Genmab Discontinues Late Stage Cancer Therapy Acasunlimab

Genmab has halted the development of acasunlimab, a bispecific antibody cancer therapy, to focus on other programs. This decision follows BioNTech's exit from the project and Genmab's recent acquisition of Merus.

Insights:
Genmab A/S , a leading pharmaceutical firm based in Denmark DKDK, announced on December 29 the discontinuation of its late-stage bispecific antibody cancer therapy, acasunlimab. The decision is part of a strategic move to reallocate resources toward other promising late-stage programs following Genmab's assumption of full responsibility for acasunlimab's development in 2024 after BioNTech SE opted out of the project.
Acasunlimab was designed to target the 4-1BB receptor on T cells and natural killer cells, aiming to stimulate an anti-tumor response. Although the clinical data for acasunlimab were described as encouraging, Genmab has chosen to prioritize other assets in its pipeline. The therapy was initially in late-stage development for treating solid tumors, including metastatic non-small cell lung cancer.
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