MedWatch

New arbitration full of upsides for Genmab, says analyst

Sydbank Senior Analyst Søren Løntoft Hansen says that there are many upsides and few downsides to Genmab’s decision to initiate new arbitration against Janssen.

Photo: Tuala Hjarnø / Genmab / PR

After losing a royalties case against its partner Janssen Biotech in April, Genmab has commenced new arbitration concerning Darzalex Faspro.

Genmab is seeking USD 405m plus interest on accrued milestone payments for Darzalex Faspro, as well as a new 13-year royalties contract backdated to the first commercial sale of the drug.

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