News: Genmab A/S (GEN.CO)

GEN.CO on Copenhagen Stock Exchange

74.25DKK
11:20am EST
Price Change (% chg)

kr.-0.25 (-0.34%)
Prev Close
kr.74.50
Open
kr.75.00
Day's High
kr.76.25
Day's Low
kr.73.00
Volume
219,798
Avg. Vol
411,521
52-wk High
kr.278.00
52-wk Low
kr.71.75

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Tue, Dec 8 2009

UPDATE 2-Actelion latest casualty as Roche trims portfolio

* Actelion to recognise $88.7 mln deferred revs in 6 months

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Genmab shares plunge after Roche pullout

COPENHAGEN, Dec 7 (Reuters) - Shares in Danish biotech firm Genmab opened down nearly 10 percent on Monday following news after the bourse closed on Friday that partner Roche would abandon cooperation on a cancer drug.

Swiss stocks - Factors to watch on Dec 7

ZURICH, Dec 7 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Monday:

UPDATE 1-Genmab says partner Roche to stop antibody development

Dec 4 (Reuters) - Danish biopharmaceutical company Genmab said its partner Roche Holding AG will discontinue development of an experimental cancer drug, RG1507, adding that the decision was not on safety concerns.

STOCKS NEWS EUROPE-Genmab sags as Jyske downgrades

Shares in Genmab fall 8.7 percent, the leading losers in Denmark's top-20 index and trailing European biopharma peers, after Jyske Bank downgrades the stock to "sell" from "accumulate".

UPDATE 1-Genmab Q3 losses exceed average forecast

* Q3 operating losses 210 mln DKK, below 147 mln avg fcast

Genmab Q3 losses deepen, exceed average forecast

COPENHAGEN, Nov 10 (Reuters) - Danish biopharma company Genmab reported third-quarter losses deepening from a year ago and exceeding analysts' average expectation on Tuesday and repeated its revised 2009 loss guidance given last week.

TABLE-Genmab Q3 losses deepen yr/yr

(millions of Danish crowns unless stated)

STOCKS NEWS EUROPE-Genmab slips; Credit Suisse downgrades

Shares in Danish biotech company Genmab fall 9.4 percent, lagging European peers and the top losers by far in Copenhagen's top-20 index , after Credit Suisse downgrades the stock to "underperform" from "neutral".

STOCKS NEWS EUROPE-Index futures point to higher start

European stock index futures point to a rise in equities for a fifth straight session after Wall Street surged to 13 month highs on Monday following the Group of 20 nations' aid pledge.

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