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ImmunoGen - About the company

ImmunoGen is an acquired company based in Waltham (United States), founded in 1981. It operates as a Developer of antibody drug conjugates for the treatment of cancer. ImmunoGen has raised $126M in funding. The company has 3201 active competitors, including 1095 funded and 766 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Sana Biotechnology and Kite Pharma.

Company Details

Developer of antibody drug conjugates for the treatment of cancer. The company 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. The technology is used in Roche’s Kadcyla (ado-trastuzumab emtansine for HER2-positive metastatic breast cancer) and is licensed by other leading healthcare companies.
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Email ID
*****@immunogen.com
Registered Address
Waltham, Massachusetts
Key Metrics
Founded Year
1981
Location
Waltham, United States
Stage
Acquired
Total Funding
$126M in 5 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$109M as on Dec 31, 2022
Employee Count
147 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by AbbVie (Nov 30, 2023)

ImmunoGen's acquisition details

ImmunoGen got acquired by AbbVie on Nov 30, 2023. It was facilitated by J P Morgan, Morgan Stanley, Wachtell, Lipton, Rosen & Katz and 3 more.
Click here to take a look at ImmunoGen's acquisition in detail
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ImmunoGen's funding and investors

ImmunoGen has raised a total funding of $126M over 5 rounds. Its first funding round was on Jun 15, 2011. ImmunoGen has 4 institutional investors.

Here is the list of recent funding rounds of ImmunoGen:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 2016
1869010
PE
8274259
9091441
7416791
1659701
Dec 20, 2011
3022391
PE
4420817
7766010
4260720
7071410
Nov 14, 2011
3894268
Angel
5474598
3803226
8114088
1247092
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ImmunoGen's founders and board of directors

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ImmunoGen's employee count trend

ImmunoGen has 147 employees as of Mar 26. Here is ImmunoGen's employee count trend over the years:
Employee count trend for ImmunoGen
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ImmunoGen's Competitors and alternates

Top competitors of ImmunoGen include Jazz Pharmaceuticals, Sana Biotechnology and Kite Pharma. Here is the list of Top 10 competitors of ImmunoGen, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
82/100
2nd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of genetically engineered cell therapies for multiple disorders
$821M
75/100
3rd
Logo for Kite Pharma
Kite Pharma
2009, Los Angeles (United States), Acquired
Developer of cancer immunotherapy products using genetic engineering
$97.7M
75/100
4th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
74/100
5th
Logo for Juno Therapeutics
Juno Therapeutics
2013, Seattle (United States), Acquired
Global biopharmaceutical company discovering, developing, and delivering innovative medicines
$317M
74/100
6th
Logo for Advanced Accelerator Applications
Advanced Accelerator Applications
2002, Saint Genis Pouilly (France), Acquired
Novartis company, developing molecular nuclear medicine theranostics
$56.1M
73/100
7th
Logo for Blueprint Medicines
Blueprint Medicines
2008, Cambridge (United States), Acquired
Developer of selective kinase inhibitors for patients with genomically defined cancers
$115M
72/100
8th
Logo for Kronos Bio
Kronos Bio
2017, San Mateo (United States), Acquired
Developer of small molecule based therapeutics for cancer treatment
$271M
72/100
9th
Logo for Regeneron Pharmaceuticals
Regeneron Pharmaceuticals
1988, Tarrytown (United States), Public
Developer of antibodies for the treatment of cancer, eye diseases, inflammatory diseases & others
-
72/100
10th
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
72/100
242nd
Logo for ImmunoGen
ImmunoGen
1981, Waltham (United States), Acquired
Developer of antibody drug conjugates for the treatment of cancer
$126M
59/100
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ImmunoGen's Investments and acquisitions

ImmunoGen has made no investments or acquisitions yet.

Reports related to ImmunoGen

Here is the latest report on ImmunoGen's sector:

News related to ImmunoGen

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