Dec 12 (Reuters) - Genmab A/S GMAB.CO:
GENMAB ANNOUNCES COMPLETION OF TENDER OFFER FOR OUTSTANDING COMMON SHARES OF MERUS N.V. AND COMMENCEMENT OF SUBSEQUENT OFFERING PERIOD
EXPECTS TO LAUNCH PETOSEMTAMAB IN 2027
INTENDS TO BROADEN AND ACCELERATE PETOSEMTAMAB'S DEVELOPMENT WITH POTENTIAL EXPANSION INTO OTHER LINES OF THERAPY
BELIEVES THAT PETOSEMTAMAB WILL BE ACCRETIVE TO EBITDA WITH AT LEAST ONE-BILLION-DOLLAR ANNUAL SALES POTENTIAL BY 2029
94.2% OF MERUS SHARES TENDERED IN GENMAB'S OFFER
Source text: ID:nGNE1tXd77
Further company coverage: GMAB.CO
(Gdansk Newsroom)
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