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Immunogen, Inc. - IMGN STOCK NEWS

Welcome to our dedicated news page for Immunogen (Ticker: IMGN), a resource for investors and traders seeking the latest updates and insights on Immunogen.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Immunogen's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Immunogen's position in the market.

News
AbbVie Completes Acquisition of ImmunoGen
Rhea-AI Summary
AbbVie completes acquisition of ImmunoGen, adding ELAHERE, a transformative treatment for ovarian cancer, to its portfolio. The acquisition expands AbbVie's oncology pipeline, reaffirms 2024 EPS guidance, and positions the company for long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
acquisition
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News
ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Rhea-AI Summary
ImmunoGen, Inc. announced the approval of the grant of restricted stock units (RSUs) to eleven new employees under the Inducement Plan, covering 68,940 shares of ImmunoGen’s common stock. The RSUs will vest over a period of four years, subject to the employee’s continued employment on each vesting date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
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News
ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Rhea-AI Summary
ImmunoGen, Inc. (Nasdaq: IMGN) announces the grant of restricted stock units (RSUs) covering 167,159 shares of ImmunoGen’s common stock under the Inducement Equity Incentive Plan to six new employees. Each RSU will vest as to 25% of the shares on the first anniversary of the grant date and as to an additional 25% annually thereafter for the next three years, subject to the employee’s continued employment on each vesting date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
none
News
ImmunoGen Presents Findings from Newly Diagnosed Acute Myeloid Leukemia Cohorts in Phase 1b/2 Study of Pivekimab Sunirine in Combination with Azacitidine and Venetoclax at ASH
Rhea-AI Summary
ImmunoGen Inc. (IMGN) announces encouraging safety and efficacy results from pivekimab triplet combination for newly diagnosed acute myeloid leukemia (AML) at the 65th American Society of Hematology (ASH) Annual Meeting. The pivekimab triplet demonstrates high complete remission (CR), composite CR, and minimal residual disease (MRD) negativity rates, supporting continued development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
clinical trial
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News
FDA Grants Priority Review of ImmunoGen’s Supplemental Biologics License Application for ELAHERE® (mirvetuximab soravtansine-gynx) in Platinum-Resistant Ovarian Cancer
Rhea-AI Summary
ImmunoGen, Inc. (IMGN) has been granted Priority Review by the FDA for the conversion of the accelerated approval of ELAHERE for the treatment of patients with FRα-positive, platinum-resistant ovarian cancer to full approval, with a PDUFA action date of April 5, 2024. The confirmatory Phase 3 MIRASOL trial demonstrated statistically significant and clinically meaningful improvements in progression-free survival, objective response rate, and overall survival compared to single-agent chemotherapy, with a tolerable safety profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
none
-
News
ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Rhea-AI Summary
ImmunoGen, Inc. (IMGN) announced the grant of 112,252 restricted stock units to twelve new employees under the Inducement Plan. Each RSU will vest annually, subject to the employee's continued employment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
AbbVie to Acquire ImmunoGen, including its Flagship Cancer Therapy ELAHERE® (mirvetuximab soravtansine-gynx), Expanding Solid Tumor Portfolio
Rhea-AI Summary
AbbVie Inc. (NYSE: ABBV) is set to acquire ImmunoGen, Inc. (NASDAQ: IMGN) for $10.1 billion, accelerating its entry into the commercial market for ovarian cancer with the first-in-class antibody-drug conjugate (ADC) ELAHERE®. The transaction, valued at $31.26 per share, aims to diversify AbbVie's oncology pipeline across solid tumors and hematologic malignancies, with potential transformative impact on long-term revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
acquisition
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News
ImmunoGen Announces Webcast of Presentation and Q&A at Upcoming Jefferies London Healthcare Conference
Rhea-AI Summary
ImmunoGen, Inc. (Nasdaq: IMGN) will participate in a fireside chat at the Jefferies London Healthcare Conference on November 15, 2023. The webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.1%
Tags
none
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News
ImmunoGen Reports Recent Progress and Third Quarter 2023 Financial Results
Rhea-AI Summary
ImmunoGen Inc. reported strong Q3 results with net sales of $105.2 million for ELAHERE. The company achieved key milestones including acceptance of MAA by EMA and NDA by NMPA for ELAHERE. They also announced a collaboration with Takeda to develop and commercialize ELAHERE in Japan. The PICCOLO trial of ELAHERE in platinum-sensitive ovarian cancer met its primary endpoint. ImmunoGen also made progress in their other programs and expanded their leadership team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
earnings
News
ImmunoGen Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Rhea-AI Summary
ImmunoGen, Inc. has announced the approval of grants of non-qualified stock options and restricted stock units (RSUs) under the Inducement Equity Incentive Plan to a new employee. The options have exercise prices of $14.86 per share and will vest over time based on the employee's continued employment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
none
Stock IMGN logo
Immunogen, Inc.

NYSE:IMGN

IMGN Rankings

N/A Ranked by Market Cap
#68 Ranked by Stock Gains
N/A Ranked by Dividends

IMGN Stock Data

8.72B
247.85M
0.32%
86.52%
7.38%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
US
Boston

About IMGN

immunogen is a clinical-stage biotechnology company that develops targeted anticancer therapeutics with its proprietary antibody-drug conjugate (adc) technology. the company's lead product candidate, mirvetuximab soravtansine, is a potential treatment for folate receptor α-positive ovarian cancers and other solid tumors. leading healthcare companies have licensed rights to use immunogen's technology to develop novel anticancer therapies, and roche's marketed product, kadcyla, utilizes immunogen's adc technology. more information about the company can be found at www.immunogen.com.