ImmunoGen, Inc.

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This page was updated : 2023-06-05 23:27:41 UTC
Newsflash

ImmunoGen, a biotechnology company, experienced a surge in stock prices due to updates on their cancer drugs, particularly their ovarian cancer drug which showed promising results in a Phase 3 trial. The company also announced inducement grants, a webcast presentation at a healthcare conference, and the closing of a public offering. ImmunoGen has two regulatory submissions for their drug ELAHERE scheduled for 2023 and their Phase 3 trial results have been selected for a late-breaking presentation at the ASCO 2023 Annual Meeting. However, the ...

Based on these articles
  1. ImmunoGen Presents Updated Findings from CADENZA Trial of Pivekimab Sunirine in Blastic Plasmacytoid Dendritic Cell Neoplasm at EHA 2023 Congress
  2. ImmunoGen, Day One Surge On Cancer Drug Updates, But Arcus Crashes
  3. ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
  4. ImmunoGen Announces Webcast of Presentation and Q&A at Upcoming Jefferies Healthcare Conference
  5. ImmunoGen: Making A Successful Comeback
Business Overview

As an investment analyst, ImmunoGen, Inc.'s business model can be viewed as a biotechnology company that develops targeted cancer therapies using its proprietary technology platform, called ADC technology. The company's primary source of revenue is through collaborations with pharmaceutical companies, where ImmunoGen licenses its ADC technology to develop and commercialize new cancer treatments. ImmunoGen's business model is based on the development of novel cancer therapies that target specific cancer cells, while sparing healthy cells. The ...

Yahoo - Business Overview

ImmunoGen, Inc., a commercial-stage biotechnology company, focuses on developing and commercializing the antibody-drug conjugates (ADCs) for cancer patients. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), for the treatment of platinum-resistant ovarian cancer; and a cell-surface protein expressed in various epithelial tumors, including ovarian, endometrial, and non-small-cell lung cancers, as well as Pivekimab sunirine, a CD123-targeting ADC that is in Phase II clinical trial ...

Risk Rating (Yahoo)

5

ESG Score (Yahoo)

N/A

Market Cap (USD)

4.03 B

AI Rank (finclout)

262

Flags & Key Risks
Negative EV to Ebitda Negative Debt Trend Negative profit margins Negative Return on Equity ForwardPE very negative
  • ImmunoGen, Inc. heavily relies on its lead drug candidate, mirvetuximab soravtansine, for revenue generation. Any failure or delay in the development, approval, or commercialization of this drug could significantly impact the company's financial performance.
  • The biotechnology industry is highly competitive, and ImmunoGen faces intense competition from established pharmaceutical companies and emerging biotech firms. This competition could limit the company's market share and revenue growth.
  • ImmunoGen has a history of operating losses and negative cash flows, which could impact its ability to fund future operations and research and development activities.
  • The success of ImmunoGen's drug candidates is dependent on regulatory approval, which is subject to significant uncertainty and risk. Any delay or failure in obtaining regulatory approval could significantly impact the company's financial performance.
  • ImmunoGen's drug candidates are in various stages of development, and there is no guarantee that any of them will be successful in clinical trials or receive regulatory approval. This could impact the company's revenue growth and financial performance.

SWOT Analysis


Strengths

ImmunoGen has a strong portfolio of proprietary technology and intellectual property in the field of antibody-drug conjugates (ADCs), which has the ...  

Weaknesses

The company is heavily dependent on a few key products, which makes it vulnerable to market fluctuations and regulatory changes.                                            

Opportunities

The growing demand for targeted cancer therapies and the increasing prevalence of cancer worldwide present significant growth opportunities for ImmunoGen.

Threats

The highly competitive nature of the pharmaceutical industry, the potential for regulatory hurdles, and the risk of patent infringement lawsuits pose significant threats to ImmunoGen's success.

Thesis for ImmunoGen, Inc.


Bullish

ImmunoGen's recent partnership with Jazz Pharmaceuticals to develop and commercialize its ovarian cancer treatment, mirvetuximab soravtansine, is a strong indication of the drug's potential. This collaboration could lead to significant revenue for ImmunoG ...

