New antibody partnership in Europe

Country

Netherlands

argenx SE and Genmab A/S, both developers of antibody therapeutics with listings on European stock exchanges and the US Nasdaq market, have announced a deal that will see them jointly discover, develop and commercialise new products. The deal will leverage each company’s expertise by adding immunology to Genmab’s set of skills while expanding argenx’s therapeutic reach into oncology. Financial terms of the partnership were not disclosed.