • Kesimpta: Developed with Novartis, it treats relapsing multiple sclerosis.
  • Rybrevant: Another collaboration with Johnson & Johnson, this drug addresses non-small cell lung cancer (NSCLC).
  • Tivdak: In partnership with Seagen, Tivdak is used for the treatment of cervical cancer.
  • Epkinly: Partnered with AbbVie, Epkinly targets diffuse large B-cell lymphoma.

In addition to these marketed products, Genmab has a robust pipeline of candidates targeting various oncologic indications. The company's focus on antibody therapeutics places it at the forefront of biotechnological innovation, continually seeking better outcomes for patients worldwide.

Genmab's financial health is bolstered by its successful alliances and product sales, positioning it strongly for future growth and development. Investors and stakeholders can stay informed about the latest updates and relevant information regarding Genmab's performance, events, and developments through regular news releases.

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Genmab A/S (NASDAQ: GMAB) announced that the FDA has granted orphan-drug designation to epcoritamab (DuoBody®-CD3xCD20) for treating follicular lymphoma (FL). This designation aids the development of treatments for rare diseases affecting fewer than 200,000 people annually. FL is the second most common form of non-Hodgkin’s lymphoma, impacting approximately 2.7 per 100,000 people in the U.S. Epcoritamab is currently in multiple clinical trials, providing hope for patients who are refractory to conventional therapies.

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Genmab A/S (NASDAQ: GMAB) and Seagen Inc. (NASDAQ: SGEN) announced preliminary results from the innovaTV 207 phase 2 trial of tisotumab vedotin (TIVDAK®) for squamous cell carcinoma of the head and neck. Of 31 patients treated, a 16% objective response rate was observed. Secondary endpoints showed a disease control rate of 58.1% and median progression-free survival of 4.2 months. Safety data indicated a manageable profile, with 67.7% experiencing Grade ≥3 adverse events. The findings will be presented at the ASTRO 2022 symposium on February 25.

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Seagen and Genmab will present preliminary data from the innovaTV 207 phase 2 trial of tisotumab vedotin (TIVDAK) for patients with squamous cell carcinoma of the head and neck at the ASTRO 2022 symposium. Results indicate a 16% confirmed objective response rate, with 58.1% disease control rate and a median progression-free survival of 4.2 months. Noteworthy adverse events included Grade ≥3 treatment-emergent adverse events in 67.7% of patients. The data underscores the potential of tisotumab vedotin in treating this high-need patient group, with ongoing trials planned.

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Genmab A/S (GMAB) announced several abstract presentations at the 63rd Annual ASH Meeting, showcasing the efficacy of epcoritamab (DuoBody®-CD3xCD20) for treating B-cell non-Hodgkin lymphoma and chronic lymphocytic leukemia. Over 20 abstracts from Genmab and its partners, including AbbVie (ABBV) and Janssen, will be shared, highlighting clinical trial results. A virtual R&D Update and ASH Data Review is scheduled for December 14, focusing on these advancements in oncology.

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Genmab A/S (NASDAQ: GMAB) announced multiple presentations at the Society for Immunotherapy of Cancer’s 36th Annual Meeting (SITC 2021), held November 10-14 in Washington, DC. The highlights include a mini-oral presentation of the first-in-human trial for DuoBody®-CD40×4-1BB (GEN1042) and a poster on DuoBody®-PD-L1×4-1BB (GEN1046). Both investigational bispecific antibodies are co-developed with BioNTech (NASDAQ: BNTX). Genmab emphasizes its commitment to advancing cancer treatment through these innovative therapies.

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The FDA has granted accelerated approval to TIVDAK (tisotumab vedotin-tftv), the first antibody-drug conjugate for adult patients with recurrent or metastatic cervical cancer after chemotherapy. This decision is based on the innovaTV 204 clinical trial, which showed a 24% confirmed objective response rate and a median duration of response of 8.3 months. However, continuous approval is contingent on further verification of clinical benefits. The drug carries significant safety warnings, including ocular toxicity.

