Genmab's key cancer drug sales jump 23 percent

16 Jul 2025, 10:31GMAB.COSource

Global sales of Genmab's key cancer drug Darzalex jumped 23% to $3.54 billion in the second quarter compared to the same period a year ago, according to a company announcement.

The sales figures for the multiple myeloma treatment were reported by partner Johnson & Johnson, which markets the drug globally.

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The strong quarterly performance, up from $2.88 billion in the second quarter of 2024, reflects continued robust demand for the therapy.

Sales in the U.S. accounted for $2.02 billion of the total, while sales in the rest of the world reached $1.52 billion.

The second-quarter results also showed a 9.3% increase over the $3.24 billion in sales from the first quarter of 2025.

Genmab, a Danish biotechnology company, developed Darzalex and receives royalties from Johnson & Johnson on its worldwide net sales.

These royalties are a primary driver of Genmab's revenue, as noted in its first-quarter financial results.

The reported sales cover both the original intravenous version of the drug and a subcutaneous formulation sold in the U.S. as Darzalex Faspro.

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