On Thursday, Danish biotech firm Ascendis Pharma could celebrate the EU Commission's formal approval of Lonapegsomatropin, previously dubbed Transcon hGH, which is a once-weekly injection for pediatric patients with growth hormone deficiency (GHD).
The company is already eyeing more indications for Transcon hGH, Ascendis Pharma informs MedWatch.
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In 2015, Genmab partnered with relatively unknown biotech firm Biontech. Reflecting on how far Genmab has come since, CEO Jan van de Winkel is still confident that partnerships, rather than acquisitions, are the way forward. If it had acquired Biontech at the time, the CEO speculates Genmab may have put a stop to other activities – including the Covid-19 vaccine efforts that went on to save millions of lives. This and fairness are worth remembering as biotech firms are increasingly strapped for cash, van de Winkel reflects.