AbbVie Signs $3.9 Billion Oncology Deal with Genmab
The partners will develop and hopefully commercialize up to seven new cancer drugs.
Genmab has developed multiple technologies for creating antibody-based drugs, generates revenue through royalties on partner-produced drugs, and has a robust pipeline to feed future growth.
Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
---|---|---|---|---|
GMAB
Genmab A/S
|
$36.44 | $24B | -19.6% | 72.2% |
ILMN |
$219.83 | $35B | -56.8% | 16.7% |
BMY |
$74.13 | $158B | 11.9% | 50.7% |
EXEL |
$19.51 | $6B | 4.9% | -27.6% |
GILD |
$66.33 | $83B | -3.4% | 9.0% |
The partners will develop and hopefully commercialize up to seven new cancer drugs.
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