AbbVie to Acquire ImmunoGen, including its Flagship Cancer Therapy ELAHEREĀ® (mirvetuximab soravtansine-gynx), Expanding Solid Tumor Portfolio

Go back to AbbVie to Acquire ImmunoGen, including its Flagship Cancer Therapy ELAHEREĀ® (mirvetuximab soravtansine-gynx), Expanding Solid Tumor Portfolio

Immunogen (IMGN) shares surge on news of takeover by AbbVie (ABBV)

November 30, 2023 9:09 AM EST

AbbVie (NYSE: ABBV) announced Thursday that it will acquire Immunogen (NASDAQ: IMGN) and its flagship cancer therapy, Elahere, in a deal worth $31.26 per share.

The transaction values ImmunoGen at a total equity value of approximately $10.1 billion and is expected to close in the middle of 2024.

Elahere... More

Sutro Biopharma (STRO) Trades Higher in Sympathy with Immunogen (IMGN)

November 30, 2023 7:45 AM EST

Sutro Biopharma Inc. (NASDAQ: STRO) Trades Higher in Sympathy with Immunogen (NASDAQ: IMGN)

Earlier:

AbbVie Inc. (NYSE: ABBV) and ImmunoGen, Inc. (NASDAQ: IMGN) today announced a definitive agreement under which AbbVie will... More

Immunogen (IMGN) to Resume Trading at 8 a.m. Following News of Takeover by AbbVie (ABBV)

November 30, 2023 7:41 AM EST

Immunogen (NASDAQ: IMGN) to Resume Trading at 8 a.m. Following News of Takeover by AbbVie (NYSE: ABBV)

Earlier:

AbbVie Inc. (NYSE:... More