Genmab — November 2017

StockBull

Well in Q4-2016 everybody also said 1400 within 6 month was too optimistic and we hit 1488 in april 2017 so I thinl its realsisic with 1700 in April 2018 - also seen from the point of view that C20, DAX etc. increased +15% in 2017 and Genmab now underperforming compared to C20

E_L

The Dutch National Health Care Institute advising NOT to add daratumumab to the base Insurance package, unless price negotiations improve cost-effectiveness https://www.zorginstituutnederland.nl/publicaties/adviezen/2017/11/29/pakketadvies-daratumumab-darzalex-bij-multipel-myeloom

E_L

sort of expected after the advisory committee adviced this last month. usefull read of the pdf if you understand dutch...

StockBull

OK, whats the base - One could then think its added to the next insurance level (above the base)

E_L

they sort of indicate DarBorDex needs to drop 30% in price, DarLenDex 70% to get into the cost effectiveness range...

E_L

'" relevant is also that part of the extra cost of DarLenDex are that treatment is longer" . No shit Sherlock... It works , so patients live longer, so you have to pay longer... who would have thought...

StockBull

OK, so how will the treat the people with MM ? I understand Darzalex are price competitive compared to other treatment options

Sukkeralf

With LenDex or BorDex

E_L

and this will be used by the ministry of health to negotiate with JNJ. The letter asks parties to do this as fast as possible in the interest of patients and in the mean time they ask the manufacturer to provide Dara at the cost of the manufacturer...

GeorgeBest

Are the Dutch the European mainland Scottish? Why not give it for free?

E_L

yeah... NL is a nice market, with good health care, but i believe it is too small for JNJ to set a precedent by dropping prices too much... Let's hope negotiations go fast

StockBull

NL healte ministry are doing what they have to do - it would be stupid not to try negotiate a better price

rex_pacis

Sure, but I wonder why NL should not pay the same as other countries

StockBull

eventually they will have to come to some kind of agreement

StockBull

true - maybe its just politic - looks stupid in the public if they do not try to negotiate something better

StockBull

or maybe they dont have any money on 2017 budget

Sukkeralf

Lidt bekymrende at vi falder så meget tilbage i dag - NBI vendte i går rundt fra minus til plus, så det burde i princippet give lidt ekstra til Genmab.

Nickstar

Synes det har været bekymrende i månedsvis. Den ligger i samme niveau som slut maj sidste år. Halvandet år uden at komme videre op.

Helge_LarsenPI-redaktør

Det hele drejer sig vel bare om,at større investorer mener at de kan finde bedre afkastmuligheder på kort- eller mellemlang sigt end de kan i Genmab. Den slags er jo helt almindeligt forekommende i de fleste udviklingsselskabers historik.

Raun

I går så vi samme faldende tendens, først på dagen.... Mener de va ved 11-12 tiden at aktien begyndte den pludselige stigning, med øget omsætning..... Hvis det er luk af shots, skulle vi gerne se samme mønster i dag...