Immunogen (IMGN) Announces Workforce Reduction; Will Move to Partner on non--Core B-Cell Lymphoma Programs
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ImmunoGen Completes Strategic Review to Strengthen the Organization and Drive Long-Term Growth
September 29, 2016 4:01 PM EDTWALTHAM, Mass.--(BUSINESS WIRE)-- ImmunoGen, Inc. (Nasdaq: IMGN), a leader in the expanding field of antibody-drug conjugates (ADCs) for the treatment of cancer, today announced the completion of a strategic review of its operations. As a result of this initiative, the Company will reduce its workforce by 17% and seek to partner its non-core B-cell lymphoma programs, creating a... More
