Tag Archives: imgn

ImmunoGen Surprises, PD-1 Drugs Under Scrutiny At ASCO

The year’s biggest cancer meeting brought a raft of updates in the hot oncology market, sending stocks moving as Wall Street sorted out the winners and losers. The biggest upside surprise from the American Society for Clinical Oncology meeting in Chicago, which ends Tuesday, probably came from ImmunoGen (IMGN), a beleaguered biotech that came back to life thanks to its antibody drug conjugate (ADC) mirvetuximab soravtansine, or IMGN853. The drug’s

4 Stocks Rising On ASCO Cancer Drug News

Drugmaker stocks were on the move Monday as the American Society of Clinical Oncology (ASCO) meeting continued to produce key data on cancer trials. Among the top movers were: ImmunoGen (IMGN) stock soared as much as 71% to a 13-month high above 15 based on its Saturday report on its phase-one trial of mirvetuximab soravtansine, or IMGN853, in ovarian cancer. The objective response rate — the percentage of tumors that shrank — was 53%, which