Genmab delivered strong topline results for Epkinly in frontline DLBCL, showing a 51% reduction in risk of progression or death. Epkinly's efficacy notably exceeds Roche's Polivy in similar settings, positioning GMAB as a potential market leader among T-cell engagers. Frontline DLBCL represents the key growth driver for Epkinly, and I see upside to the company's $3 billion+ peak sales guidance based on better-than-expected treatment effect.
Genmab (GMAB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
The Danish company said the Epkinly drug helped extend the time patients with a common type of lymphoma lived.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 68 | $1,824.52 | $2,584.34 | $759.82 | 41.64% |
Curtis Ellergodt Rothschild Investment LLC | 2,436 | $70,381.04 | $89,864.04 | $19,483 | 27.68% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 27,691 | $716,227.72 | $1.02M | $305,293.27 | 42.63% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 213 | $7,495.49 | $7,857.57 | $362.08 | 4.83% |
| BS Brian Simon Harding Loevner LP | 3.09M | $92.07M | $116.66M | $24.59M | 26.71% |
| Biotechnology Industry | Healthcare Sector | Jan van de Winkel CEO | NASDAQ (NGS) Exchange | 372303206 CUSIP |
| DK Country | 3,119 Employees | - Last Dividend | 1 May 2018 Last Split | - IPO Date |
Genmab A/S is a pioneering biotechnology company based in Copenhagen, Denmark, specializing in the development of antibody therapeutics for the treatment of cancer and other serious diseases. Founded in 1999, Genmab has grown to become a leader in the field, leveraging its expertise to market innovative treatments worldwide. The company's therapeutic products focus on employing human monoclonal antibodies to target and combat diseases, with a strong emphasis on hematological malignancies and solid tumors. Genmab's strategic collaborations with industry leaders like Seagen Inc., argenx, AbbVie, BioNTech, Janssen, and Novo Nordisk A/S play a pivotal role in expanding its portfolio and enhancing therapeutic development.