BNET Industries

Market Cap:$455.9M
Last Fiscal Year Sales:$40.2M
  • Public
  • US
Dow Jones Description

ImmunoGen was founded in 1981 and became a public company in 1989. From inception, we have focused on the creation of targeted anticancer compounds that make use of monoclonal antibodies to deliver cell-killing agents to cancer cells. Over the years, we have gained unparalleled expertise in the field of immunoconjugates - their design, their development, their preclinical and clinical evaluation, and their manufacturing. The creation of effective immunoconjugate compounds hinges, in part, on the cell-killing agent used. Like others in this field, our scientists started by evaluating marketed chemotherapeutic agents for use as the killing agent. They quickly determined that such an approach was unlikely to be successful, as such agents were not designed for delivery to cancer cells attached to antibodies and do not have the potency required. At the time, it appeared that only certain plant and bacterial toxins had the necessary potency. Thus, in the 1980s, we developed several immunoconjugates containing a modified form of a highly toxic plant protein called ricin. A risk with the use of a plant protein, particularly when combined with a mouse monoclonal antibody, is that a patient's immune system will recognize the compound as "foreign" (i.e., not native to the patient's body) and produce antibodies to it, removing it from the blood stream before it reaches the tumor. As cancer patients tend to have impaired immune systems, the risk of this response occurring at a...

President, Chief Executive Officer (Principal Executive Officer)
Daniel M. Junius
Number of Employees 210
Contact Information

128 Sidney St

Cambridge, Massachusetts 02139

immunogen.com

1 617 995 2500

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • After-Hours Movers 10/29: AXTI, ISSI, APKT, GNW, CEC, CSA, LVS Higher; IDIX, NVTL, TSRA, CRDC...

    10/29/09 - Financial Announcement - View Story

  • ImmunoGen inks licensing deal with Amgen

    9/17/09 - New Investment - View Story

  • ImmunoGen, Inc. IMGN Licenses Anticancer Technology to Amgen AMGN JOBS; Deal Worth up to $35...

    9/18/09 - Licensing / Contract - View Story

  • ImmunoGen, Inc. Reports Fourth Quarter and Fiscal Year 2009 Financial Results

    8/06/09 - Financial Announcement - View Story

News & Analysis

immunogen inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Daniel M. Junius President, Chief Executive Officer (Principal Executive Officer)
Mitchel Sayare Chief Executive Officer
Gregory D Perry Senior Vice President and Chief Financial Officer
James O'Leary Vice President and Chief Medical Officer
John M. Lambert Executive Vice President, Research and Development and Chief Scientific Officer
Walter A. Blattler Executive Vice President, Science and Technology
Pauline Jen Ryan Senior Vice President, Corporate Development and Operations
Craig Barrows Vice President, General Counsel and Secretary
John Tagliamonte Vice President, Business Development
Carol Hausner Executive Director, Investor Relations and Corporate Communications
Christine Swenson Executive Director, Regulatory Affairs and Quality
Thomas Chittenden Executive Director, Research
Thomas Lauzon Executive Director, Manufacturing Operations
Linda Buono Senior Director, Human Resources.
Karleen M. Oberton Senior Controller
Neil Kerman Corporate Controller
Stuart F. Feiner Director

Board of Directors

Name (plus bio) Position
David W. Carter Board of Directors
John Wallace Richard Board of Directors
Joseph Villafranca Board of Directors
Mark B. Skaletsky Board of Directors
Nicole A. Onetto Board of Directors
Richard Wallace Board of Directors

Daniel Junius joined ImmunoGen as Chief Financial Officer (CFO) and Senior Vice President, Finance in May 2005, was promoted to Executive Vice President, Finance and CFO in July 2006, to President and Chief Operating Officer in July 2008, and to President and Chief Executive Officer effective January 1, 2009. Mr. Junius was Executive Vice President and CFO of New England Business Service, Inc. (NEBS) from 1998 until its acquisition by Deluxe Corporation in 2004. Prior to NEBS, he was Vice President and CFO of Nashua Corporation. He joined Nashua Corporation in 1984 and held financial management positions of increasing responsibility before becoming CFO in 1996. Mr. Junius holds a Masters in Management from Northwestern University’s Kellogg School of Management.

