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Biotech / Medical : ImmunoGen
IMGN 31.230.0%Feb 26 3:00 PM EDT

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To: Gary Mohilner who wrote (5638)1/17/2020 10:50:25 AM
From: Wildbiftek  Read Replies (1) of 5665
 
I agree that the prospects are good and I've placed an appropriately sized bet in the stock as a result. However, there is definitely the possibility the trial fails for any number of reasons, competition emerges for the same target, or the FDA decides to move the bar for approval in this indication even after a SORAYA success.

I believe Enyedy when he says that he is receiving plenty of "active inbound interest" but the terms may not be especially attractive as industry momentum still remains behind immune checkpoint and related assets rather than ADCs. This may change this year after 2 approvals late last year and if ZYME results are good.
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