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.
- Website
- immunogen.com
- 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
Ranked
242nd among 3201 active competitors
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)
Legal entities associated with ImmunoGen
ImmunoGen is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Immunogen, Inc. CIN: 42726691 , United States, Active | Dec 26, 999 | $109M (As on Dec 31, 2022) | 225 (As on Dec 31, 2024) | - |
IMMUNOGEN INC CIN: 855654 , United States, Active | May 23, 2019 | $53.4M (As on Dec 31, 2018) | - | - |
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:
Filter 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 |
View details of ImmunoGen's funding rounds and investors
ImmunoGen's founders and board of directors
Founder? Claim ProfileImmunoGen's employee count trend
ImmunoGen has 147 employees as of Mar 26. Here is ImmunoGen's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jazz Pharmaceuticals 2003, Dublin (Ireland), Public | Developer of novel biopharmaceutical medicines for unmet medical needs | $265M | 82/100 | |
2nd | Sana Biotechnology 2018, Seattle (United States), Public | Developer of genetically engineered cell therapies for multiple disorders | $821M | 75/100 | |
3rd | Kite Pharma 2009, Los Angeles (United States), Acquired | Developer of cancer immunotherapy products using genetic engineering | $97.7M | 75/100 | |
4th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 74/100 | |
5th | Juno Therapeutics 2013, Seattle (United States), Acquired | Global biopharmaceutical company discovering, developing, and delivering innovative medicines | $317M | 74/100 | |
6th | Advanced Accelerator Applications 2002, Saint Genis Pouilly (France), Acquired | Novartis company, developing molecular nuclear medicine theranostics | $56.1M | 73/100 | |
7th | Blueprint Medicines 2008, Cambridge (United States), Acquired | Developer of selective kinase inhibitors for patients with genomically defined cancers | $115M | 72/100 | |
8th | Kronos Bio 2017, San Mateo (United States), Acquired | Developer of small molecule based therapeutics for cancer treatment | $271M | 72/100 | |
9th | ![]() Regeneron Pharmaceuticals 1988, Tarrytown (United States), Public | Developer of antibodies for the treatment of cancer, eye diseases, inflammatory diseases & others | - | 72/100 | |
10th | BeiGene 2010, Cambridge (United States), Public | Developer of targeted and immune-oncology drugs against cancer | $172M | 72/100 | |
242nd | ImmunoGen 1981, Waltham (United States), Acquired | Developer of antibody drug conjugates for the treatment of cancer | $126M | 59/100 |
Looking for more details on ImmunoGen's competitors? Click here to see the top ones
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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After AbbVie's ImmunoGen buy, Elahere posts midstage trial win in ovarian cancer subtypeFiercepharma•Jun 06, 2024•ELAHERE, AbbVie, ImmunoGen
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Scandinavian Enskilda Banken AB Publ Invests $ 769,000 in Immunogen, Inc.etfdailynews.com•Feb 16, 2024•ImmunoGen, SEB
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AbbVie concludes acquisition of ImmunoGen for $10.1bnPharmaceutical Technology•Feb 13, 2024•AbbVie, ImmunoGen, bpcruk
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New York State Common Retirement Fund Boosts Stake in ImmunoGen, Inc. (NASDAQ:IMGN)etfdailynews.com•Feb 12, 2024•ImmunoGen, New York State
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Barclays PLC Boosts Stake in ImmunoGen, Inc. (NASDAQ:IMGN)etfdailynews.com•Feb 10, 2024•Barclays, ImmunoGen
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ImmunoGen, Inc. (NASDAQ:IMGN) Shares Bought by Victory Capital Management Inc.etfdailynews.com•Feb 10, 2024•ImmunoGen, Victory Capital
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ImmunoGen, Inc. (NASDAQ:IMGN) SVP Theresa Wingrove Sells 187,667 Sharesetfdailynews.com•Jan 19, 2024•ImmunoGen
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