Financial PerformanceGMAB reported 2024 revenues that were modestly above consensus estimates, highlighting growth in key areas such as Darzalex and Kesimpta royalties.
Pipeline DevelopmentThe announcement of a Phase III study for Rina-S in endometrial cancer indicates continued pipeline development and potential future opportunities.
Stock UpgradeThe analyst is upgrading GMAB stock to OP, indicating a positive long-term outlook despite potential near-term volatility.