ImmunoGen Inc (IMGN)

[skitahoe]

A little retrenchment after recent gains is normal, hopefully we'll build back up shortly. I believe that we're soon to get news of a partner for IMGN853 as the new trial certainly quickens the path to approval. I hope that IMGN sticks to its guns about keeping the U.S. to itself in any partnership, they need to revenue that wholly owning a drug should bring, rather than royalty and milestone payments they're tempted to monetize.

If such a partnership were announced, I would not be surprised to see double digit prices again, and $20's or more as trials reached their conclusions, probably in 2021.

Happy New Year's all,

Gary