Genmab reports positive RA data for HuMax-CD20

Genmab released new Phase II data for HuMax-CD20 demonstrating its effectiveness as an experimental antibody therapy for rheumatoid arthritis. Although the drug--also called Ofatumumab--did not do better than MabThera, a competing drug from Roche, researchers said the data warranted a push into late-stage trials in the last half of this year. GlaxoSmithKline bought the global rights to HuMax-CD20 in a deal worth a potential $2.1 billion payoff. Initial research has focused on its utility as a treatment for blood cancers, but a big potential payoff would come with an approval for use against RA.

- see this release on the data
- check out the AFX report for more

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Glaxo forges $2.1B deal for HuMax-CD20. Report