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Genmab

Develops and licenses antibody cancer therapeutics

Overview

Genmab develops antibody-based therapies to treat cancer. The company discovers, develops, and commercializes proprietary antibody technologies and treatments designed to target and kill cancer cells, often in collaboration with other biotech or pharmaceutical partners. Its products work by using antibodies that recognize specific cancer cell markers, helping the immune system or the drugs attack and destroy those cells. Genmab differentiates itself through its own patented antibody platforms and its focus on strategically partnering for development and commercialization, allowing it to leverage scientific expertise and shared resources rather than relying on a single product. The company aims to turn scientific insights into approved cancer medicines that improve patient outcomes while building value through licensing deals and collaborations with researchers and drug developers around the world.

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About Genmab

Simplify's Rating
Why Genmab is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

BiotechnologyHealthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Copenhagen, Denmark

Founded

1999

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Simplify's Take

What believers are saying

  • August 6, 2026 Genmab raised 2026 revenue guidance to $4.325-$4.525 billion.
  • European Commission approved TEPKINLY on July 6, 2026, expanding epcoritamab's lymphoma franchise.
  • Merus deal adds petosemtamab, giving Genmab a deeper solid-tumor pipeline starting 2026.

What critics are saying

  • July 23, 2026 EPCORE DLBCL-1 missed U.S. overall survival, weakening epcoritamab's expansion story.
  • Genmab carries about $5.2 billion borrowings after the 2025 Merus acquisition.
  • DARZALEX royalty growth eventually fades after 2029; pipeline failures then hit the business hard.

What makes Genmab unique

  • Genmab monetizes royalty-heavy oncology franchises, especially DARZALEX and Kesimpta, funding R&D.
  • Its DuoBody platform produced epcoritamab, EPKINLY, and several next-generation bispecific programs.
  • Genmab commercializes Tivdak independently outside the United States, proving real launch capability.

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Funding

Total Funding

$946.6M

Above

Industry Average

Funded Over

8 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • 401(k) Retirement Plan
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%
Associated Press
Oct 13th, 2026
Darzalex net sales hit $4.2B in Q3 2026, with $2.5B from the US

Genmab said worldwide net sales of its cancer drug DARZALEX reached $4,239 million in the third quarter of 2026, as reported by Johnson & Johnson (J&J). The Copenhagen-based biotech announced the figure on October 13, 2026. Sales in the US were $2,528 million, while the rest of the world accounted for $1,711 million. The total includes the subcutaneous version, sold as DARZALEX FASPRO in the US. Genmab receives royalties on worldwide sales of both the intravenous and subcutaneous products. J&J holds an exclusive worldwide licence to develop, manufacture, and commercialise daratumumab, the drug's active ingredient.

Finans
Oct 6th, 2026
Genmab investors on cloud nine after promising data - stock sees biggest gain in six years.

Genmab investors on cloud nine after promising data - stock sees biggest gain in six years. Oct. 6, 2026 at 15:40 MarketWire There is a tailwind on the bike path for Genmab on Tuesday, as the stock advances, analysts raise their price targets in droves, and the market value rises by DKK 13 billion to DKK 161 billion an hour and a half before the stock exchange's closing time. The share price gain is 9 percent to DKK 2,587 - and it is the biggest single-day price increase in more than six years. It is the results from Genmab and the partner... Written for companies. By those who know them Finans Kvartal Subscription for one user Unlimited access for 3 months Annual price: DKK 5,180 Finans Årlig Subscription for one user Save DKK 680 Unlimited access for 12 months Annual price: DKK 4,500 Finans Business Subscription for multiple users Finans Business is for businesses that want a tailored solution with multiple accesses combined in one subscription. Payment options Try Finans for 30 days - and get access to all content. Order access

Finans
Oct 5th, 2026
Genmab tops red C25 after study data.

Genmab tops red C25 after study data. Oct. 5, 2026 at 11:56 MarketWire Genmab took the top spot in the Danish elite index on Monday after positive trial data for a new drug candidate, while upward revisions are helping send ChemoMetec and Alm. Brand higher among the small-cap stocks. - It is a market without any major swings compared to Friday. Not much has happened over the weekend, so the things that were in focus... Written for companies. By those who know them Finans Quarterly Subscription for one user Unlimited access for 3 months Annual price: DKK 5,180 Finans Annual Subscription for one user Save DKK 680 Unlimited access for 12 months Annual price: DKK 4,500 Finans Business Subscription for multiple users Finans Business is for companies that want a tailor-made solution with multiple accesses combined in a single subscription. Payment options Try Finans for 30 days - and get access to all content. Order access

Yahoo Finance
Aug 13th, 2026
Genmab raises 2026 revenue guidance to $4.5B despite epcoritamab setback; AbbVie reports $17B Q2 revenue

Genmab and AbbVie confirmed on 23 July that their jointly developed bispecific antibody epcoritamab failed to meet its primary endpoint in a Phase 3 trial. The study evaluated epcoritamab monotherapy against chemoimmunotherapy in transplant-ineligible adults with relapsed/refractory diffuse large B-cell lymphoma. In the US, where overall survival was the sole primary endpoint, the trial did not demonstrate statistically significant improvement. Despite the setback, epcoritamab maintains its accelerated FDA approval. Both companies will review the full data set with regulators to determine next steps. Genmab reported H1 2026 revenue of $2.051 billion, up 25% year-over-year, raising full-year guidance to $4.325–$4.525 billion. AbbVie posted Q2 2026 net revenues of $16.99 billion, up 10.2%, driven by its immunology portfolio generating $8.79 billion.

Yahoo Finance
Aug 6th, 2026
Genmab raises 2026 revenue guidance to $4.4B despite shares falling 2.6%

Genmab reported first-half 2026 revenue of $2.05 billion, up 25% year-on-year from $1.64 billion, though shares fell 2.6% following the announcement. The Danish biotechnology company's growth was driven by higher DARZALEX and Kesimpta royalties and increased EPKINLY net product sales. Royalty revenue reached $1.71 billion, up 24% from $1.38 billion. Global net sales of EPKINLY/TEPKINLY surged 48% to $312 million from $211 million. Adjusted operating profit increased to $656 million from $554 million in the prior-year period. Genmab raised its full-year 2026 revenue guidance to a range of $4.33 billion to $4.53 billion, up from the previous range of $4.07 billion to $4.40 billion.

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