Organization Position Status
ImmunoGen, Inc. President, Chief Executive Officer (Principal Executive Officer) Current
Computer Review Chief Financial Officer and Senior Vice President, Finance Current
Age Wave Current
ImmunoGen, Inc. Director Current
ImmunoGen, Inc. President and Chief Operating Officer and Acting Chief Financial Officer Former
Nebs, Inc. Chief Financial Officer Former
ImmunoGen, Inc. Chief Financial Officer Former
Nashua Corporation Cfo Former
Nebs, Inc. Executive Vice President Former
ImmunoGen, Inc. Executive Vice President, Finance Former
Nebs, Inc. Senior Vice President Former
ImmunoGen, Inc. Senior Vice President of Finance Former
Nashua Corporation Vice President Former
Deluxe Corporation Former
Kellogg School of Management at Northwestern University Masters In Management Former
Northwestern University Masters in Management Former

Mitchel Sayare, Ph.D., age 60, has been a director of ImmunoGen since 1986 and has been our Chairman of the Board since 1989. Dr. Sayare served as our Chief Executive Officer from 1986 to Dec. 31, 2008; he also served as our President from 1986 to 1992 and from 1994 to July 2008. Prior to joining ImmunoGen, he served as Vice President of Development of Xenogen from 1982 to 1985. Prior to that he was Assistant Professor of Biophysics and Biochemistry at the University of Connecticut. Dr. Sayare holds a Ph.D. in Biochemistry from Temple University School of Medicine. Dr. Sayare is also a director of ImmuCell Corporation, in addition to a number of private companies.

Organization Position Status
ImmunoGen, Inc. Chief Executive Officer Current
ImmuCell Corporation Chair Current
ImmunoGen, Inc. Chairman of The Board Current
Nantucket Conference Board of Directors Current
Nantucket Conference Chief Executive Officer Former
Nantucket Conference President Former
Xenogen Corporation Vice President for Development Former
ImmunoGen, Inc. Director Former
Temple University School of Medicine Ph.D. In Biochemistry Former

Organization Position Status
ImmunoGen, Inc. Senior Vice President and Chief Financial Officer Current
Elixir Pharmaceuticals, Inc. Chief Financial Officer and Executive Vice President Current
Domantis Ltd Chief Financial Officer Former
Amherst College B.A. Former

Prior to joining ImmunoGen in November 2008, Dr. O'Leary was Senior Medical Director, Clinical Oncology at Bayer Corporation, where his responsibilities included leading the global clinical development team for a late-stage anticancer agent. Before joining Bayer in 2006, he was Medical Director, Clinical Oncology at Pfizer Inc. While at Pfizer, Dr. O'Leary led early clinical development teams for two anticancer agents and, later, the global clinical development team for a more advanced compound. Prior to joining Pfizer as Associate Medical Director in 2000, Dr. O'Leary held the position of Medical Reviewer, Division of Oncology Drug Products, at the US Food and Drug Administration (FDA) and was the lead reviewer on Taxol(R) (paclitaxel) for adjuvant use in the treatment of breast cancer. Dr. O'Leary completed his post-doctoral training in Internal Medicine at Winthrop University Hospital, his Hematology/Oncology fellowship at New York University Medical Center, and was a Sessions Physician at Bellevue Hospital in the Breast and the Oncology Clinics in New York. He earned his medical degree from the State University of New York - Health Science Center at Brooklyn in 1990.

