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ImmunoGen Announces a Global, Multi-Target License and Option Agreement with Vertex for the Use of ImmunoGen's ADC Technology in the Development of Novel Targeted Conditioning Agents
ImmunoGen to Receive a $15 Million Upfront Payment; Eligible to Receive Up to $337 Million in Potential Option Fees and Milestone Payments Plus Tiered Royalties on a Per Target Basis
Waltham, MA – March 1, 2023 – ImmunoGen, Inc. (Nasdaq: img src='https://www.sec.gov/Archives/edgar/data/855654/000155837023002468/https://www.sec.gov/Archives/edgar/data/855654/000155837023002468/imgn-20230228xex99d1001.jpg' alt="Graphic" style="display:inline-block;height:30.6pt;left:0%;padding-bottom:0pt;position:relative;top:0pt;width:158.65pt;">
any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by applicable law.
INVESTOR RELATIONS CONTACT
ImmunoGen
Anabel Chan
781-895-0600
anabel.chan@immunogen.com
MEDIA CONTACTS
ImmunoGen
Courtney O'Konek
781-895-0600
courtney.okonek@immunogen.com
OR
FTI Consulting
Robert Stanislaro
212-850-5657
robert.stanislaro@fticonsulting.com