Genmab Announces Financial Results for the First Nine Months of 2024
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Genmab reported a 29% revenue increase for the first nine months of 2024, reaching DKK 15,085 million. The European Commission granted conditional marketing authorization for TEPKINLY for treating follicular lymphoma. Genmab will also take sole responsibility for acasunlimab's development and potential commercialization.
November 06, 2024 | 4:15 pm
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Genmab's revenue increased by 29% in the first nine months of 2024, and the company received conditional marketing authorization for TEPKINLY from the European Commission. Genmab will also assume sole responsibility for acasunlimab's development.
The 29% revenue increase and the EC's conditional approval for TEPKINLY are positive indicators for Genmab's financial health and market potential. Taking sole responsibility for acasunlimab's development suggests confidence in its pipeline, likely boosting investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100