Genmab — April 2020

[Bulder]

Tak Sw1

[E_L]

oh, ok, so that is their recent opinion. weird, I already consider the 1400 Dara value by CS low...

[kkjoel]

GB, you've got it all

[Stockwatch1]

CS - Lidt uddybning af blue sky: Our Blue Sky scenario gives a valuation of DKK2460. Our Blue Sky scenario is based on stronger sales of Darzalex (USD 10bn in 2025), and ofatumumab (USD 5.1bn in 2025) and 100% pipeline success.

[Bulder]

4.5 mia $ for ofa i rms i 2025 er vist pænt over konsensus. Lå det ikke omkring 1 mia?

[E_L]

ok, they appear to put hardly any value in the pipeline for the 1950 valuation, with NPV of unpartnered products at DKK35/share

[E_L]

so one would imagine a CD3/CD20 deal at reasonable terms would imediately get them to raise target

[kkjoel]

GB, er HSBCs kursmål 930 OG en "reducer" anbefaling? (eller reducerede de deres kurmål..)

[Solsen]

10% of $4,5bn is a lot

[GeorgeBest]

kkjoel 11:48. HSBCs anbefaling er reducer - med kursmål 930

[DevOp]

Ja, HSBC må jo have vurderet upside-risikoen grundigt.. bob bob...

[DevOp]

Dara SC godkendelse, Ofa godkendelse og partneraftale i nævnte rækkefølge, så kan de vist bare sætte et "1" foran.

[E_L]

next week we'll get the ASCO Abstract Titles Released and then May 6 we may get some insight from Jan on any Corona impact on Dara sales?

[StockBull]

Genmab ser sku stærk ud og mon ikke en partnerdeal forhåbentligt inden udgang af Q2 får kursen i ny ATH. P.t oppe med ca. 8% for 2020

[GeorgeBest]

Jan mener partnerdeal kan være på plads omkring halvårsskiftet på trods af corona. Iflg. Stockwatch1 kl. 11.33 så mener Credit Suisse den kommer i andet halvår

[kkjoel]

juni, juli - tomato, tomaato

[Bulder]

Mon ikke Winkel kommer det lidt nærmere om et par uger?

[Bulder]

Bliver der forresten q&a igen, Helge?

[E_L]

re Tepezza (teprotumumab) : IGF-1R drugs travel from cancer cradle to Graves’ https://www.nature.com/articles/s41587-020-0481-8

[E_L]

“I’ve had patients crying and hugging me” after receiving Tepezza, adds Wester, who was involved in the drug’s clinical testing. “For those patients who have a good response, it’s really life-altering for them.”