Blow To Genmab As It Is Set To Lose Darzalex Royalties Sooner Than Hoped

As Arbitration Disappoints

The Danish firm will stop receiving royalties on Darzalex after 2030 having has lost on two issues heard at an arbitration tribunal, in a significant blow to its finances.

Law mallet and a stack of money
Darzalex Made Over $6bn In 2021 Sales • Source: Alamy

Genmab A/S will lose its lucrative royalty stream from the multiple myeloma blockbuster Darzalex sooner than it had hoped after it lost to Johnson & Johnson on two matters at arbitration, raising concerns for the firm’s future finances.

Darzalex (daratumumab), an anti-CD38 monoclonal antibody (mAB), was developed under a years old agreement between the firms under which Genmab...

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