ImmunoGen Inks Multi-Target License Deal With ImmunoBiochem For Next-Gen Antibody-Drug Conjugates

AbbVie To Acquire ImmunoGen For $31.26/shre In All-cash Deal Of About $10.1 Bln

AbbVie Inc. (ABBV) and ImmunoGen, Inc. (IMGN) announced Thursday AbbVie will acquire ImmunoGen, and its flagship cancer therapy ELAHERE (mirvetuximab soravtansine-gynx), a first-in-class antibody-drug conjugate (ADC) approved for platinum-resistant ovarian cancer (PROC).

RTTNews | 484天前

ImmunoGen, Oxford BioTherapeutics To Collaborate To Develop Novel Antibody-Drug Conjugates

ImmunoGen Inc. (IMGN), a developer of antibody-drug conjugates (ADCs) for the treatment of cancer, announced Monday a multi-year collaboration to research novel, first-in-class ADCs with clinical stage oncology company Oxford BioTherapeutics (OBT), utilizing ImmunoGen's proprietary linker-payload technology directed to novel targets identified via OBT's proprietary OGAP discovery platform.

RTTNews | 1019天前

Canadian Market Down Sharply On Widespread Selling

Canadian shares are down sharply in negative territory in early afternoon trades on Friday, extending earlier losses, amid concerns about growth and uncertainty about U.S. tariffs. Disappointing GDP data appears to be weighing as well.

RTTNews | 5小時0分鐘前

German Unemployment Rate Rises In March

German unemployment increased more than expected in March as economic downturn continued to weigh on labor market activity, official data showed Friday. The number of people out of work increased 26,000 to 2.92 million, the Federal Employment Agency reported. Unemployment was expected to climb 10,000 after rising 9,000 in February.

RTTNews | 7小時26分鐘前

U.S. Consumer Sentiment Slumps More Than Previously Estimated In March

Consumer sentiment in the U.S. fell by more than previously estimated in the month of March, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for March was downwardly revised to 57.0 from a preliminary reading of 57.9. Economists had expected the index to be unrevised.

RTTNews | 7小時53分鐘前

CPSC Recalls: E-Bikes, Bunk Beds, Window Shades, Bottles, Dressers, Candles

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including E-bikes with chain guards, children's steel utility bunk beds, roller window shades, dietary supplement bottles, dressers, and scented candles, among others. Morgan Hill, California-based Specialized Bicycle Components Inc. has called back about 32,400 units of Vado and Como IGH E-Bikes with chain duards...

RTTNews | 8小時8分鐘前

U.S. Consumer Prices Rise In Line With Estimates But Core Price Growth Exceeds Expectations

While the Commerce Department released a report on Friday showing U.S. consumer prices increased in line with economist estimates in the month of February, core consumer prices rose by slightly more than expected. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen in the two previous months.

RTTNews | 8小時41分鐘前

U.S. PCE Price Index Rises In Line With Estimates In February

A report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of February, although core consumer prices rose by slightly more than expected.

RTTNews | 9小時45分鐘前

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ImmunoGen Inks Multi-Target License Deal With ImmunoBiochem For Next-Gen Antibody-Drug Conjugates