EarningsGenmab recorded a diluted net income of DKK121.36 per share, which exceeded previous forecasts.
Future Growth PotentialWith a steady cadence of Phase III readouts beginning in 2026 and potential for nearly $6 billion in revenues in 2032, the first full year post-Darzalex royalties, analyst is upgrading shares of Genmab to Outperform.
Product ApprovalThe European Commission approved an indication extension of the combination of subcutaneous DARZALEX + bortezomib, lenalidomide, and dexamethasone in 1L multiple myeloma patients.