IGM Biosciences

IGM Biosciences logo
🇺🇸United States
Ownership
Public
Established
2010-01-01
Employees
224
Market Cap
$606.8M
Website
http://www.igmbio.com
Introduction

IGM Biosciences, Inc. operates as a biotechnology company, which develops antibodies for the treatment of cancer. It offers the IgM platform to expand upon the inherent properties of IgM antibodies and to allow for the rapid development of engineered therapeutic antibodies. The firm’s product pipeline includes IGM-2323, which is a CD20 x CD3 bispecific IgM antibody designed to treat patients with B cell Non-Hodgkin's lymphoma and other B cell malignancies, IGM-8444, which is an IgM antibody targeting Death Receptor 5 for the treatment of patients with solid and hematologic malignancies, and IGM-7354, which will target the delivery of IL-15 with the goal of inducing immune cell stimulation and proliferation. The company was founded in 2010 and is headquartered in Mountain View, CA.

Sanofi-backed Agomab raises $89m to advance fibrotic disease treatments

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finance.yahoo.com
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Global Antibody-Drug Conjugate Market Set for a ~USD 26 Billion Surge by 2030

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biopharmadive.com
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Candid, with $370M, sets out to prove bispecifics' worth in autoimmune disease

Candid Therapeutics, a biotech startup, launched with $370 million to develop T-cell engager drugs for inflammatory diseases, acquiring rights to two cancer drug prospects from Vignette Bio and TRC 2004. CEO Ken Song believes T-cell engagers are a better solution for autoimmune diseases than cell therapy due to lower production costs and easier administration. The company plans to start clinical trials for autoimmune conditions next year.
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