Genmab and GlaxoSmithKline Announce Positive Top-Line Results in Ofatumumab Chronic Lymphocytic Leukemia Pivotal Study


Summary:  Phase III pivotal study of ofatumumab in refractory CLL meets primary 
endpoint.                                                                       

Copenhagen, Denmark; July 31, 2008 - Genmab A/S (OMX: GEN) and GlaxoSmithKline  
(LSE and NYSE: GSK) announced today positive top-line results from an interim   
analysis of the Phase III pivotal study evaluating ofatumumab (HuMax-CD20®) to  
treat two groups of chronic lymphocytic leukemia (CLL)  patients with high unmet
medical need.  At the interim analysis, the study met the primary endpoint in   
both populations and the results from the secondary endpoints also support the  
primary endpoint.                                                               

The activity of ofatumumab was evaluated in 154 patients in this interim
analysis 
of whom 138 patients with refractory CLL were evaluable. About half of the      
patients (59) in the study were refractory to both fludarabine and alemtuzumab. 
The analysis also included a second group (79) who were refractory to           
fludarabine and considered inappropriate candidates for alemtuzumab due to bulky
tumor in their lymph nodes.  An objective response rate of 51% (p<0.0001)       
consisting of 30 partial responses (PR) was achieved in the group of patients   
refractory to fludarabine and alemtuzumab.  In the fludarabine refractory,      
alemtuzumab inappropriate patient group, an objective response rate of 44%      
(p<0.0001) was achieved, including 1 complete response (CR), and 34 PR.         
Achievement of the reported objective response rates are based on evaluations by
an independent committee and are subject to review and confirmation by the      
regulatory authorities.                                                         

Ofatumumab was generally well tolerated by CLL patients in the study. The most  
frequently reported adverse events (those that occurred at a greater than 15%   
frequency) were: pyrexia, diarrhea, fatigue, cough, neutropenia, anemia and     
pneumonia.  There were no unexpected safety findings. None of the 14 patients   
tested for human anti-human antibodies (HAHA) demonstrated their presence at 12 
months.                                                                         

A pre-BLA (Biologics License Application) meeting has been requested with the   
FDA during which these data will be discussed with the potential of a 2008 BLA  
filing. There is also the potential to submit to the EU regulatory authorities  
in this time frame.  The full data will be submitted for presentation to an     
academic meeting in due course.                                                 

“We are thrilled to report a positive outcome for the CLL patients in this      
trial,” said Lisa N. Drakeman, Ph.D., Chief Executive Officer of Genmab.  “This 
also represents a significant achievement for Genmab as we now move toward      
filing of the first marketing applications for a Genmab antibody and we look    
forward to working with GSK on the submissions.”                                

“These very encouraging results suggest that ofatumumab has the potential to    
provide benefits to CLL patients with very refractory disease and limited       
treatment options,” said Kathy Rouan, Vice President and Medicine Development   
Leader at GSK. “GSK and Genmab are collaborating on a comprehensive development 
program for CLL as well as non-Hodgkin's lymphoma (NHL), which we hope will make
a significant contribution to the management of these haematologic malignancies 
for both patients and their physicians.”                                        

Ofatumumab is an investigational new generation fully human monoclonal antibody 
that uniquely targets the small loop epitope (specific antibody binding site) of
the CD20 molecule on B cells. Ofatumumab is being developed to treat chronic    
lymphocytic leukemia, follicular non-Hodgkin's lymphoma, diffuse large B-cell   
lymphoma, rheumatoid arthritis and relapsing remitting Multiple Sclerosis under 
a co-development and commercialization agreement between Genmab and             
GlaxoSmithKline.  It is not yet approved in any country.                        

About the trial                                                                 
The study includes CLL patients who are refractory to both fludarabine and      
alemtuzumab and patients who are refractory to fludarabine who are considered   
inappropriate candidates for alemtuzumab due to bulky tumor in their lymph      
nodes.  All patients in the study receive 8 weekly infusions of ofatumumab,     
followed by 4 monthly infusions of ofatumumab.  Patients receive 300 mg of      
ofatumumab at the first infusion and 2000 mg of ofatumumab at each subsequent   
infusion.  Disease status is assessed every 4 weeks until week 28 and then every
3 months until disease progression or month 24.  Patient recruitment is ongoing 
and a final analysis will be conducted on the full study population, expected to
be 100 patients in each group.                                                  

The primary endpoint of the study is objective response over a 24 week period   
from start of treatment as assessed according to the National Cancer Institute  
Working Group guidelines.  The secondary endpoints are duration of response,    
progression free survival, time to next CLL therapy, overall survival and       
adverse events.                                                                 

Conference Call                                                                 
Genmab will hold a conference call to discuss these results today, July 31, 2008
at:                                                                             
6:00 pm CEST                                                                    
5:00 pm BST                                                                     
12:00 pm EDT                                                                    

The conference call will be held in English.                                    

The dial in numbers are as follows:                                             
+1 888 740 6137 (in the US) and ask for the Genmab conference call              
+1 913 312 1480 (outside the US) and ask for the Genmab conference call         

To listen to a live webcast of the call please visit www.genmab.com.            


About Genmab A/S                                                                
Genmab is a leading international biotechnology company focused on developing   
fully human antibody therapeutics for unmet medical needs.  Using cutting-edge  
antibody technology, Genmab's world class discovery, development and            
manufacturing 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.                                               

About GlaxoSmithKline                                                           
One of the world's leading research-based pharmaceutical and healthcare         
companies - is committed to improving the quality of human life by enabling     
people to do more, feel better and live longer.                                 

Forward Looking Statement for Genmab:                                           
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. For a     
further discussion of these risks, please refer to the section “Risk Management”
in Genmab's Annual Report, which is available on www.genmab.com.  Genmab does   
not undertake any obligation to update or revise forward looking statements in  
this press release nor to confirm such statements in relation to actual results,
unless required by law.                                                         


GlaxoSmithKline Cautionary statement regarding forward-looking statements       
Under the safe harbor provisions of the U.S. Private Securities Litigation      
Reform Act of 1995, GSK cautions investors that any forward-looking statements  
or projections made by GSK, including those made in this announcement, are      
subject to risks and uncertainties that may cause actual results to differ      
materially from those projected. Factors that may affect GSK' s operations are  
described under 'Risk Factors' in the 'Business Review' in the company' s Annual
Report on Form 20-F for 2007.                                                   




Genmab Contact:		Helle Husted, Sr. Director, Investor Relations                 
T: +45 33 44 77 30; M: +45 25 27 47 13; E: hth@genmab.com                       

GlaxoSmithKline Enquiries:                                                      
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Genmab(R); the Y-shaped Genmab logo(R); HuMax(R); HuMax-CD4(R); HuMax-CD20(R);  
HuMax-EGFr(TM); HuMax-IL8(TM); HuMax-TAC(TM); HuMax-HepC(TM); HuMax-CD38(TM);   
HuMax-CD32b(TM) and UniBody(R) are all trademarks of Genmab A/S.                

Contact: Helle Husted, Sr. Director, Investor Relations, T: +45 33 44 77 30, M: 
+45 25 27 47 13, E: hth@genmab.com                                              
                                                                                
Stock Exchange Release no. 34/2008                                              

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34_ofatumumab_cll_results_310708_uk.pdf