Genmab announces Change in Management.

17-Jun-2010 - Denmark

Genmab A/S announced that its co-founder, Lisa N. Drakeman, Ph.D. retires from her position as Chief Executive Officer of and as member of the board of directors of Genmab.

Under her leadership, Genmab raised over USD 1 billion in capital, completed the largest initial public offering of any biotech company in Europe, received the annual James D. Watson Helix Award as the best international biotechnology company in 2005 and was named as the Biotechnology Company of the Year in 2007, formed alliances with a number of leading pharmaceutical companies, and received regulatory approval in the United States and Europe for Arzerra®, a new treatment for patients with fludarabine and alemtuzumab refractory CLL.

The Chief Executive Officer position at Genmab will be filled by Prof. Jan G.J. van de Winkel, Ph.D., the company’s former President, Research and Development and Chief Scientific Officer, effective as of today. Dr. van de Winkel has over 20 years of experience in the therapeutic antibody field and served as Scientific Director and Vice President of Medarex Europe prior to co-founding Genmab.

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