Organization Position Status
ImmunoGen, Inc. Vice President and Chief Medical Officer Current
Pfizer Inc. Medical Director Former
Bayer Corporation Senior Medical Director Former
The State University of New York Health Science Center at Brooklyn Degree Former

John M. Lambert joined ImmunoGen as Senior Director of Research in 1987 and was promoted to Vice President, Research and Development in 1994, to Senior Vice President, Pharmaceutical Development in 2000, to Senior Vice President, Research and Development and Chief Scientific Officer in early 2008, and to Executive Vice President, Research and Development and Chief Scientific Officer in July 2008. Prior to his tenure with ImmunoGen, Dr. Lambert was Assistant Professor of Pathology at the Dana-Farber Cancer Institute in Boston, MA. Dr. Lambert received his doctorate in Biochemistry from Cambridge University in England.

Organization Position Status
ImmunoGen, Inc. Executive Vice President, Research and Development and Chief Scientific Officer Current
Computer Review Senior Vice President, Pharmaceutical Development Current
ImmunoGen, Inc. Senior Director Current
ImmunoGen, Inc. Senior Vice President, Pharmaceutical Development Former
Laureate Pharma, Inc. Acting Vice President of Commercial Operations Former
Dana-Farber Cancer Institute Assistant Professor Former
Harvard Medical School Assistant Professor Former
University of Cambridge Ph.D. In Biochemistry Former
Cambridge University Ph.D. In Biochemistry Former

Walter A. Blattler has been with ImmunoGen since 1987. Before assuming his current position, he served as Senior Vice President, Research and Development. Prior to his work with the Company, he was chief scientist for the ImmunoGen-supported research program at Dana-Farber Cancer Institute in Boston, Massachusetts. Dr. Blattler received his Ph.D. in Chemistry from the Swiss Federal Institute of Technology in Zurich (ETH-Z) in 1978.

Organization Position Status
ImmunoGen, Inc. Executive Vice President, Science and Technology Current
ImmunoGen, Inc. Board of Directors Current
Dana-Farber Cancer Institute Former
Swiss Federal Institute of Technology Ph.D. In Chemistry Former
Swiss Federal Institute of Technology Masters Degree Former

Organization Position Status
ImmunoGen, Inc. Senior Vice President, Corporate Development and Operations Current
Computer Review Senior Vice President, Corporate Development and Operations Current
ImmunoGen, Inc. Vice President, Business Development Former
Organogenesis Inc. Director of Business Development Former
ImmunoGen, Inc. Senior Director, Business Development Former
Organogenesis Inc. Head of Business Development Former
Northwestern University Master of Business Administration degree Former
Kellogg School of Management at Northwestern University Masters In Management Former

Craig Barrows joined ImmunoGen in October 2007 with over twenty years of legal experience – thirteen as chief corporate legal officer – and a strong transactional background. Mr. Barrows was general counsel of M/A-COM, Inc. from 1994 until the company was acquired in 1996, general counsel and secretary of Media 100 Inc. before he joined New England Business Service, Inc. (NEBS) in 1998, and vice president, general counsel and secretary of NEBS until the company was acquired in 2004. Most recently, Mr. Barrows was vice president, general counsel and assistant secretary of Mercury Computer Systems, Inc. Before transitioning to in-house counsel, Mr. Barrows focused on corporate and securities law at Skadden, Arps, Slate, Meagher & Flom. He earned his undergraduate degree at the University of Chicago and his law degree at Fordham University School of Law.

Organization Position Status
ImmunoGen, Inc. Vice President, General Counsel and Secretary Current
Mercury Computer Systems, Inc. General Counsel & Vice President Former
New England Business Service, Inc. General Counsel, Vice President & Secretary Former
Nebs, Inc. Vice President Former
Mercury Computer Systems, Inc. General Counsel Former
M/A-COM, Inc. General Counsel Former
Nebs, Inc. General Counsel Former
Mercury Computer Systems, Inc. Board of Directors Former
Nebs, Inc. Secretary Former
University of Chicago Undergraduate Degree Former
Fordham University Law School Degree Former

Organization Position Status
ImmunoGen, Inc. Vice President, Business Development Current
Laureate Pharma, Inc. Vice President of Commercial Operations Former
Millipore Corporation Senior Director of Strategy and Corporate Development Former
Boston College M.B.A. Former
Tufts University B.S. In Molecular Cell Biology Former

Carol joined ImmunoGen in 2001 as Senior Director, Investor Relations and Corporate Communications and was promoted to her current position in July 2003. Prior to ImmunoGen, she held senior-level business development and investor relations positions at Organogenesis, Inc. Previously, Carol held positions of increasing responsibility in the development and commercialization of novel cardiovascular products at Merck, Sandoz (now Novartis) and Warner-Lambert (now Pfizer), and was most recently the Director, Global Cardiovascular Products at Warner-Lambert. She has a B.S. from Cornell and an M.B.A. from Wharton.

