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ImmunoGen Inc

 
Hoover's Profile: ImmunoGen, Inc.
(NASDAQ (GM):IMGN)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
ImmunoGen, Inc.
830 Winter St.
Waltham, MA 02451-1477
MA Tel. 781-895-0600
Fax 781-895-0611

Type: Public
On the web: http://www.immunogen.com
Employees: 210
Employee growth: 0.0%

ImmunoGen is TAPping into cancer research. The firm's product candidates are TAPs, or tumor-activated prodrugs, that combine cancer-killing drugs with monoclonal antibodies and attach only to tumor cells. On its own, ImmunoGen is developing two clinical-stage compounds: IMGN242, a TAP drug candidate to treat gastrointestinal cancers and some non-small-cell lung cancers; and IMGN901, which targets small-cell lung cancer and multiple myeloma. The firm has additional candidates in clinical trials through partnerships with Genentech and Sanofi-Aventis, and it has outlicensed its TAP technology to the likes of Biogen Idec and Centocor.

Key numbers for fiscal year ending June, 2009:
Sales: $28.0M
One year growth: (30.5%)
Net income: ($31.9)M

Officers:
Chairman: Stephen C. McCluski
President, CEO, and Director: Daniel M. (Dan) Junius
SVP and CFO: Gregory D. (Greg) Perry

Competitors:
Immunomedics
Medarex
Seattle Genetics

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