Immunogen Inc. (IMGN) announced Friday morning that Roche has announced positive results from its trastuzumab emtansine EMILIA Phase III trial. Trastuzumab emtansine consists of ImmunoGen's cancer-killing agent, DM1, attached to the HER2-targeting antibody, trastuzumab, and is in global development by Roche under an agreement between ImmunoGen and Genentech.
Immunogen has gapped open sharply higher Friday and is now up 1.76 at $15.50 on above average volume. The stock is now challenging the highs of the year, trading at an 8-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.