Organization Position Status
ImmunoGen, Inc. Executive Director, Investor Relations and Corporate Communications Current
Organogenesis Inc. Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former

Chris joined ImmunoGen in August 2004 as Senior Director, Regulatory Affairs and was promoted to her current position in July 2005. Chris has twenty years of experience in regulatory affairs and quality assurance for biotechnology healthcare products, and has held positions of increasing responsibility at a number of firms in our industry, including Sepracor, Transkaryotic Therapies, Inc. (TKT), and Coley Pharmaceutical Group. Prior to joining ImmunoGen, she was Director of Regulatory and Quality at the Dow Chemical Biopharmaceutical Contract Manufacturing Services facility in Smithfield, RI. Chris has a BS degree from Stonehill College.

Organization Position Status
ImmunoGen, Inc. Executive Director, Regulatory Affairs and Quality Current
Coley Pharmaceutical Group Inc. Current
Sepracor Inc. Current
ImmunoGen, Inc. Senior Director Former
Stonehill College Bs Degree Former

Tom joined ImmunoGen in 1993 as a Scientist in our Apoptosis Technology, Inc. (ATI) subsidiary, which is now wholly-owned by ImmunoGen. Tom was promoted to Director of Research, ATI, in 1996 and to his current position in 2003. He received his Bachelors degree from Haverford College and his Ph.D. in Molecular Biology from Princeton University. Tom did his postdoctoral research focused on cancer cell biology and on cell division control at the Dana Farber Cancer Institute.

Organization Position Status
ImmunoGen, Inc. Executive Director, Research Current
Princeton University Ph.D. In Molecular Biology Former
Haverford College Bachelors Degree Former

Tom joined ImmunoGen in April 2004 as a Senior Director, Operations and was promoted to his current position in July 2005. Prior to joining ImmunoGen, Tom headed the Operations group at DowPharma in Smithfield, RI. Prior to joining DowPharma, Tom was at Biogen (now Biogen Idec) for fourteen years, where he held positions of increasing responsibility in key manufacturing-related functions. During his tenure at Biogen, Tom was involved in the pre-approval facility inspections by FDA and EU authorities for a number of Biogen products. He also participated in the design of Biogen's facilities in North Carolina. Tom has a BS degree from the University of Massachusetts.

Organization Position Status
ImmunoGen, Inc. Executive Director, Manufacturing Operations Current
ImmunoGen, Inc. Senior Director Former
Biogen Idec, Inc. Former
Biogen, Inc. Former
University of Massachusetts Amherst Bs Degree Former

Senior Director, Human Resources. Linda has over 12 years of experience in Human Resources, and has held positions of increasing responsibility since joining ImmunoGen in 1989. Her department includes Human Resource representatives and also has responsibility for certain administrative functions. Linda was Director of Human Resources prior to her promotion to her current position in 2003. She is a member of the Society for Human Resource Management (SHRM) and Northeast Human Resources Association (NEHRA).

Organization Position Status
ImmunoGen, Inc. Senior Director, Human Resources. Current
Society for Human Resource Management Member Current
Nehra Member Current

Organization Position Status
ImmunoGen, Inc. Senior Controller Current

Neil joined ImmunoGen in October 2006 with extensive experience in financial management, SEC reporting, and internal audit. Prior to ImmunoGen, Neil had a fifteen-year career at Reebok International Ltd., where he was Vice President of Corporate Finance at the time of the firm?s acquisition by Adidas. Prior to joining Reebok, Neil held positions of increasing responsibility both in industry and in public accounting firms. He is a member of the American Institute of Certified Public Accountants and of the Massachusetts Society of Certified Public Accountants, and received his Bachelor of Business Administration degree from the University of Massachusetts, Amherst.

