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Genmab revises financial guidance
Genmab, 08/18/09
Genmab A/S announced it is revising its 2009 financial guidance. We now expect our 2009 revenue to be approximately DKK 750 million compared to the previous estimate of DKK 1.2 billion. The reduction in revenue is primarily due to the exclusion of a milestone payment under the Arzerra collaboration with GlaxoSmithKline.
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