Genmab A/S Wants Partner for Cancer Drug Zalutumumab; Drug Shows Positive Phase III Results

COPENHAGEN, Denmark, Oct 18, 2010 (GlobeNewswire via COMTEX) -- Summary: Genmab provides an update on the potential regulatory pathway for zalutumumab.

Genmab A/S (copenhagen:GEN) announced today an update on the potential regulatory pathway for zalutumumab following preliminary, non-binding discussions with a number of selected national European regulatory authorities and the FDA. Based on overall feedback from regulatory authorities in Europe, Genmab believes a Marketing Authorization Application(MAA) for zalutumumab could be pursued based on the data from the Phase III study in patients with recurrent or metastatic squamous cell carcinoma of the head and neck (SCCHN) who failed standard platinum-based therapy, reported earlier this year. Additional clinical study data would, however, be required prior to submitting a regulatory application in the US.

“Our discussions with the regulatory authorities have been very productive and we are encouraged by the overall feedback we have received,” said Prof. Jan vande Winkel, Ph.D., Chief Executive Officer of Genmab. “We are advancing our partnership discussions in earnest and feel confident that our potential future development partner would be able to move forward with a European regulatory filing for zalutumumab.”

About Genmab A/S

Genmab is a leading international biotechnology company focused on developing fully human antibody therapeutics for the potential treatment of cancer. Genmab’s world class discovery and development teams are using cutting-edge technology to create and develop products to address unmet medical needs. Our primary goal is to improve the lives of patients who are in urgent need of new treatment options. For more information on Genmab’s products and technology, visit www.genmab.com.

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