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ImmunoGen Inc (IMGN.OQ)

IMGN.OQ on NASDAQ Stock Exchange Global Select Market

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13 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Immunogen Says On Jan 8, Co Disclosed It Expects To Report That As Of Dec 31, 2017 It Had Cash And Cash Equivalents Of About $267.1 Mln
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Immunogen Inc ::IMMUNOGEN SAYS ON JAN 8, CO DISCLOSED IT EXPECTS TO REPORT THAT AS OF DEC 31, 2017 IT HAD CASH AND CASH EQUIVALENTS OF ABOUT $267.1 MILLION - SEC FILING.  Full Article

ImmunoGen reports Q3 loss per share $0.61
Friday, 3 Nov 2017 

Nov 3 (Reuters) - ImmunoGen Inc :ImmunoGen reports recent progress and third quarter 2017 operating results.Q3 loss per share $0.61.Q3 revenue $8.5 million versus $7.7 million.Q3 revenue view $33.6 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S.ImmunoGen Inc - ‍Has updated its guidance for 2017​.Revenue guidance remains unchanged and is expected to be between $115 million and $120 million.ImmunoGen Inc - ‍Cash and cash equivalents at December 31, 2017 are expected to be between $260 million and $265 million​.ImmunoGen- Operating expenses for 2017 are now expected to be between $170 and $175 million, compared to previous guidance of $175 to $180 million.ImmunoGen - Expects current cash combined with expected cash revenue from partners & collaborators will enable co to fund operations into Q4 2019​.  Full Article

Immunogen prices offering of 14.5 mln common shares at $6.50 per share
Friday, 6 Oct 2017 

Oct 5 (Reuters) - Immunogen Inc :Immunogen announces pricing of public offering of common stock.Says public offering of 14.5 million common shares priced at $6.50 per share.  Full Article

ImmunoGen intends to offer and sell 13 mln shares of common stock​
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - ImmunoGen Inc :ImmunoGen announces proposed public offering of common stock.ImmunoGen Inc - intends to offer and sell 13 million shares of its common stock​.  Full Article

Immunogen: Will reduce workforce by 17 pct
Thursday, 29 Sep 2016 

Immunogen Inc : Company will reduce its workforce by 17 pct and seek to partner its non-core b-cell lymphoma programs . Through this plan, Immunogen will realize significant cost savings over next two years in headcount, program, and support activities . These savings will include approximately $11 million per year relating to elimination of 65 positions . Expects to achieve previously-stated goal of funding operations through analysis of mirvetuximab soravtansine pivotal trial,into mid-2018 . As a result of workforce reduction, immunogen will record a one-time charge totaling approximately $3.5 million .As part of this effort and prioritization of its ign programs, will seek to monetize its non-core b-cell assets through partnering with interested parties.  Full Article

Immunogen announces update to financial results year ended June 30, 2016 - SEC filing
Thursday, 25 Aug 2016 

Immunogen Inc: Announces update to financial results for the quarter and year ended June 30, 2016 - SEC filing . Due to info that became available related to potential liability to a contract manufacturer, additional expense accrual was required . Due to the additional expense accrual, financial results have been adjusted .FY net loss increased to $144.8 million or $1.67 per share, will be reported as such in 10-K filing.  Full Article

BRIEF-ImmunoGen Reports Q1 Loss Per Share $0.30

* IMMUNOGEN REPORTS RECENT PROGRESS AND FIRST QUARTER 2018 OPERATING RESULTS