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Friday, April 17, 2015

Genmab A/S Achieves USD 10 Million Milestone In Daratumumab Collaboration With Janssen Biotech Inc.

Genmab A/S announced today it has reached the fifth milestone in its daratumumab collaboration with Janssen Biotech, Inc. . The USD 10 million milestone payment was triggered by progress in the ongoing Phase III study which compares daratumumab in combination with bortezomib, melphalan and prednisone to bortezomib, melphalan and prednisone alone as front line treatment for patients who are not considered candidates for stem cell transplantation .

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