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Igm Biosciences Inc   (NASDAQ: IGMS)
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Price: $1.2150 $-0.02 -1.220%
Day's High: $1.25 Week Perf: -12.59 %
Day's Low: $ 1.18 30 Day Perf: -15.03 %
Volume (M): 65 52 Wk High: $ 22.50
Volume (M$): $ 79 52 Wk Avg: $8.68
Open: $1.22 52 Wk Low: $1.17



 Market Capitalization (Millions $) 73
 Shares Outstanding (Millions) 60
 Employees 224
 Revenues (TTM) (Millions $) 3
 Net Income (TTM) (Millions $) -196
 Cash Flow (TTM) (Millions $) -86
 Capital Exp. (TTM) (Millions $) 6

Igm Biosciences Inc
IGM Biosciences Inc. is a biotechnology company headquartered in Mountain View, California, that develops engineered antibodies for the treatment of cancer and other diseases. The companyes proprietary platform, called IgM Discovery Engine, allows for the creation of IgM antibodies that are designed to have improved pharmacokinetics, increased potency, and prolonged serum half-life.

The company was founded in 2010 by Dr. Fred Schwarzenbach, Dr. Shane Olwill, and Dr. John Eaton, and went public in 2019. IGM Biosciences is led by a team of experienced executives and scientists who have extensive experience in the development and commercialization of biological products.

IGMes pipeline includes several compounds that are currently in preclinical and clinical development. Its lead candidate, IGM-2323, is being evaluated in a Phase 1 trial for the treatment of relapsed or refractory B-cell Non-Hodgkines Lymphoma (NHL) and other B-cell malignancies. IGM-2323 is designed to target CD20, a protein that is overexpressed on the surface of B-cells in NHL.

The companyes other preclinical programs include IGM-8444, a compound that targets Death Receptor 5 (DR5) to induce apoptosis in cancer cells, and IGM-7354, a compound that targets the immune checkpoint molecule PD-L

IGM Biosciences has collaborations with several pharmaceutical companies, including AbbVie, Merck, and Genentech. The company has also received grants from the National Cancer Institute and the Cancer Prevention and Research Institute of Texas.

In summary, IGM Biosciences Inc. is a biotechnology company focused on developing engineered antibodies for the treatment of cancer and other diseases. The companyes proprietary platform, the IgM Discovery Engine, enables the creation of IgM antibodies with improved pharmacokinetics, increased potency, and prolonged serum half-life. IGM Biosciences has a pipeline of preclinical and clinical compounds and has collaborations with several pharmaceutical companies.


   Company Address: 325 E. Middlefield Road Mountain View 94043 CA
   Company Phone Number: 965-7873   Stock Exchange / Ticker: NASDAQ IGMS


   

Stock Performances by Major Competitors

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RNA   -1.07%    
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ACLX        6.41% 
CLDX   -0.73%    
IOVA   -6.15%    
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Management Announcement

IGM Biosciences Hits a Roadblock: Autoimmunity Pipeline Programs Halted Amid $220 Million Loss as Market Soars,

Published Thu, Jan 9 2025 6:00 PM UTC

IGM Biosciences Halts Key Pipeline Programs Amid Financial Struggles and Market Optimism IntroductionIn a significant strategic shift, IGM Biosciences Inc. announced it will halt further development of its promising autoimmune pipeline programs, particularly imvotamab (CD20 x CD3) and IGM-2644 (CD38 x CD3). This decision arises against a backdrop of substantial financial lo...

Stocks on the Move

In this eventful week, the stock market continued to soar as the S&P 500 and Nasdaq reached new record highs, reflecting investors optimism amidst the Federal Reserve...

Published Sat, Jul 13 2024 3:13 PM UTC

In a week filled with various market developments, the S&P 500 and Nasdaq closed at record highs as the Federal Reserve s Chairman prepared to testify before Congress. Alongside this news, Tyra Biosciences received and maintained a buy rating based on promising preclinical data, while Pulse Biosciences announced receiving a Breakthrough Device Designation for their Cardiac S...

Product Service News

A Strategic Turn in the Bio-Pharma Industry: IGM Biosciences and Sanofi Refocus Collaboration on Inflammatory Diseases.

Published Wed, Apr 17 2024 12:31 PM UTC

In a significant strategic shift, IGM Biosciences, a clinical-stage biotechnology company focused on building integrated antibody solutions, has decided to refocus its collaboration with Sanofi, the French multinational pharmaceutical company. The mutual understanding now primarily aims at advancing therapies for patients across multiple inflammatory diseases, intending to s...

Clinical Study

Strategic Pipeline Prioritization and Cash Boost: Navigating Revenue Growth Challenges, IGM Biosciences Prepares for the Future.

Published Tue, Dec 5 2023 9:01 PM UTC



In recent news, IGM Biosciences Inc has unveiled its strategic pipeline prioritization and extended its cash runway. The company has emphasized the clinical development of its DR5 agonist in colorectal cancer and T cell engagers in autoimmune diseases. Additionally, comparing its revenue growth to its competitors, IGM Biosciences reported a 0% increase in revenue i...

Igm Biosciences Inc

Igm Biosciences Inc Announces Impressive Revenue of $0.509 Million in Latest Fiscal Period

Igm Biosciences Inc, a biotechnology company, recently reported its financial results for the July to September 30, 2023 timeframe. During this period, the company generated revenue of $0.509 million. However, the company also experienced a net loss of $-61.989 million, which is higher than the $-58.037 million loss reported in the same timeframe the previous year.
Despite the disappointing financial results, investors remain cautious about Igm Biosciences Inc's market and stock performance. In the past five trading days, the company's shares have dropped by -7.77%. This decline further compounds the negative year-to-date performance of -73.39%, which has been a cause for concern among shareholders.







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