Genmab Stock Rises 4.4% as Drug Royalties Lift Outlook
Genmab (GMAB) shares rose about 4.4% after the company reported first-half revenue up 25% to $2.05B, driven by royalty revenue up 24% to $1.71B. Management raised full-year revenue guidance to $4.325B-$4.525B and adjusted operating profit to $1.225B. Royalty strength was linked to Darzalex and Kesimpta, according to the article.



