Genmab gains after positive EPKINLY combo data
BUZZ-Genmab gains after positive EPKINLY combo data ** Shares in Genmab GMAB.CO are up nearly 7% following positive EPKINLY combo trial data release
** J.P.Morgan highlights strong progression-free survival results from the study including epcoritamab, approved under the brand name EPKINLY, and lenalidomide
** The brokerage says the progression-free survival, a measure of time lived without the disease worsening, came ahead of its expectations, and aligns with Roche therapies
** Success in this trial is needed to convert the accelerated regulatory approval of the therapy into a full approval, it adds
** JPM notes, however, that overall patient survival data remains immature at this stage and detailed findings at an upcoming medical meeting are required to fully assess the commercial potential
** Genmab is the top gainer on the pan-European STOXX 600 index .STOXX
** The stock, at its highest since April, is on track for its best day since February 2025
(Reporting by Agnieszka Gosciak-Rabalska)
((Agnieszka.Gosciak@thomsonreuters.com; +48 58 769 66 00;))
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