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Genmab Cash Pile To Grow With Another Darzalex OK

 
• By Kevin Grogan

The Danish biotech will be getting more revenues from its J&J-partnered multiple myeloma blockbuster following a new US approval. Analysts are impressed with the way Genmab is spending the money.

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Kroner keeps coming in for Genmab • Source: Shutterstock

Genmab AS's coffers are set to swell again after US regulators granted another approval for Darzalex, further cementing the Johnson & Johnson-partnered drug's dominant position in the multiple myeloma field.

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