MedWatch

Genmab CEO hopes arbitration uncertainties will ease off soon

So far, Johnson & Johnson has refused Genmab around half a billion kroner (USD 76m) in a royalty dispute. Investors might be scared off until the verdict is in, says CEO Jan van de Winkel.

Jan van de Winkel, CEO of Genmab | Photo: PR / Genmab

Genmab is hoping that 2022 will bring an end to the arbitration dispute with the company’s partner Johnson & Johnson concerning the rights to the huge revenue inflows from cancer drug Darzalex.

The two firms fell into disagreement in 2020, resulting in Johnson & Johnson withholding royalty payments in 2020–2021 in the ballpark of half a billion kroner (USD 76m), Genmab has assessed.

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