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Genmab A/S (GMAB) to Acquire ProfoundBio for $1.8B Cash

Genmab A/S (GMAB) to Acquire ProfoundBio for $1.8B Cash
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Genmab to Broaden and Strengthen Oncology Portfolio with Acquisition of ProfoundBio

Company AnnouncementGenmab to acquire ProfoundBio for USD 1.8 billion in cash Acquisition will give Genmab worldwide rights to three candidates in clinical development, including rinatabart sesutecan (Rina-S), plus ProfoundBio’s novel antibody-drug conjugate (ADC) technology platforms Rina-S is a novel, next-g. ....

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