Genscript Biotech Associate Logs $369 Million in Q1 Sales of CARVYKTI

MT Newswires Live

2025/04/16

Genscript Biotech (HKG:1548) associate Legend Biotech generated about $369 million in net trade sales for its CARVYKTI cancer drug in the first quarter of 2025, according to a Tuesday filing.

CARVYKTI, developed by Nasdaq-listed Legend Biotech in partnership with Johnson & Johnson's Janssen Biotech, is an immunotherapy for the treatment of multiple myeloma.

Shares of Genscript Bio slipped almost 2% in late afternoon trade on Wednesday.

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