Sales of Genmab-developed bone marrow cancer drug Darzalex, which has been out-licensed to Johnson & Johnson, landed on the same level as was expected by analysts in the fourth quarter of 2021, the US-based pharmaceutical giant announces in a press release, which Genmab confirms in a statement.
Darzalex sales have been reported at USD 1.645bn compared to the estimated USD 1.636bn based on analysts’ predictions, which were collected by Bloomberg News.
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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.