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ImmunoGen logo — Focusing on core therapeutic areas such as immunology, oncol...

ImmunoGen

Focusing on core therapeutic areas such as immunology, oncology, neuroscience, eye care, aesthetics, and other areas of unmet need

Founded 1981 34 employees Acquired Total: $681.30M Biotechnology, Health Care +1

General Information

Company Name ImmunoGen
Founded Year 1981
Founders / Decision Makers
Team member Team member
Employees 34
Industries Biotechnology, Health Care, Health and Wellness
Funding Stage Acquired
Business Model B2B, B2D
Revenue Model Licensing, Product Sales
Social

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About ImmunoGen

ImmunoGen, Inc. is a biotechnology innovator, harnessing the potential of antibody-drug conjugates (ADCs) to revolutionize cancer treatment. With a focus on oncology, the company combines the precision of antibodies with the effectiveness of cytotoxic drugs, aiming to target cancer cells while sparing healthy tissues.

Founded in 1981, ImmunoGen has established a solid presence within the biotechnology and health care sectors. Its mission aligns with pressing global needs in domains like immunology, oncology, and neuroscience, reflected in its slogan: "Focusing on core therapeutic areas such as immunology, oncology, neuroscience, eye care, aesthetics, and other areas of unmet need." Despite not having a specific headquarters listed, its influence is undeniably vast.

As of November 2023, ImmunoGen drew significant attention with an acquisition investment from AbbVie. This strategic move highlights the company's strong potential and the market's confidence in its innovative capabilities.

Business keywords: antibody-drug conjugates, cancer treatment, oncology, immunology, neuroscience, therapeutics development, Targeted Antibody Payload (TAP) technology, metastatic breast cancer, hematological malignancies, solid tumors, collaboration agreements, licensing partnerships

Services & Products

Drug Development
Clinical Trials Management
Cancer Research and Treatment Solutions
Healthcare Professional Support

Target Customers

Cancer Patients Oncologists Healthcare Providers Research Institutions

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition Undisclosed 1
AbbVie
01 Nov 2023
Post-IPO Debt $200.00M -
01 May 2023
Secondary Market $257.10M -
01 Dec 2021
Post-IPO Equity $54.80M -
01 Oct 2020
Post-IPO Equity $108.40M -
01 Oct 2017
Post-IPO Equity $30.00M -
01 May 2017
Post-IPO Equity $20.00M 1
Eli Lilly
01 Dec 2011
Post-IPO Equity $2.00M -
01 Jun 2011
IPO Undisclosed -
01 Nov 1989
Late VC $9.00M 3
TA Associates, Harvard Management Co. +1
01 Jan 1988

View All 11 Funding Rounds

ImmunoGen Alternatives & Competitors

View All Alternatives
ImmunoGen vs

Next generation antibody drug conjugates

Series C
48 employees
Biotechnology, Health Care
ImmunoGen vs
ADC Therapeutics
ADC Therapeutics Switzerland

Innovating Science. Inspiring Hope.

252 employees
Biopharma, Biotechnology
ImmunoGen vs
ProfoundBio
ProfoundBio United States

An oncology biotherapeutics company

Series B
8 employees
Biotechnology, Health and Wellness

FAQ About ImmunoGen

Focusing on core therapeutic areas such as immunology, oncology, neuroscience, eye care, aesthetics, and other areas of unmet need
ImmunoGen was founded in 1981.
ImmunoGen operates in Biotechnology, Health Care and Health and Wellness. Its work centres on antibody-drug conjugates, cancer treatment, oncology and immunology. Its customers include Cancer Patients, Oncologists and Healthcare Providers.
ImmunoGen has a B2B and B2D business model. Its revenue comes from Licensing and Product Sales.
ImmunoGen has approximately 34 employees.
ImmunoGen has completed 11 funding rounds, raising a total of $681.30M. The latest funding stage is Acquired.
ImmunoGen offers: Drug Development, Clinical Trials Management, Cancer Research and Treatment Solutions, Healthcare Professional Support.
Top alternatives and competitors to ImmunoGen include NBE-Therapeutics AG, ADC Therapeutics, ProfoundBio, Myricx Bio, GammaDelta Therapeutics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ImmunoGen and NBE-Therapeutics AG are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ImmunoGen, https://bouncewatch.com/company/immunogen, updated 10 June 2026. When citing, please name BounceWatch and link this page.

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