Genmab — September 2020

[Sukkeralf]

Good work again E L

[E_L]

and finally in exhibit 10.6 it reeds "The Parties agree to negotiate for a period ending on 31 August 2020 with the intent to agree in good faith on a non-binding term sheet that includes all key financial terms for a license agreement between the Parties whereby ADCT acquires Genmab’s share of the ADC"

[E_L]

so looks as if Genmab is trying to divest it

[E_L]

ADCT better raise a lot of money then so they can afford the payoff

[lahn1]

Nogen der ved hvilket samarbejde Genmab har med U-Protein Express i Utrecht ?

[kkjoel]

So, must we assume that they have closed the agreement (31 Aug 2020) and/or will GEN be obliged to publish the main terms upon signing it?

[kkjoel]

Btw, great find, EL

[E_L]

My guess is that , because indeed they have to publish upon closing, it hasn't been fully finalised yet? it seems 31aug was the date the term sheet had to be ready

[kkjoel]

Ok. Could be quite a large amount GEN gets out of this, I suppose. We'll see - excitedly awaiting.....

[E_L]

@lahn1 i only know they are in the same location https://www.utrechtsciencepark.nl/en/home/about-the-park/news/immunoprecise-antibodies-collaborates-in-life-sciences-in-the-netherlands

[StockBull]

Der er jo nærmest kunst med de streger. Ufatteligt så precist kursen følger retningen mod de 2550 som kunne være target inden næste retracement https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/86954_Kunst.JPG

[Mcjean]

Sejt! hvordan ser stregerne ud oppe ved 10.000-området? Er det ren fibonacci tilsat lidt Per Arnoldi kruseduller eller er vejen ryddet til snarlig end-station?:-D

[lahn1]

@EL Thx

[StockBull]

Har været på Vincent van Gogh museumet i Amsterdam og efter dette besøg er det gået meget godt med stregerne 5000 er mulig i Q1 2022 såfremt kursen holder sig inde i kanalen, meeen Genmab er nok opkøbt inden med 50% premium

[Rune2494]

Hvordan lyder raslen på vandrørene i forhold til takeover efterhånden? Udover herinde i chatten er der godt nok langt imellem, at jeg hører
nogen gisne om det

[Darvin]

EL and kkjoel - Do not think now it should be read as if Genmab is on its way out. It addresses the risks associated with investing in ADCT. The probability is probably primarily that the parties reach an agreement regarding license and the financial. If they do not agree, a divestment process can start. I wonder if it is most likely that they will agree on license terms. BTW If not - Genmab also has the option to take over.

[Mcjean]

@Stockbull, Ja det bliver så et dyrt opkøb, men det er ved at være sidste udkald for de store, de får ikke Genmab med 50%, hvis deres nye guldæg virker, så får de slet ikke Genmab, så vil de blive blandt de allerstørste inden for feltet, måske endda de største.

[E_L]

@Darvin the Berlin hospital where the Lupus patients were treated will also start a Daratumumab Lupus trial https://www.charite.de/service/pressemitteilung/artikel/detail/autoimmunerkrankungen_gezielt_behandeln/

[E_L]

and @Bulder ; given that "Studienleiter" was Dr. Alexander, "Leiter der rheumatologischen Fachambulanz" I imagine RA could follow soon

[Bulder]

Yes, but I would prefer a large Janssen-led study in RA.