Genmab shares drop 7.9% as interim zalutumumab data disappoint investors

12 January 2009

Shares in Danish biotechnology firm Genmab fell 7.9% to 212.50 Danish kroner on January 7, after it reported survival data on zalutumumab that  did not warrant a Phase III trial in refractory head and neck cancer be  stopped early, though the independent Data Monitoring Committee  concluded that the benefit risk profile is so far "acceptable."

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