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Genmab reports Q3 operating profit $459M, consensus $370.1M

Reports Q3 revenue $1.02B, consensus $987.2M. The company said, “”In the third quarter we made advances that underscore the potential of our late-stage portfolio; Epcoritamab moved closer to being available to patients in earlier lines of therapy for follicular lymphoma and Rina-S was granted Breakthrough Therapy Designation in advanced endometrial cancer. With robust development plans for both epcoritamab and Rina-S and with Tivdak now available for prescribing in Germany – our first commercial entry into a European market – we continue to execute on our strategic imperatives to accelerate our late-stage pipeline and maximize our approved medicines to reach more patients.”

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