Abbvie to partner with Genmab in $750 million cancer therapy deal

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Abbvie Inc said on Wednesday it is partnering with Danish biotech firm Genmab AS to jointly develop and market cancer treatments, as it looks to expand its cancer franchise.

) to jointly develop and market cancer treatments, as it looks to expand its cancer franchise.

Genmab could receive up to $3.15 billion in additional development, regulatory and sales milestone payments.

 

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