Shares of ImmunoGen, Inc. (NASDAQ:IMGN) ended Thursday session in green amid volatile trading. The shares closed up +0.06 points or 2.18% at $2.81 with 1.16 million shares getting traded. Post opening the session at $2.73, the shares hit an intraday low of $2.65 and an intraday high of $2.83 and the price vacillated in this range throughout the day. The company has a market cap of $235.95 million and the numbers of outstanding shares have been calculated to be 87.33 million shares.
ImmunoGen, Inc. (IMGN) on August 9, 2016 announced that Charles Morris, MBChB, MRCP, Executive Vice President and Chief Development Officer, is leaving the Company effective September 2 to pursue an opportunity closer to his primary residence in Pennsylvania.
“Charlie has made a significant contribution to ImmunoGen over these past four years,” said Mark Enyedy, President and CEO. “He played a key role in building a strong development organization, including an experienced team led by our Chief Medical Officer and Vice President, Anna Berkenblit, MD, and our Vice President, Regulatory Affairs, Theresa Wingrove, PhD. Anna and Theresa will now report directly to me, as we advance our pipeline and initiate the Phase 3 study of mirvetuximab soravtansine before the end of the year. We wish Charlie the very best in his new role.”
“ImmunoGen is successfully implementing a speed-to-market strategy for our lead product candidate, mirvetuximab soravtansine, is accelerating a strong pipeline behind it, and continues to drive significant ADC innovations,” commented Dr. Morris. “I am proud of what we have accomplished with our portfolio and look forward to ImmunoGen’s continued success, as this talented development team advances these exciting ADC programs to benefit patients with cancer.”
Shares of Shire PLC (ADR) (NASDAQ:SHPG) ended Thursday session in red amid volatile trading. The shares closed down -2.15 points or -1.11% at $191.45 with 408,885.00 shares getting traded. Post opening the session at $192.27, the shares hit an intraday low of $191.13 and an intraday high of $193.29 and the price vacillated in this range throughout the day. The company has a market cap of $57.53 billion and the numbers of outstanding shares have been calculated to be 906.90 million shares.
Shire PLC (ADR) (SHPG) announced that Flemming Ornskov, MD, Chief Executive Officer, will present at the Morgan Stanley Global Healthcare Conference on September 12, 2015 at 3:40 p.m. EDT (8:40 p.m. BST) and Jeff Poulton, Chief Financial Officer will present at the Bank of America Merrill Lynch Global Healthcare Conference 2015 on September 16, 2015 at 11:25 a.m. BST (6:25 a.m. EDT).
The live audio webcasts of both events will be available on the Presentations and Webcasts section of Shire’s Investor website at http://investors.shire.com/presentations-and-webcasts/. Subsequently, a replay of both events will be available on this same website.