This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ImmunoGen's CEO Presents At Morgan Stanley Healthcare Conference - Transcript

We’ve been working on that and we continue to bring new innovations in and where we are with the program at this point, from a strategic standpoint we are in the process of moving to a company that develops proprietary compound. We have (inaudible) in the clinic today. I’ll come back and just provide a brief update on that, but that effort has been somewhat overshadowed by what is taking place in our partner pipeline.

There are 8 compounds in the clinic and two partners, our partner includes Roche, Sanofi, Novartis, Lilly, Bayer and the dominant compound or the most advanced compound in that partner pipeline is T-DM1. T-DM1 gained a compound being advanced by Roche as effectively the replacement for Herceptin. Herceptin, both because of its coming off of patent, but also because of some extraordinary data that has been reported associated with T-DM1 has shown it to be very effective and we’ve seen it thus far in the first line and second line showing a substantially better efficacy while affording the tolerability benefits associated with the targeted therapy that is in place. So, the partner pipeline is developing nicely. T-DM1 will be a lot of news coming out on that and there has been a lot of news to date, but that will continue as they now have the compound submitted for metastatic treatment for patients who failed an earlier line of Herceptin therapy and so we will hear more about that hopefully acceptance and approval by the FDA and European regulators, but they are also looking at an adjuvant. They have a gastric study underway so there is quite a bit taking place there. Behind that on the partner side, there are a number of other compounds that are advancing.

Sanofi has a compound for Non-Hodgkin's lymphoma that is in three phase, two studies. We expect to be hearing more about that, but that it is over the coming quarters. The data thus far has been very good, both in terms of efficacy as well as tolerability and other partners are advancing their compounds. We expect to see some of those compounds moving into pivotal studies over the course of 2013.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs