GENMAB BUY - TOP PICKS | DKK1262 Price renegotiations have weighed on Darzalex Q3
Price renegotiations have weighed on Darzalex Q3J&J reports disappointing Q3 sales with a slight decline vs Q2
Price renegotiations in ex-US regions impacted Q3 in the same way as last year
We remain confident on USD2.0bn FY sales target for Darzalex
Genmab is a biotechnology company specializing in the creation and development of differentiated human antibody therapeutics focused on the treatment of cancer. Co.'s product pipeline includes one marketed product, Arzerra, daratumumab in late stage clinical development, four antibodies in clinical development, and over 20 in-house and partnered pre-clinical programs. Co.'s Arzerra (ofatumumab) is a human monoclonal antibody which targets an epitope on the CD20 molecule. Co.'s proprietary technologies include the DuoBody technology, which creates antibodies that can target two molecules at once, and the HexaBody technology, which allows for the creation of more potent antibodies.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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