Organization Position Status
ImmunoGen, Inc. Corporate Controller Current
American Institute of Certified Public Accountants Member Current
Reebok International Ltd. Vice President of Corporate Finance Former
University of Massachusetts Amherst Bachelor of Business Administration Degree Former

Mr. Carter has served as a director of Cell Genesys since May 1997. Prior to his retirement in 2006, Mr. Carter was chairman and chief executive officer of Xenogen Corporation. Earlier in his career, he served as president, chief executive officer and chairman of the board of directors of Somatix Therapy Corporation as well as president and chief operating officer of Northfield Laboratories. Mr. Carter is currently a director of Immunogen, Inc. Mr. Carter received a B.A. and an M.B.A. from Indiana University.

Organization Position Status
Cell Genesys, Inc. Board of Directors Current
ImmunoGen, Inc. Board of Directors Current
Xenogen Corporation Chief Executive Officer Former
The Dac-Art Corporation President Former
Northfield Laboratories Inc. President Former
Northfield Laboratories Inc. Chief Operating Officer Former
Xenogen Corporation Chairman Former
Indiana University M.B.A. Former

Organization Position Status
ImmunoGen, Inc. Board of Directors Current

Organization Position Status
Tunnell Consulting, Inc. Senior Vice President, Operations Current
Tunnell Consulting, Inc. Practice Director Current
Tunnell Consulting, Inc. Principal Current
Dyadic International, Inc. Current
ImmunoGen, Inc. Board of Directors Current
Neose Technologies, Inc. Executive Vice President, Pharmaceutical Development Former
Bristol-Myers Squibb Company Vice President of Biologics Strategy and Biopharmaceuticals Operations Former
Purdue University Ph.D. in Biochemistry, Chemistry Former
The State University of New York B.S. in Chemistry Former

Mr. Skaletsky has been a director of Alkermes since June 2004. He is currently Chairman, CEO and President of Trine Pharmaceuticals, Inc. Previously, Mr. Skaletsky was President and CEO of GelTex Pharmaceuticals, Inc. which was acquired by Genzyme in December 2000. Mr. Skaletsky held the position of Chairman and CEO of Enzytech, Inc., from 1988 to 1993, and he was President and Chief Operating Officer of Biogen, Inc., from 1981 to 1988. Mr. Skaletsky was among the founders of the Industrial Biotechnology Association, a predecessor to the Biotechnology Industry Organization (BIO), and is a former chairman of BIO. He serves on the Board of Directors of ImmunoGen, Inc., Dormantis, Inc., Advanced Magnetics, Inc, Targacept, Inc., and Icoria, Inc. In addition, Mr. Skaletsky is a member of the Board of Trustees of Bentley College.

Organization Position Status
Trine Pharmaceuticals, Inc CEO and President Current
Icoria Inc. Board of Directors Current
Targacept, Inc. Board of Directors Current
Alkermes, Inc. Director Current
ImmunoGen, Inc. Board of Directors Current
Isis Pharmaceuticals, Inc. Board of Directors Current
Cerenis Therapeutics Sa Board of Directors Current
AMAG Pharmaceuticals, Inc. Director Current
GelTex Pharmaceuticals CEO Former
Genzyme Corporation CEO Former
Targacept, Inc. Chairman & CEO Former
Trine Pharmaceuticals, Inc. CEO Former
The Althexis Company Incorporated Chief Executive Officer Former
Biogen, Inc. President Former
GelTex Pharmaceuticals President Former
Trine Pharmaceuticals, Inc. President Former
Biogen Idec, Inc. President Former
Biogen, Inc. Chief Operating Officer Former
Biogen Idec, Inc. Chief Operating Officer Former
Biotechnology Industry Organization Chairman of the Board of Directors Former
AMAG Pharmaceuticals, Inc. Chair Former
Biogen, Inc. Chairman Former
The Althexis Company Incorporated Chairman Former
Trine Pharmaceuticals, Inc. Chairman Former
GelTex Pharmaceuticals Director Former

