MedWatch

Genmab upgrades financial guidance again

Darzalex sales are going so well that Genmab has increased its top and bottom line expectations. It also now expects lower costs than previously estimated.

Photo: Joost Melis / Genmab / PR

Sales of Darzalex, which is a bone marrow cancer drug, are significantly exceeding expectations, Genmab reports in a stock exchange notification.

The company has therefore decided to upgrade its financial guidance for the full year to an operating result of DKK 2.3-3.2bn (USD 360-500m) and a revenue of DKK 7.9-8.5bn (USD 1.2-1.3bn). Previously, Genmab had expected an operating result of DKK 1.5-2.4bn (USD 230-370m) and a revenue of DKK 7.3-7.9bn (USD 1.1-1.2bn).

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