Neutral

ImmunoGen's pipeline includes several promising drug candidates, but the success of these drugs is uncertain. The company has experienced setbacks in the past, and there is no guarantee that its current pipeline will result in successful ...

Bearish

ImmunoGen has a history of losses and negative cash flows, and its financial position remains weak. The company's reliance on partnerships and collaborations to fund its research and development efforts also exposes it to significant ...

News Coverage


7 hours ago @Business Wire
ImmunoGen Presents Updated Findings from CADENZA Trial of Pivekimab Sunirine in Blastic Plasmacytoid Dendritic Cell Neoplasm at EHA 2023 Congress
#IMGN #pivekimab #sunirine #plasmacytoid #neoplasm #immunogen
3 days ago @Investors Business Daily
ImmunoGen, Day One Surge On Cancer Drug Updates, But Arcus Crashes
#IMGN #immunogen #cancer #updates #one #arcus
7 days ago @Business Wire
ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
#IMGN #immunogen #inducement #grants #listing #announces
15 days ago @Business Wire
ImmunoGen Announces Webcast of Presentation and Q&A at Upcoming Jefferies Healthcare Conference
#IMGN #Conference #immunogen #jefferies #webcast #healthcare
1 month ago @Business Wire
ImmunoGen Announces Closing of Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
#IMGN #underwriters #immunogen #common #exercise #option
1 month ago @Business Wire
ImmunoGen Announces Results from the Phase 3 MIRASOL Trial Selected as Late-Breaking Presentation for ASCO 2023 Annual Meeting
#IMGN #immunogen #mirasol #selected #asco #presentation
1 month ago @MarketBeat
ImmunoGen Nearly Triples on Ovarian Cancer Drug Phase 3 Results
#IMGN #immunogen #ovarian #survival #cancer #drug
1 month ago @Business Wire
ImmunoGen Announces Pricing of Upsized Public Offering of Common Stock
#IMGN #immunogen #offering #pricing #public #common
1 month ago @Business Wire
ImmunoGen Announces Proposed Public Offering of Common Stock
#IMGN #immunogen #public #proposed #announces #offering
1 month ago @InvestorPlace
Why Is ImmunoGen (IMGN) Stock Up 125% Today?
#IMGN #immunogen #trial #imgn #treating #ovarian
1 month ago @Proactive Investors
ImmunoGen stock price doubles after ovarian cancer candidate Elahere aces phase 3 study
#IMGN #ovarian #elahere #cancer #immunogen #study
1 month ago @Business Wire
ELAHERE® Demonstrates Overall Survival Benefit in the Phase 3 MIRASOL Trial in Patients with FRα-Positive Platinum-Resistant Ovarian Cancer
#IMGN #cancer #positive #resistant #platinum #mirasol
1 month ago @Market Watch
Immunogen stock more than doubles on heavy volume after positive trial data ovarian cancer treatment
#IMGN #volume #ovarian #immunogen #heavy #cancer
1 month ago @Business Wire
ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
#IMGN #inducement #grants #immunogen #listing #rule
3 days ago @cfromhertz
$IMGN ImmunoGen Rises on Complete Results from Ovarian Cancer Trial (Bloomberg) https://t.co/IGE7JiSiFV
#IMGN #immunogen #rises #imgn #cancer #complete
3 days ago @OpenOutcrier
$IMGN (+7.4% pre) Immunogen (IMGN) Reports ELAHERE Demonstrates 35% Reduction in the Risk of Disease Progression or… https://t.co/bEOhIzPBIJ
#IMGN #imgn #progression #elahere #beohizpbijopenoutcrier #immunogen
4 days ago @semodough
RT @JacobPlieth: @evaluatevantage $IMGN Elahere PFS & OS curves in Mirasol, plus the all-important safety slides. Via Kathleen Moore #Asco2…
