Genmab Reports $4.24 Billion in Q3 DARZALEX Sales, Earns Royalties From J&J

MT Newswires Live10-13

Genmab (GMAB) said Tuesday that Q3 worldwide net sales of DARZALEX, including its subcutaneous formulation, totaled $4.24 billion, as reported by Johnson & Johnson (JNJ).

It said U.S. sales reached $2.53 billion, while sales in the rest of the world were $1.71 billion.

Genmab said it receives royalties on worldwide net sales of both intravenous and subcutaneous formulations under its exclusive global licensing agreement with J&J for the development, manufacturing and commercialization of daratumumab.

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