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TIVDAK (tisotumab vedotin-tftv) has received accelerated approval from the FDA as the first approved antibody-drug conjugate for adults with recurrent or metastatic cervical cancer after chemotherapy. This decision is based on tumor response and its duration, with ongoing trials for further verification. The innovaTV 204 trial showed a confirmed objective response rate of 24% among 101 patients, with a median duration of response of 8.3 months. The approval includes warnings for serious adverse effects, particularly ocular toxicity.

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Seagen and Genmab announced promising interim results for tisotumab vedotin in treating recurrent or metastatic cervical cancer during the ESMO Virtual Congress 2021. In a phase 1b/2 study, tisotumab vedotin combined with carboplatin achieved a 55% objective response rate (ORR) in previously untreated patients, while the combination with pembrolizumab yielded a 38% ORR in previously treated patients. Both treatments demonstrated manageable safety profiles, indicating potential new therapy options for this hard-to-treat cancer.

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Genmab (Nasdaq: GMAB) and AbbVie (NYSE: ABBV) announced the publication of results from the phase 1/2 EPCORE™ NHL-1 clinical trial in The Lancet. The trial evaluated the investigational therapy epcoritamab for B-cell non-Hodgkin’s lymphoma (B-NHL). Findings indicate a maximum tolerated dose of 48mg, with an overall response rate (ORR) of 88% and a complete response (CR) of 38% in patients treated with the RP2D. The results were presented at multiple medical congresses, highlighting the drug's potential in hematologic malignancies.

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AbbVie and Genmab announced the publication of results from the dose escalation part of the Phase 1/2 EPCORE NHL-1 trial for epcoritamab, an investigational therapy targeting relapsed/refractory B-cell non-Hodgkin's lymphoma. The trial identified a recommended Phase 2 dose of 48mg with an overall response rate of 88% and a complete response rate of 38% in patients with DLBCL. Epcoritamab demonstrated a favorable safety profile, with common adverse events being primarily grade 1-2. The results underline significant interest in new treatment options for patients with hematologic malignancies.

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FAQ

What is the current stock price of Genmab A/S ADS (GMAB)?

The current stock price of Genmab A/S ADS (GMAB) is $20.59 as of November 15, 2024.

What is the market cap of Genmab A/S ADS (GMAB)?

The market cap of Genmab A/S ADS (GMAB) is approximately 13.1B.

What does Genmab A/S specialize in?

Genmab A/S specializes in developing antibody therapeutics for the treatment of cancer and other serious diseases.

What are Genmab's proprietary antibody technologies?

Genmab's proprietary technologies include DuoBody, HexaBody, DuoHexaBody, and HexElect.

Which companies has Genmab partnered with?

Genmab has partnered with companies like Johnson & Johnson, Horizon, Novartis, Seagen, and AbbVie.

What is Darzalex?

Darzalex, developed in partnership with Johnson & Johnson, is a standard treatment for multiple myeloma.

What other products are in Genmab's portfolio?

Other products include Tepezza, Kesimpta, Rybrevant, Tivdak, and Epkinly.

What is Tepezza used for?

Tepezza, in partnership with Horizon, is used to treat thyroid eye disease.

Where is Genmab headquartered?

Genmab is headquartered in Copenhagen, Denmark.

How does Genmab's financial condition look?

Genmab's financial condition is strong, bolstered by successful alliances and product sales.

When was Genmab founded?

Genmab was founded in February 1999.

What is the focus of Genmab's pipeline candidates?

Genmab's pipeline candidates focus on various oncologic indications.

Genmab A/S ADS

Nasdaq:GMAB

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GMAB Stock Data

13.11B
66.18M
0.01%
7.86%
0.3%
Biotechnology
Healthcare
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United States of America
Copenhagen