Genmab On The Hunt For Late-Stage Assets

 
• By Kevin Grogan
  
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The Danish biotech has dipped its toe into co-commercialization recently and is seeking more candidates that are getting closer to the market.

Jan van de Winkel
Jan van de Winkel • Source: Genmab

Genmab A/S is looking to use some of its considerable cash pile built by burgeoning royalties from partners, notably Johnson & Johnson, to pick up promising later stage drugs that complement its internal R&D efforts.

Key Takeaways

  • Genmab has built up its late-stage development and commercial capabilities and is looking for close-to-market opportunities

Speaking to analysts after presenting the Danish biotech's results for 2023, chief financial officer Anthony Pagano said that "historically, we...

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