Genmab Announces Encouraging Preclinical Data for Ofatumumab


Summary: Genmab announces ofatumumab appeared more effective than rituximab in a
pre-clinical study.                                                             

Copenhagen, Denmark; September 7, 2007 - Genmab A/S (OMX: GEN) announced today  
that ofatumumab (HuMax-CD20(R)) appeared more effective at inducing complement  
dependent cytotoxicity (CDC), an immune system killing mechanism, than rituximab
in a pre-clinical study.  The CD20 antibodies were incubated with tumor cells   
and analyzed using Spinning Disk Confocal Fluorescent Microscopy. This          
technology allows imaging of the effects on target cells induced by therapeutic 
antibodies in real time. Both antibodies were found to activate CDC and induced 
profound changes in both shape and appearance of target cells.                  

Direct comparisons of ofatumumab and rituximab revealed ofatumumab to induce    
much more rapid and profound CDC and far more impressive cell changes than      
rituximab. This, furthermore, lead to more effective killing of target cells by 
ofatumumab.                                                                     

“This study supports the growing body of pre-clinical research that suggests    
ofatumumab may be more effective in eliminating target cells and treating       
diseases such as lymphoid cancers and rheumatoid arthritis than existing        
therapies,” said Lisa N. Drakeman, Ph.D., Chief Executive Officer of Genmab.    

These pre-clinical data will be presented in an oral presentation at the XIth   
European Meeting on Complement in Human Disease, in Cardiff, United Kingdom on  
September 9, 2007.                                                              

About Genmab A/S                                                                
Genmab is a leading international biotechnology company focused on developing   
fully human antibody therapeutics for unmet medical needs.  Using unique,       
cutting-edge antibody technology, Genmab's world class discovery and development
teams have created and developed an extensive pipeline of products for potential
treatment of a variety of diseases including cancer and autoimmune disorders.   
As Genmab advances towards a commercial future, we remain committed to our      
primary goal of improving the lives of patients who are in urgent need of new   
treatment options.  For more information on Genmab's products and technology,   
visit www.genmab.com.                                                           

This press release contains forward looking statements. The words “believe”,    
“expect”, “anticipate”, “intend” and “plan” and similar expressions identify    
forward looking statements. Actual results or performance may differ materially 
from any future results or performance expressed or implied by such statements. 
The important factors that could cause our actual results or performance to     
differ materially include, among others, risks associated with product discovery
and development, uncertainties related to the outcome and conduct of clinical   
trials including unforeseen safety issues, uncertainties related to product     
manufacturing, the lack of market acceptance of our products, our inability to  
manage growth, the competitive environment in relation to our business area and 
markets, our inability to attract and retain suitably qualified personnel, the  
unenforceability or lack of protection of our patents and proprietary rights,   
our relationships with affiliated entities, changes and developments in         
technology which may render our products obsolete, and other factors. Genmab is 
not under an obligation to up-date statements regarding the future following the
publication of this release; nor to confirm such statements in relation to      
actual results, unless this is required by law.                                 

Genmab(R); the Y-shaped Genmab logo(R); HuMax(R); HuMax-CD4(R); HuMax-CD20(R);  
HuMax-EGFr(TM); HuMax-Inflam(TM); HuMax-TAC(TM); HuMax-HepC(TM); HuMax-CD38(TM);
HuMax-ZP3(TM); and UniBody(TM) are all trademarks of Genmab A/S.                

Contact: Helle Husted, Sr. Director, Investor Relations, T: +45 33 44 77 30,    
E: hth@genmab.com                                                               
                                                                                
Stock Exchange Release no. 37/2007                                              

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Attachments

37_humax_cd20_preclinical_results_070907_uk.pdf