Genmab hits record high on positive data for cancer drug petosemtamab
FROM THE WIRE · FINANCE.YAHOO.COM
Genmab scores a ‘hat trick’ with positive data for its experimental cancer drug, petosemtamab, Jefferies says. Continue Reading
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishPositive trial data for an experimental cancer drug push a biotech stock to a record high.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01According to Jefferies, Genmab has positive data for petosemtamab.
- 02The experimental drug slashes risk of death by 50%.
- 03The stock has reached a new record high.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Genmab A/S58.19 USD-0.45%today +30.27%Positive AbbVie Inc.286.59 USD-0.36%today +0.07%Neutral GSK plc48.51 USD-0.46%today -4.77%Neutral Johnson & Johnson271.33 USD-0.05%today +0.97%Neutral Merck & Co., Inc.140.29 USD-0.06%today -1.08%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets