Nachrichten July 22, 2019

Genmab’s Nasdaq IPO

Shearman & Sterling advised Genmab A/S in connection with its $506 million initial public offering and listing of American Depositary Shares (ADSs) on the Nasdaq, the largest-ever biotech offering by a European issuer on a U.S. exchange.  At a valuation of more than $11 billion, this is also the largest biotech industry IPO in more than 20 years by market capitalization. Genmab’s ADSs are listed on the Nasdaq Global Select Market under the symbol “GMAB.”  Genmab’s ordinary shares are listed on Nasdaq Copenhagen.

Genmab is an international biotechnology company specializing in the creation and development of differentiated antibody therapeutics for the treatment of cancer.

The Team