Overview
Description
Argenx SE, through its American Depositary Receipt (ADR), allows investors in the United States to hold shares in the Belgian biopharmaceutical company without dealing directly in foreign stock markets. ADRs are traded on U.S. exchanges, representing a specified number of shares in a foreign corporation, and provide shareholders with potential dividends, shares of the equity, and other financial benefits similar to ordinary shares. Argenx SE operates in the biotech sector, specializing in the development of antibody-based therapies for the treatment of severe autoimmune diseases and cancer. With its ADR, Argenx SE aims to broaden its shareholder base, providing U.S. investors with easier access to its innovative, clinically-oriented research and developments. The ADR serves as a bridge connecting American investors to European biotechnology innovations, contributing to the diversification of global investment portfolios, and enhancing marketability and liquidity of its shares within the U.S. financial markets.
About
CEO
Mr. Timothy Van Hauwermeiren EMBA, M.Sc.
Employees
1599
Address
Laarderhoogtweg 25
Amsterdam, 1101 EB
Amsterdam, 1101 EB
Phone
31 10 703 8441
Website
Instrument type
American depositary receipt
Sector
Healthcare
Industry
Biotechnology
Country
Germany
MIC code
XDUS