By Colin Kellaher
Genmab is pulling the plug on its acasunlimab cancer-drug candidate as part of a portfolio prioritization by the Danish biotechnology company.
Genmab on Monday said that while acasunlimab study data have been encouraging, the move reflects a thorough assessment of the evolving competitive landscape.
Genmab said it will focus its resources on the most value-creating opportunities in its late-stage portfolio, including Epkinly, petosemtamab and rinatabart sesutecan.
The company said its decision to scrap acasunlimab doesn't affect its full-year 2025 financial guidance.
Genmab in September struck a deal to buy cancer-treatment developer Merus for around $8 billion in cash.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 29, 2025 08:38 ET (13:38 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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