Genmab (CPSE:GMAB) Valuation Check As Lundbeck Readies New Neurology Data On Amlenetug

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Genmab (CPSE:GMAB) is back on investors’ radar as Lundbeck prepares to release new Phase 1b data on Lu AF28996 and advancements in multiple system atrophy research, including the partnered antibody amlenetug. Despite recent positive share price momentum, the company trades at DKK 1,714.5 against a fair value estimate of DKK 2,237.63, suggesting it may be undervalued. However, its P/E ratio is higher than industry and peer averages, raising questions about whether current growth prospects are already priced in.

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