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Biotech / Medical : ImmunoGen -- Ignore unavailable to you. Want to Upgrade?


To: Whitmore G. who wrote (5655)7/22/2023 10:37:53 PM
From: Gary Mohilner  Read Replies (1) | Respond to of 5665
 
I believe if we give it time we'll be worth more than that. To achieve an offer of $50 all that's actually needed is reaching a share price of $25 or more, so if you're right it may come later this year.

I believe that Pivek data, which should be coming at conferences later this year, could send us well above $25 and perhaps raise your thinking on a buyout to $60 or more. I believe out technology superior to that of SGEN and would be disappointed after all this time if we failed to get at least half what's being offered for SGEN. Clearly they have more approved drugs, but ours once approved may be bigger selling and our technology should have more to offer in developing of future products.

Gary