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Genmab Lands $1.1B Cancer Deal with 'Perfect Partner' J&J

By Nuala Moran
Staff Writer

Friday, August 31, 2012

LONDON – Genmab A/S signed up a "dream partner" for its anti-CD38 monoclonal antibody daratumumab, agreeing a worldwide commercialization deal with Janssen Biotech Inc., with a total potential value of more than $1.1 billion, of which $135 million is to be paid up front.

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