Genmab Announces Updated Follow-Up Analyses from Phase 2 Study o
Genmab (GMAB) reported updated Phase 2 trial data for petosemtamab, showing 75% and 67% objective response rates in 1L and 2L mCRC patients, respectively. The study, presented at ESMO 2026, supports ongoing Phase 3 trials. Petosemtamab, targeting EGFR and LGR5, is being evaluated in multiple solid tumors. Genmab will host an investor update on October 28.
How this was made
The 30-second read
Why it matters
The updated efficacy numbers provide a concrete catalyst for short‑term price movement and set expectations for the Phase 3 read‑outs.
Market read
Positive Phase 2 data may lift Genmab and related biotech stocks ahead of upcoming Phase 3 trials.
What to watch
Upcoming Phase 3 trial design and competitive landscape in colorectal cancer could affect long‑term upside.
Background
Genmab is a Copenhagen‑based biotech with several approved antibodies; petosemtamab is in Phase 2 and moving toward four Phase 3 LiGeR trials.
Ticker impact
Genmab released updated Phase 2 follow‑up data showing 75% ORR in 1L and 67% in 2L metastatic colorectal cancer patients.
likely upward pressure as investors price in improved efficacy and upcoming Phase 3 trials.
High response rates and durable disease control are material clinical milestones that typically lift biotech valuations.
Market effects
strengthens the EGFR/LGR5 bispecific antibody space and may boost peer biotech valuations.
European biotech markets could see modest gains on the data.
Limited to biotech investors; no broad market effect.
Counterpoint
Skeptics may argue the data set is small and safety signals (IRRs) could temper enthusiasm.
Key entities
- companyGenmab A/S
International biotech developing petosemtamab.
- drugPetosemtamab (GEN1158)
Bispecific antibody targeting EGFR and LGR5.


