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Genmab Commences Tender Offer for All Issued and Outstanding Common Shares of Merus N.V.
Globenewswire· 2025-10-21 12:12
Media ReleaseCOPENHAGEN, Denmark; October 21, 2025 Genmab A/S (Nasdaq: GMAB) (“Genmab”) announced today that it is commencing, through a wholly owned subsidiary, Genmab Holding II B.V. (“Purchaser”), a cash tender offer (the “Offer”) to purchase all of the issued and outstanding common shares (“Common Shares”) of Merus N.V. (Nasdaq: MRUS) (“Merus”) for $97.00 per Common Share in cash (the “Offer Consideration”), less any applicable withholding taxes and without interest. The Offer is being made pursuant to ...
Why Is Genmab Stock Trading Lower On Monday?
Benzinga· 2025-10-20 15:57
On Saturday, Genmab A/S (NASDAQ:GMAB) revealed updated data from cohort B2 of the Phase 1/2 RAINFOL-01 trial evaluating rinatabart sesutecan (Rina-S) in heavily pretreated patients with advanced endometrial cancer. The study showed that at a median study follow-up of one year, treatment with Rina-S 100 mg/m² every 3 weeks (Q3W) resulted in a 50.0% confirmed objective response rate (ORR), including two complete responses (CR).ORR is the percentage of patients in a study whose cancer shows a significant, meas ...
Olema Pharmaceuticals, Exelixis, Genmab And Other Big Stocks Moving Lower In Monday's Pre-Market Session - Addex Therapeutics (NASDAQ:ADXN), Alumis (NASDAQ:ALMS)
Benzinga· 2025-10-20 12:10
U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Monday.Shares of Olema Pharmaceuticals Inc (NASDAQ:OLMA) fell 18.3% to $7.64 in pre-market trading after the company announced new data from the Phase 1b/2 trial of palazestrant plus ribociclib in ER+/HER2- metastatic breast cancer at ESMO 2025.Olema Pharmaceuticals shares dipped 18.3% to $7.64 in pre-market trading.Here are some other stocks moving lower in pre-market trading.Concord Medical Services Hldgs Ltd (NYSE:CC ...
Genmab Announces New Data Demonstrating Investigational Rinatabart Sesutecan (Rina-S®) Achieved Anti-Tumor Activity in Heavily Pretreated Patients with Advanced Endometrial Cancer
Globenewswire· 2025-10-18 10:00
Core Insights - Genmab A/S announced updated data from the Phase 1/2 RAINFOL™-01 trial for rinatabart sesutecan (Rina-S), showing a 50.0% confirmed objective response rate (ORR) in advanced endometrial cancer patients [2][7][8] - The study included 64 heavily pretreated patients, with 63.6% of responders maintaining their responses at a median follow-up of one year [2][4] - Rina-S has received Breakthrough Therapy Designation from the U.S. FDA for advanced endometrial cancer [7][8] Study Details - The RAINFOL-01 trial is an open-label, multicenter Phase 1/2 study evaluating Rina-S at various doses in solid tumors expressing folate receptor alpha (FRα) [9] - The B2 cohort specifically evaluated the efficacy and safety of Rina-S in patients with advanced or recurrent endometrial cancer, with doses of 100 mg/m² and 120 mg/m² administered [4][9] - The confirmed ORR for the 100 mg/m² cohort was 50.0%, while the 120 mg/m² cohort showed a 44.1% ORR [4][5] Safety Profile - Common treatment emergent adverse events (TEAEs) included cytopenias and low-grade gastrointestinal events, with serious TEAEs occurring in 36.4% of patients on the 100 mg/m² dose and 52.4% on the 120 mg/m² dose [5] - No significant ocular toxicities, neuropathy, or interstitial lung disease (ILD) were reported in the clinical trials [5] Future Development - Continued evaluation of Rina-S is ongoing in the Phase 2 RAINFOL-01 trial and the Phase 3 RAINFOL-03 trial for endometrial cancer [3][6] - Genmab is also advancing Rina-S in a Phase 3 trial for platinum-resistant ovarian cancer [6][11] Industry Context - Endometrial cancer is the second most prevalent gynecologic cancer globally, with increasing incidence and limited treatment options for advanced cases [10] - Rina-S targets FRα, which is overexpressed in multiple tumors, presenting a promising therapeutic opportunity in a market with no approved FRα-directed therapies for endometrial cancer [10][11]
Genmab Announces Net Sales of DARZALEX® (daratumumab) for Third Quarter of 2025
Globenewswire· 2025-10-14 10:23
Company Announcement Net sales of DARZALEX® in the third quarter of 2025 totaled USD 3,672 millionGenmab receives royalties on worldwide net sales from Johnson & Johnson (J&J, legal entity Janssen Biotech, Inc.) COPENHAGEN, Denmark; October 14, 2025 – Genmab A/S (Nasdaq: GMAB) announced today that worldwide net trade sales of DARZALEX (daratumumab), including sales of the subcutaneous (SC) product (daratumumab and hyaluronidase-fihj, sold under the tradename DARZALEX FASPRO® in the U.S.), as reported by J& ...