#IMGN #evaluatevantage #moore #mirasol #elahere #curves
4 days ago @semodough
RT @OxAnalyst: $IMGN MIRASOL OS KM #ASCO23 Slides: https://t.co/i272P6aNMr https://t.co/WhVHfj5gOS
#IMGN #mirasol #imgn #slides #rt #IMGN
4 days ago @semodough
$IMGN ELAHERE® Demonstrates 35% Reduction in the Risk of Disease Progression or Death Versus Chemotherapy in FRα-Po… https://t.co/GhccTOCNhw
#IMGN #elahere #death #imgn #chemotherapy #demonstrates
1 month ago @biostocks
$IMGN Results from the Phase 3 MIRASOL Trial Selected as Late-Breaking Presentation for #ASCO23 Data from Confirm… https://t.co/qJnjRCijxL
#IMGN #qjnjrcijxlbiostocks #mirasol #confirm #selected #imgn
1 month ago @biostocks
RT @TraderTexMex: $IMGN prices 26m shares at $12.50/share
#IMGN #tradertexmex #sharebiostocks #imgn #prices #IMGN
1 month ago @semodough
RT @ripster47: $IMGN #update Pricing Offering $12.50 per share , very bullish pricing @Maximus_Holla https://t.co/oqIS8EXotL https://t.c…
#IMGN #pricing #maximus_holla #imgn #semodough #bullish
1 month ago @StockSwingAlert
$SVRE before the PR caught the loaders similar to $IMGN yesterday ? Liquidity is that bad, pay attention to the lo… https://t.co/4KKsoWuHFQ
#IMGN #loaders #pr #imgn #svre #caught
1 month ago @InvestorsLive
$IMGN fresh highs from $11.70-11.80 target range scoop this AM https://t.co/2YB1SYCGQN
#IMGN #scoop #imgn #fresh #highs #range
1 month ago @FluentInFinance
Stock Market Activity Today 5/3: ImmunoGen $IMGN up 136% after announcing positive results of its phase three tria… https://t.co/Zl7SPCJOor
#IMGN #tria #immunogen #announcing #imgn #phase
1 month ago @InvestorsLive
$IMGN love when thick pigs trade like thin small caps. Should be great if we get some sorta parabolic move / blow o… https://t.co/NyAjs1Pzdt
#IMGN #thick #sorta #pigs #blow #thin
1 month ago @semodough
$IMGN had 26 million shorts so plenty of fuel here https://t.co/MlLTZhhyGH https://t.co/wTvJ1CKVW8
#IMGN #mlltzhhygh #plenty #fuel #shorts #imgn
1 month ago @semodough
RT @Quantumup1: Guggenheim $IMGN (Buy/$22) forecasts $1B U.S. sales for Elahere, in 2030. Elahere results represent a best-case scenario,…
#IMGN #elahere #guggenheim #forecasts #semodough #scenario
1 month ago @InvestorsLive
$IMGN gotta love a nice failed follow through set up 11:10:28 am InvestorsLive: IMGN more failed follow thru https://t.co/URkCkKseTC
#IMGN #failed #imgn #follow #urkckksetcinvestorslive #thru
1 month ago @InvestorsLive
$IMGN this is squeeze of everyone who shorted the pop and add add add. You can tell I've done it a few times in my… https://t.co/Wqvi0GsQxz
#IMGN #squeeze #shorted #imgn #tell #done
1 month ago @InvestorsLive
$IMGN thought process on entry https://t.co/xa9K5GXtsu https://t.co/JnDPYUKyU6
#IMGN #imgn #thought #process #entry #IMGN
1 month ago @BreakoutStocks
Biggest Breakouts in a Week https://t.co/wPRr3RpLxp $IMGN $SNTG $MEGL
#IMGN #meglbreakoutstocks #breakouts #sntg #imgn #biggest
1 month ago @FlashAlert_me
$IMGN [15s. delayed]: Issued Press Release on May 01, 16:30:00: ImmunoGen Announces Inducement Grants Under Nasdaq… https://t.co/YstCH0YtIc
#IMGN #inducement #imgn #grants #immunogen #issued
2 months ago @semodough
BMO $IMGN PFS is the primary endpoint for MIRASOL and the performance of the control arm is a key factor in surviva… https://t.co/wjE8cWbrYv
#IMGN #surviva #mirasol #imgn #endpoint #arm
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