Ad-hoc | 6 July 2010 20:08


Genmab Announces Interim Results of Ofatumumab Phase II Study in Multiple Sclerosis

Genmab A/S / 

06.07.2010 20:08

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Summary:  Genmab announces interim results from a Phase II study of ofatumumab  
in RRMS.                                                                        

Copenhagen, Denmark; July 6, 2010 - Genmab A/S (OMX: GEN) announced today       
positive interim results from an ofatumumab Phase II safety and pharmacokinetics
study in patients with relapsing-remitting multiple sclerosis (RRMS).           

A total of 38 patients were included in the trial, of which 12 patients received
placebo and 26 patients received ofatumumab intravenously. Patients were treated
with ofatumumab at the dose levels of 100 mg, 300 mg or 700 mg and followed for 
24 weeks. There were no dose limiting toxicities, no unexpected safety findings 
and the rates of infection were comparable between the groups.  Efficacy was    
assessed as a secondary endpoint.  Although the study included a small number of
patients, statistically significant reductions in the number of brain lesions   
(gadolinium-enhancing T1 lesions and new/enlarging T2 lesions) as measured on   
serial MRI scans from week 8 to week 24 were seen on ofatumumab as compared to  
placebo and the reductions were seen in all dose groups.                        

'We are encouraged by the first results from this initial Phase II study of     
ofatumumab in RRMS, and are looking forward to seeing the full study results    
later this year,' said Prof. Jan G.J. van de Winkel, Ph.D., Chief Executive     
Officer of Genmab.                                                              

About the study                                                                 
This double blind, randomized, dose-escalation trial includes patients with RRMS
with demonstrated disease activity as evidenced by recent occurrence of relapses
and/or MRI activity.  Patients are randomized to receive two infusions of 100   
mg, 300 mg or 700 mg of ofatumumab or placebo. After 24 weeks, the patients     
randomized to placebo will be treated with ofatumumab and patients who received 
ofatumumab will receive placebo. Thus, each patient will receive two            
administrations of ofatumumab with 24 weeks follow-up, resulting in a total     
treatment period of 48 weeks duration.                                          

The objective of the study is to evaluate the safety of three doses of          
ofatumumab in patients with RRMS. The primary endpoints of the study were safety
and pharmacokinetics.                                                           

About RRMS                                                                      
Multiple Sclerosis (MS) is an inflammatory disease of the central nervous       
system.  MS is twice as common in females as in males, occurs with a peak       
incidence at the age of 35 years and incidence varies widely in different       
populations and ethnic groups.  The etiology of MS remains unknown, but the     
geographic variation points towards possible environmental and genetic factors. 
The most common form of MS is relapsing-remitting MS characterized by           
unpredictable recurrent attacks where the symptoms usually evolve over days and 
are followed by either complete, partial or no neurological recovery. No        
progression of neurological impairment is experienced between attacks.          

About ofatumumab                                                                
Ofatumumab is a novel human monoclonal antibody.  It targets a part of the CD20 
molecule on B-cells encompassing an epitope in the small loop.                  
Ofatumumab is being developed under a co-development and commercialization      
agreement between Genmab and GlaxoSmithKline. Ofatumumab is not yet approved in 
any country for RRMS.                                                           

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.                                                           

This Stock Exchange Release contains forward looking statements. The words      
'believe', 'expect', 'anticipate', 'intend' and 'plan' and similar expressions  
identify forward looking statements. Actual results or performance may differ   
materially from any future results or performance expressed or implied by such  
statements. The important factors that could cause our actual results or        
performance to differ materially include, among others, risks associated with   
product discovery and development, uncertainties related to the outcome and     
conduct of clinical trials including unforeseen safety issues, uncertainties    
related to product manufacturing, the lack of market acceptance of our products,
our inability to manage growth, the competitive environment in relation to our  
business area and markets, our inability to attract and retain suitably         
qualified personnel, the unenforceability or lack of protection of our patents  
and proprietary rights, our relationships with affiliated entities, changes and 
developments in technology which may render our products obsolete, and other    
factors. For a further discussion of these risks, please refer to the section   
'Risk Management' in Genmab's Annual Report, which is available on              
www.genmab.com.  Genmab does not undertake any obligation to update or revise   
forward looking statements in this Stock Exchange Release nor to confirm such   
statements in relation to actual results, unless required by law.               

Genmab(R); the Y-shaped Genmab logo(R); HuMax(R); HuMax-CD20(R); HuMax-EGFr(TM);
HuMax-IL8(TM); HuMax-TAC(TM); HuMax-HepC(TM); HuMax-CD38(TM); HuMax-CD32b(TM);  
HuMax-TF(TM); HuMax-Her2(TM); HuMax-VEGF(TM); HuMax-Wnt; HuMax-cMet(TM) and     
UniBody(R) are all trademarks of Genmab A/S. Arzerra(R) is a trademark of       
GlaxoSmithKline.                                                                

Contact: Julia Phillips, Financial Dynamics, T: +44 2072697187; M: +44
7770827263; E: Julia.Phillips@fd.com 
                                  
                                                                                
Stock Exchange Release no. 25/2010                                              

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News Source: NASDAQ OMX



06.07.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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Language:     English
Company:      Genmab A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010272202
WKN:          
 
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