Genmab CEO on royalties defeat: "I'm sad and disappointed"

In April, Genmab suffered a defeat in an arbitration case concerning drug Darzalex. Though he had hoped for a different outcome, CEO Jan van de Winkel says it was a ”complex” decision not to contest the ruling, and that a conclusion was sorely needed.

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

A yearlong royalties strife between Genmab and its partner Janssen was finally over in April, when three arbitrators ruled in favor of the latter firm.

Wiping the slate clean with the release of its first quarterly report for 2022, Genmab has announced that it will not seek a review of the award, effectively bringing the entire ordeal to an end. According to CEO Jan van de Winkel, Genmab is now looking to the future.

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