financetom
Business
financetom
/
Business
/
Genmab, AbbVie Get Conditional European Commission Approval for Lymphoma Treatment
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Genmab, AbbVie Get Conditional European Commission Approval for Lymphoma Treatment
Aug 19, 2024 12:05 PM

02:41 PM EDT, 08/19/2024 (MT Newswires) -- Genmab ( GMAB ) said Monday that the European Commission granted conditional approval for Tepkinly, or epcoritamab, for the treatment of adults with relapsed or refractory follicular lymphoma after two or more lines of systemic therapy.

Tepkinly, codeveloped with AbbVie ( ABBV ) , is approved for the treatment of relapsed or refractory diffuse large B-cell lymphoma after two or more prior treatments in the European Union as well as Iceland, Liechtenstein, Norway and Northern Ireland.

The expanded approval is based on data from Epcore NHL-1 study that showed an overall response rate of 83% in patients getting Tepkinly as third-line treatment.

Genmab ( GMAB ) shares were up over 2% in recent trading, while that of AbbVie ( ABBV ) were up more than 1%.

Price: 27.58, Change: +0.63, Percent Change: +2.34

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SoftBank secures $40 billion loan to fund further OpenAI investment
SoftBank secures $40 billion loan to fund further OpenAI investment
Mar 27, 2026
March 27 (Reuters) - SoftBank Group said on Friday it has secured a $40 billion loan through a bridge facility to fund further investments in ChatGPT maker OpenAI. ...
SoftBank secures $40 billion loan to fund further OpenAI investment
SoftBank secures $40 billion loan to fund further OpenAI investment
Mar 27, 2026
March 27 (Reuters) - SoftBank Group said on Friday it has secured a $40 billion loan through a bridge facility to fund further investments in ChatGPT maker OpenAI and for general corporate purposes. The facility, which matures in March 2027, was arranged with lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corp and MUFG Bank. The Japanese...
Mexico's Central Bank Signals Rate Cut Cycle Nearing End As Reduces Rate By 25bps, Says BBVA Research
Mexico's Central Bank Signals Rate Cut Cycle Nearing End As Reduces Rate By 25bps, Says BBVA Research
Mar 27, 2026
06:10 AM EDT, 03/27/2026 (MT Newswires) -- Mexico's central bank (Banxico) cut the policy rate by 25bps to 6.75% as we expected on Thursday, acknowledging soft activity and downside risks tied to the Middle East conflict, said BBVA Research. The decision came alongside a modest upward revision to its inflation forecasts, but Banxico doesn't appear overly concerned about the outlook,...
Santander reaffirms targets as its divisified business helps to cushion against economic uncertainty
Santander reaffirms targets as its divisified business helps to cushion against economic uncertainty
Mar 27, 2026
* Santander says is on track to meet 2026-2028 targets * Bank has improved efficiency by 250 basis points in Q1 * Botin says diversification will help weather uncertainty * Investors to vote on capital increase to help fund Webster deal (Adds higher efficiency gains in paragraph 6, data on capital, shares in paragraph 8, Webster valuation from 9 onwards)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved