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Genmab opts for financial security with amended Arzerra agreement

This article was originally published in Scrip

Executive Summary

Troubled Danish biotech Genmab has put its short-term financial health over its pipeline ambitions by agreeing to forego some of its rights to the anti-CD20 monoclonal antibody Arzerra (ofatumumab) in return for a cap on development funding and an upfront payment of £90 million from its partner GlaxoSmithKline.



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