Analyst: Genmab's progress with the FDA sends a positive signal

It's not surprising that the US FDA has accepted Genmab's application for the drug tisotumab vedotin, but it's a feather in the company's cap that the application received priority review status.
Photo: Joost Melis / Genmab / PR
Photo: Joost Melis / Genmab / PR

Genmab will probably manage better than the general stock market on Monday following the firm's Friday announcement that the US Food and Drug Administration (FDA) has accepted treating its – and Seagen's – biologics license application for the drug tisotumab vedotin in the US.

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