Analyst estimates USD 3.5bn peak sales for new Genmab drug

”Considering the data that has been presented, it comes as no surprise that the drug was approved,” says an analyst on Genmab’ and AbbVie’s recent approval.
Photo: Tuala Hjarnø / Genmab / Pr
Photo: Tuala Hjarnø / Genmab / Pr
by marketwire, translated by daniel pedersen

The approval of Genmab’s cancer drug, epcoritamab, from the US Food and Drug Administration (FDA) was far from a surprise – and is therefore already largely factored into the biotech company’s stock price.

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