Biopharmaceutical company (acquired)
Appears in 1 story · Last updated Nov 1, 2026
Wholly owned by Genmab after $8 billion deal
Genmab's experimental head and neck cancer drug, petosemtamab, cut the risk of death in half when added to Merck's Keytruda in a late-stage trial. Shares hit a record on October 28, the company's third late-stage win in quick succession. Analysts at William Blair called the data 'exceedingly positive.'
Updated Nov 1
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