Genmab A/S announced the opening of a new U.S. hub in New Jersey, marking a strategic operational expansion for the Danish biotechnology company. This new hub is intended to drive global growth and support the company's increasing commercialization efforts.
The establishment of a U.S. hub aligns with Genmab's focus on antibody-based therapies for cancer and serious diseases. This expansion is expected to enhance the company's presence and capabilities in a critical market.
The move reflects Genmab's ongoing transformation into an integrated biotechnology company, directly commercializing its own medicines. This operational milestone supports the acceleration of its late-stage pipeline and maximizes the potential of its commercialized products.
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