Nicole Onetto, MD, age 55, has been a director of ImmunoGen since 2005. Dr. Onetto has served as Senior Vice President and Chief Medical Officer of ZymoGenetics, Inc., a biotechnology company specializing in protein therapeutics, since 2005. Prior to that she served as Executive Vice President and Chief Medical Officer at OSI Pharmaceuticals, Inc., a biopharmaceutical company, from 2003 to 2005, and as Executive Vice President of OSI Pharmaceutical’s Oncology business from 2002 to 2003. Prior to that she served as Senior Vice President, Medical Affairs, at Gilead Sciences, Inc., a biopharmaceutical company, from 2000 to 2001. Dr. Onetto has a Doctor of Medicine degree from the University of Paris V, France.

Organization Position Status
ImmunoGen, Inc. Board of Directors Current
ZymoGenetics, Inc. President and Chief Former
OSI Pharmaceuticals, Inc. Chief Medical Officer Former
OSI Pharmaceuticals, Inc. Executive Vice President Former
Bristol-Myers Squibb Company Senior Vice President Former
Gilead Sciences, Inc. Senior Vice President of Medical Affairs Former
ZymoGenetics, Inc. Senior Vice President Former
Osi Oncology Development Vice President, Medical Affairs Former
Bristol-Myers Squibb Company Senior Executive Former
Immunex Corporation Former
Bristol-Myers Squibb Company Director Former
University of Paris M.D. Former
University of Montreal Masters of Science In Pharmacology Former
University of Paris B.Sc. Former

Richard Wallace, BCom (Hons), joined as a director of the Company in March 2006. Richard is Senior Vice President of Global Commercial Strategy at GlaxoSmithKline and a member of their Research and Development Executive, Commercial Operations Committee and Product Management Board. Since joining GSK in 1992, Richard has performed a number of roles from Vice President Commercial (Canadian Pharmaceuticals), Vice President US Business Development, and Vice President Sales & Marketing (US Oncology and HIV). Richard has over the past 6 years in R&D led Global Clinical Development and Product Strategy roles in Neurosciences, expanding to all therapeutic areas of the GSK portfolio. Richard's experience prior to joining GSK includes 8 years with Bristol Myers Squibb and 7 years at Johnson & Johnson in assignments spanning marketing, sales, manufacturing and general management. Richard received BCom and BCom.Honors degrees from Rhodes University, South Africa.

Organization Position Status
Avigen, Inc. Director of the Company Current
ImmunoGen, Inc. Board of Directors Current
Avigen, Inc. Board of Directors Current
Clinical Data Inc. Board of Directors Current
Healthcare Education Services Ltd Board of Directors Current
Product Management and Co Board of Directors Current
Bridgehead International Ltd Board of Directors Current
Adenosine Therapeutics, LLC Board of Directors Current
GlaxoSmithKline Plc Senior Vice President, Research and Development Former
US Oncology, Inc. Vice President Sales & Marketing Former
Rhodes University Degrees Former

Organization Position Status
Inco Limited General Counsel, Executive Vice President & Secretary Current
Globestar Mining Corporation Consultant Current
Inco Limited General Counsel Current
Inco Limited Board of Directors Current
ImmunoGen, Inc. Director Current
Duke University J.D. Law degree Former
Columbia University M.B.A. Former
Wharton Graduate School of the University of Pennsylvania B.S. In Economics Former
Duke University Degree Former
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     IMGN $7.99 +0.60 (8.12% )
Average Volume 374,384
Shares Outstanding 57.06M
Market Cap 455.9M
Year High 10.13
Year Low 3.15
Earnings Per Share -0.67
P/E Ratio -11.93
Dividend N/A
Yield N/A
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