Genmab A/S: Genmab Announces Updated Follow-Up Analyses from Phase 2 Study of Petosemtamab Demonstrate Meaningful Objective Response Rates in Patients with Metastatic Colorectal Cancer
Genmab (GMAB) reported updated Phase 2 trial results for petosemtamab in metastatic colorectal cancer, showing 75% and 67% objective response rates in first- and second-line settings, respectively. The data supports ongoing Phase 3 trials and was presented at ESMO Congress 2026. Petosemtamab is an investigational bispecific antibody targeting EGFR and LGR5.
How this was made
The 30-second read
Why it matters
The Phase 2 results provide a tangible efficacy signal that could de‑risk the upcoming Phase 3 trials and affect the company's valuation.
Market read
First‑time disclosure of strong Phase 2 efficacy data; likely catalyst for Genmab and related oncology biotech stocks.
What to watch
Long‑term durability and comparative efficacy versus existing EGFR therapies remain uncertain.
Background
Genmab is a Copenhagen‑based biotech developing bispecific antibodies; petosemtamab targets EGFR and LGR5 in colorectal cancer.
Ticker impact
Genmab announced updated Phase 2 follow‑up data showing 75% objective response rate in first‑line metastatic colorectal cancer patients.
likely upward pressure as market prices in the strong response rates.
The data are a first‑time disclosure of high efficacy, a material catalyst for a biotech with an upcoming Phase 3 program.
Market effects
Boosts sentiment for oncology biotech stocks and may raise valuations of similar bispecific antibody programs.
European markets could see a modest rally in biotech indices following the announcement.
Adds positive momentum to the global biotech sector, potentially influencing investor appetite for late‑stage trial news.
Counterpoint
Skeptics may argue the sample size is limited and safety signals could temper enthusiasm.
Key entities
- companyGenmab A/S
Biotech firm developing petosemtamab.
- drugPetosemtamab (GEN1158)
Investigational bispecific antibody targeting EGFR and LGR5.