GMAB Stock Soars 21.9% in a Month Following MRUS Acquisition Deal
ZACKS· 2025-10-06 14:51
Key Takeaways Genmab shares jumped 21.9% in a month on plans to acquire Merus for $8 billion in cash.The acquisition adds petosemtamab, a late-stage oncology candidate, to GMAB's proprietary pipeline.GMAB expects petosemtamab to drive growth, with potential billion-dollar sales contributions by 2029.Shares of Genmab A/S (GMAB) have rallied 21.9% in a month. The stock price rally was observed after the company signed a definitive agreement in late September to acquire Merus N.V. (MRUS) for $97 per share in c ...
Why Genmab Stock Popped on Friday
The Motley Fool· 2025-10-03 21:29
Two pundits raised their price targets on the company.Before the market open on the last trading day of the week, two analysts tracking Genmab (GMAB 4.48%) stock felt compelled to raise their price targets on the biotech. This double-barreled blast of bullishness pushed the company's shares more than 4% higher that trading session, easily beating the essentially stagnant S&P 500 (^GSPC 0.01%). The petosemtamab effectNot surprisingly, both lifts were based largely on Genmab's latest acquisition. On Tuesday, ...
What Makes Genmab A/S Sponsored ADR (GMAB) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-10-03 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Genmab A/S Sponsored ADR (GMAB) - GMAB currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a historical outperformance in the market [4] Price Performance - GMAB shares have increased by 2.79% over the past week, outperforming the Zacks Medical - Biomedical and Genetics industry, which rose by 1.09% [6] - Over the last quarter, GMAB shares have surged by 46.94%, and over the past year, they have gained 37.26%, while the S&P 500 has only increased by 8.19% and 19.01%, respectively [7] Trading Volume - The average 20-day trading volume for GMAB is 1,941,979 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 6 earnings estimates for GMAB have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $1.58 to $1.74 [10] - For the next fiscal year, 4 estimates have also moved upwards, indicating positive sentiment regarding future earnings [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, GMAB is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [12]
Why Genmab Stock Was Marching Higher Today
Yahoo Finance· 2025-09-30 19:43
Key Points Two prognosticators published updates on the biotech after it announced a major acquisition. It should soon be the owner of fellow European biotech Merus. 10 stocks we like better than Genmab A/s › One day after announcing a sizable acquisition, Denmark-based biotech Genmab (NASDAQ: GMAB) was doing well on the stock exchange Tuesday. A pair of analysts weighed in with bullish new takes on the company, helping push it to a nearly 5% price gain in late-session trading. That figure was many ...
Genmab to acquire Merus shares for $8bn
Yahoo Finance· 2025-09-30 08:37
Core Insights - Genmab has agreed to acquire all shares of Merus for $97 per share, totaling $8 billion, enhancing its oncology pipeline [1][4] - The acquisition is supported by both companies' boards and is expected to transition Genmab to a fully owned business model [1][2] - The deal is projected to close in early Q1 2026, with a key asset being Merus' petosemtamab, currently in Phase III development [2][3] Financial Details - The acquisition price represents a 41% premium over Merus' closing stock price on September 26, 2025, and a 44% premium over the 30-day volume-weighted average price of $67.42 [4] - Genmab plans to finance the acquisition through existing cash and $5.5 billion in non-convertible debt, with backing from Morgan Stanley Senior Funding [4] Strategic Implications - The acquisition aligns with Genmab's long-term strategy to become a global biotechnology leader, providing sustainable growth into the next decade [6] - Petosemtamab is expected to be a transformative therapy for head and neck cancer, with potential launch in 2027 depending on clinical outcomes and regulatory approvals [3][6] Advisory Information - Genmab is advised by PJT Partners and Morgan Stanley & Co International, with legal counsel from A&O Shearman and Kromann Reumert [5] - Merus is advised by Jefferies, with legal counsel from Latham & Watkins and NautaDutilh [5]