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Genmab soars to record highs after cancer drug succeeds in key trial

BioPharma DiveView source article

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Genmab's petosemtamab cuts death risk by half in head and neck cancer trial

Danish drugmaker Genmab reported its experimental drug petosemtamab reduced the risk of death by 50% in a late-stage study of patients with head and neck cancer, sending US-traded shares up 28%.

Oct 28, 2026·3 sourcesClinical trial endpointsPharmaceutical IndustryCancer immunotherapyCancer & OncologyCancer treatmentDrug developmentClinical trialsCancer and Cancer Treatment
Genmab's petosemtamab cuts death risk by half in head and neck cancer trial
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Endpoints

Genmab's stock rises on cancer data, while Iovance, Coherus tumble

The Wall Street Journal

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