ImmunoGen Inc (IMGN)

[vinmantoo]

The Street was thinking that IMGN was heading for a buyout, but the partnership for more MAB's says that long-term, we're looking to create more drugs.

I like the long-term strategic move by IMGN. The market tends to be very focused on the short-term where I focus more on the longer term. Now if a great buyout offer comes along......

They will be looking for partnership that bring in money and hopefully that will be happening soon.

I am not sure IMGN will be looking for a partner. For me the key near-term events are earnings the rest of the year and full approval for Elahere in the US and in Europe.