Genmab's Epcoritamab Trial Results Lead to Stock Decline
Genmab A/S's stock fell 5.47% today, hitting a 5-day low amid broader market weakness with the Nasdaq-100 down 0.14% and the S&P 500 down 0.02%.
The decline follows the announcement of the EPCORE DLBCL-1 trial results for Epcoritamab, which showed a significant improvement in progression-free survival (PFS) with a hazard ratio of 0.74. However, the lack of statistically significant overall survival improvement raised investor concerns, leading to a 7% drop in stock price. Despite the promising PFS results, the market reacted negatively due to the overall survival data not meeting expectations.
This situation highlights the challenges Genmab faces in gaining investor confidence despite advancements in treatment options for patients with relapsed or refractory DLBCL. The company plans to engage with global regulatory authorities to discuss future steps for Epcoritamab, which may influence its market position moving forward.
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- Surge in FDA Approvals: In 2025, over 50 FDA approvals were granted, with 20 in Q4 alone, indicating strong institutional confidence in late-stage platforms, which benefits Oncolytics Biotech by attracting increased investor interest.
- Leadership Enhancement: Oncolytics Biotech appointed John McAdory as Executive Vice President of Strategy and Operations and Yujun Wu as Vice President of Biostatistics, both bringing extensive late-stage clinical trial experience to drive complex multi-country registration trials.
- Impressive Clinical Data: In colorectal cancer patients, the combination of pelareorep and chemotherapy achieved a 33% response rate, significantly surpassing the traditional 6-11% response rate, showcasing its competitive edge and potential commercial value in the market.
- Phase 3 Trial Design Approved: Oncolytics Biotech has secured FDA approval for its Phase 3 trial design for pancreatic cancer, marking the imminent launch of its registration trial in this notoriously difficult-to-treat area, further solidifying its market position.
- Surge in FDA Approvals: In 2025, over 50 FDA drug approvals were granted, with 20 in Q4 alone, indicating strong institutional confidence in late-stage platforms, positioning Oncolytics Biotech to benefit from increased capital inflow.
- Leadership Enhancement: Oncolytics Biotech announced the hiring of two key executives, John McAdory as EVP of Strategy and Operations and Yujun Wu as VP of Biostatistics, whose extensive experience will enhance the company's execution in complex multi-country registration trials.
- Impressive Clinical Data: In colorectal cancer, pelareorep combined with chemotherapy achieved a 33% response rate, three times higher than traditional treatments, showcasing its competitive edge and likely attracting more investor interest.
- Regulatory Approval Secured: Oncolytics Biotech has received FDA approval for its Phase 3 trial design for pancreatic cancer, making it the only immunotherapy registration trial planned for this challenging disease, further solidifying its market position.

- AI Investment Opportunity: Alphabet showcases strong cash flow and market leadership with a 34% year-over-year growth in Google Cloud, making it an attractive option for patient investors looking to capitalize on AI technologies.
- Technological Edge: Nvidia revealed at CES 2026 that the revenue potential for its Blackwell and Rubin systems exceeds $500 billion, having secured over half of Taiwan Semiconductor's advanced packaging capacity, indicating robust demand and market dominance in the AI sector.
- Immunology Growth: AbbVie's Skyrizi and Rinvoq achieved year-over-year growth of 46% and 34% in Q3, respectively, with combined sales expected to reach $31 billion by 2027, demonstrating resilience and a diversified strategy post-Humira patent loss.
- Brokerage Business Expansion: Interactive Brokers reported a 21% year-over-year increase in net interest income to $967 million in Q3 2025, with client cash balances hitting $150 billion, reflecting strong performance and market expansion potential in a high-interest rate environment.
- Google Cloud Growth: Alphabet's Google Cloud achieved a 34% year-over-year growth in Q3, with revenue reaching $15.2 billion, indicating strong demand for generative AI, which is expected to further drive overall revenue growth and solidify its market position.
- Nvidia Market Dominance: At CES 2026, Nvidia revealed that the revenue potential for its Blackwell and Rubin systems exceeds $500 billion, and it has secured over half of Taiwan Semiconductor's advanced packaging capacity, which is expected to significantly enhance its profitability and market share.
- AbbVie Immunology Growth: AbbVie's Skyrizi and Rinvoq saw year-over-year growth of 46% and 34% in Q3, respectively, with combined sales expected to reach $31 billion by 2027, demonstrating strong market performance after losing Humira's patent exclusivity.
- Interactive Brokers Client Growth: Interactive Brokers reported a 21% year-over-year increase in net interest income to $967 million in Q3 2025, with client cash balances reaching $150 billion and customer count rising to 4 million, showcasing its strong growth potential in a high-interest rate environment.
- Sales Growth: Genmab's flagship antibody therapy DARZALEX achieved net sales of $14.35 billion in 2025, reflecting a 23.8% increase from $11.67 billion in 2024, indicating sustained global demand and market acceptance.
- U.S. Market Performance: Sales in the U.S. reached $8.27 billion in 2025, up 25.8% from $6.59 billion in 2024, showcasing the therapy's widespread application and recognition in multiple myeloma treatment.
- International Market Expansion: International sales rose from $5.08 billion in 2024 to $6.08 billion in 2025, marking a 19.7% increase, demonstrating Genmab's successful market penetration and product promotion strategies globally.
- Future Outlook: Genmab is set to report its annual results for 2025 on February 17, 2026, which is expected to further solidify its leadership position in antibody therapies and provide investors with clearer growth prospects.
- Strong Sales Performance: Genmab announced that global net sales of DARZALEX® (daratumumab) reached $14.35 billion in 2025, with $8.27 billion from the U.S. and $6.09 billion from the rest of the world, indicating robust demand and growth potential for the drug in the global market.
- Royalty Revenue: Genmab's royalties from Johnson & Johnson (J&J) on worldwide net sales reinforce its market position in the antibody drug sector and provide stable funding for future research and development initiatives.
- Market Expansion Potential: With ongoing promotion of DARZALEX® and the development of new indications, Genmab is poised to further increase its market share in the coming years, particularly in the competitive landscape of global cancer treatment.
- Innovation-Driven Growth: Genmab is committed to improving the lives of cancer patients through innovative antibody medicines and will continue to advance its strong clinical pipeline, aiming to deliver transformative therapies and enhance its influence in the biotechnology industry.










