rinatabart sesutecan (Rina‑S)
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Genmab Prunes Pipeline, Sharpens Focus On Late-Stage Cancer Assets
Benzinga· 2025-12-29 17:32
Core Viewpoint - Genmab A/S has decided to discontinue the clinical development of acasunlimab to focus on more promising late-stage opportunities in its portfolio [1][2]. Group 1: Clinical Development Decision - The decision to halt acasunlimab's development follows a thorough assessment of the competitive landscape and aims to concentrate resources on programs with the highest potential impact [1][2]. - Acasunlimab was involved in four cancer trials, including a Phase 3 study in non-small cell lung cancer and two Phase 2 trials in melanoma and non-small cell lung cancer [4]. Group 2: Financial Implications - The discontinuation of acasunlimab does not affect Genmab's full-year 2025 financial guidance [3]. - Analyst estimates previously modeled peak sales of approximately $300 million for acasunlimab, which was considered a minimal contribution to the company's overall revenue potential [5]. Group 3: Focus on Other Programs - Genmab will redirect its focus to other late-stage programs, including Epkinly (epcoritamab), petosemtamab, and rinatabart sesutecan (Rina-S), which are advancing in development [2]. - The combined peak sales potential for these three lead assets is estimated at $8 billion, indicating significant upside for Genmab [5]. Group 4: Market Reaction - Following the announcement, Genmab shares experienced a decline of 2.05%, trading at $32.73 [6].