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FAQ

FAQ

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When was Genmab listed, what is the stock symbol and on which Stock Exchange is the company's stock traded?

Genmab became a publicly traded company in 2000. Genmab’s ordinary shares are listed on Nasdaq Copenhagen under the symbol GMAB, and it is a member of the OMX Nordic Large Cap Index, the OMX Copenhagen Benchmark Index and the OMX Copenhagen 25 Index (OMXC25). Genmab’s ID code/ISIN is DK0010272202. In July 2019, Genmab’s American Depositary Shares issued pursuant to its ADR program were also listed in the United States on the Nasdaq Global Select Market under the symbol GMAB and are part of the NASDAQ Biotechnology Index (Nasdaq: NBI).

How many shareholders does Genmab have? How many shares are outstanding?

Genmab has approximately 64,000 registered shareholders. There are 65,498,346 shares outstanding. Each share has a nominal value of DKK 1, resulting in a share capital of DKK 65,498,346.

Where is Genmab located?

Genmab is headquartered in Copenhagen, Denmark and its main research activities are in Utrecht, the Netherlands. Genmab has development and administrative teams in both Copenhagen, Denmark and Princeton, NJ, USA and a regional office in Japan.

Does Genmab have any subsidiaries?

Genmab has four subsidiaries: Genmab B.V. and Genmab Holding B.V. in the Netherlands, Genmab US, Inc. in the United States and Genmab K.K. in Japan.

What is the number of employees of Genmab?

On June 30, 2020 Genmab had 636 full time employees. Employees are Genmab’s most important resource and we strive to attract and retain the most qualified people to fulfil our core purpose. Genmab’s goal is to develop and retain value in our own products which could one day transform cancer treatment. At Genmab, our core purpose, together with our core values, guides and inspires employees in their everyday work.

To access our Gender Policy click here.

What type of products does Genmab develop?

Genmab develops antibody therapeutics. Genmab's main focus is on products that can be used to treat cancer. To read more about the company's products in clinical development please visit the Pipeline page.

How many products does Genmab have on the market?

There are three Genmab-created products that have received regulatory approval: DARZALEX® (daratumumab), Arzerra® (ofatumumab) and TEPEZZA™ (teprotumumab-trbw). Read more about these products on the Pipeline page.

Does Genmab have other products in development?

Yes, Genmab has a number of products in clinical and pre-clinical development. Additionally, numerous products are under development by our partners that incorporate Genmab’s technology or innovation. Refer to The Pipeline page for more information.

Where can I find financial information on sales and earnings?

You can find our interim financial reports and annual reports in the Financial reports section of this website.

How does Genmab create antibody-based therapeutics?

We use our in-depth expertise in antibody biology to create and develop differentiated, next-generation antibody products for the treatment of cancer. Our research and innovation function consist of a strong antibody discovery engine connecting our innovative antibody platform technologies with our robust target and disease biology knowledge. This synergy continues throughout our fully integrated R&D organization where our creations enter clinical development.

We use our proprietary antibody technology platforms to create novel antibody-based therapeutics, our technologies include:

  • DuoBody® platform to develop bispecific antibodies.
  • HexaBody® technology to induce formation of hexamers (clusters of six). It is designed to increase the potency of antibodies while retaining their regular structure and specificity.
  • DuoHexaBody® platform combines the dual targeting of Hexabody technology with increased potency of Hexabody technology to create bispecific antibodies with enhanced target-mediated hexamerization.
  • HexElect® platform combines two co-dependently acting HexaBody molecules, to introduce selectivity while maximizing therapeutic potency.

Our platforms serve as the basis of many of the products in our proprietary pipeline. To learn more about how these technologies work, visit our antibody technology platforms.

To generate diverse libraries of high quality and functional antibodies, we also use or license other technologies including antibody-drug conjugates and mRNA platforms. Our research and development teams have established a streamlined process to coordinate the activities of product discovery, pre-clinical testing, manufacturing, clinical trial design and execution, and regulatory submissions across Genmab’s international operations. To learn more about our research collaboration and licensing agreements, please download our annual report, 2019.

Where can I read more about Genmab's position on Corporate Governance and CSR?

The Board of Directors and Executive Managment at Genmab are committed to Genmab’s business-driven CSR strategy as well as its efforts to build a sustainable organization that meets environmental, social and governance (ESG) criteria of relevance to our business operations. The CSR Committee is chaired by our CEO and comprised of representatives from our human resources, investor relations and communications, legal, compliance, finance and research and development functions. More information about our Corporate Governance and CSR policies and initiatives can be found on the Corporate Governance and CSR sections of this website.

Where can I read about your non-financial reporting?

We are committed to build a sustainable organization that meets environmental, social and governance (ESG) criteria of relevance to our business operations. Our non-financial reporting can be found in our CSR report. As the reporting of sustainability metrics continues to evolve over the years, Genmab has and will continue to adapt and improve its metrics and disclosures. Starting in 2020, Genmab will identify an initial set of performance indicators that will enable us to better manage and measure our impact going forward. We have adopted the Sustainability Accounting Standards Board (SASB) framework and will follow its guidelines to disclose critical measurements on the environment, society and governance of relevance to our business operations.

Where can I find your Code of Business Conduct and Ethics?

To promote ethical behavior from all internal stakeholders when conducting business on behalf of Genmab, the Board of Directors has adopted a Code of Business Conduct and Ethics. The code is based on nine ethical principles, among them Lawful and Ethical Behavior, Honesty and Integrity, Anti-Bribery and Anti-Corruption. Additionally, Genmab provides our employees with a Framework for Ethical Decision Making, as a supplement to the Code to assist employees and Directors in making the appropriate ethical decisions.

Click here to access the Genmab Code of Business Conduct and Ethics.

Why does Genmab not pay a dividend?

We are building a pipeline of 1st –in-class / best-in-class products to meet our goal to develop products that will make a real difference to cancer patients compared to current therapies. In order to do this our priorities are to advance our product pipeline by accelerating development of potential “next winners,” invest in our promising early stage portfolio, innovative technologies and new capabilities. We also need to keep and maintain a strong capital position to ensure investor and creditor confidence. Therefore, at this stage we do not plan to return capital to investors via dividends.

What are the rules with regards to transactions of shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons?

To ensure compliance with the notification obligation set out in the EU Market Abuse Regulation, Genmab has adopted internal rules on the possession and handling of inside information and with respect to our board of directors’, registered managers’ and employees’ dealings in Genmab A/S shares or in financial instruments, including ADSs listed on the Nasdaq Global Select Market.

Does Genmab hold any authorizations to issues shares?

The Board of Directors currently holds an authorization to increase the registered share capital by subscription of new shares, an authorization to issue convertible bonds, which includes a right for the lender to convert the claim to new shares, and two authorizations to issue warrants to subscribe for shares. For further details on these authorizations, please see the Articles of Association in the Governance Overview section of this website.

Who are Genmab's auditors?

PricewaterhouseCoopers is Genmab's auditor.

Who should I contact regarding shareholder and investor relations questions?

For Media and Investor Relations please contact:  
Marisol Peron
Corporate Vice President, Communications & Investor Relations
Telephone: +1 609 524 0065
Email: mmp@genmab.com

For Investor Relations please contact:
Andrew Carlsen
Senior Director, Investor Relations
Telephone: +45 3377 9558
Email: acn@genmab.com

Does Genmab have an ADR program?

Yes, Genmab has established a sponsored Level 3 ADR program. American Depositary Shares issued under the ADR Program are listed on the Nasdaq Global Select Market in the United States under the symbol GMAB. Click here for more information.

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