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Less Than Four Hours Before The Market Open, ImmunoGen Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than four hours and ImmunoGen‘s pre-market value is already 4.48% up.

ImmunoGen’s last close was $4.02, 39.37% under its 52-week high of $6.63.

The last session, NASDAQ ended with ImmunoGen (IMGN) jumping 3.61% to $4.02. NASDAQ dropped 0.66% to $11,379.48, after four successive sessions in a row of losses, on what was a somewhat negative trend exchanging session.

About ImmunoGen

ImmunoGen, Inc., a clinical-stage biotechnology company, develops antibody-drug conjugate (ADC) therapies to treat cancer. The company's product candidates include mirvetuximab soravtansine, an ADC targeting folate-receptor alpha (FRa), which is in Phase III clinical trial for the treatment of platinum-resistant ovarian cancer; and Pivekimab sunirine, a CD123-targeting ADC that is in Phase II clinical trial for treating acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm. Its preclinical programs include IMGC936, an ADC in co-development with MacroGenics, Inc.; and IMGN151, an anti FRa product candidate. The company has collaborations with Roche; Amgen/Oxford BioTherapeutics; Bayer HealthCare AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; CytomX Therapeutics, Inc.; Fusion Pharmaceuticals Inc.; Debiopharm International SA; and MacroGenics, Inc. ImmunoGen, Inc. was founded in 1980 and is headquartered in Waltham, Massachusetts.

Earnings Per Share

As for profitability, ImmunoGen has a trailing twelve months EPS of $-0.252.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -157.66%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 66.9%, now sitting on 95.61M for the twelve trailing months.

Moving Average

ImmunoGen’s worth is way under its 50-day moving average of $4.57 and way below its 200-day moving average of $4.90.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 76.5% and a negative 180%, respectively.

More news about ImmunoGen (IMGN).

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