Genmab rises on Phase II daratumumab promise in double refractory myeloma

Shares in Genmab rose by as much as 9% on the morning of 4 February after it announced a nearly 30% overall response rate in a Phase II trial of its anti-CD38 antibody product daratumumab as a monotherapy in double refractory multiple myeloma patients. The product already has a breakthrough therapy designation for this indication.