IGMS

IGM Biosciences Inc

Halal Rating :
Comfortable
Last Price $1.76 Last updated:
Market Cap -
7D Change -0.85%
1 Year Change -84.1%

Company Overview

Industries
  • Manufacturing
  • Pharmaceutical Products
  • Pharmaceutical Preparations
Exchange
Next Earnings Date

IGM Biosciences is a clinical-stage biotechnology company focused on creating and developing engineered IgM antibodies for the treatment of cancer patients. The company is developing a proprietary IgM antibody technology platform designed to overcome the manufacturing and protein engineering hurdles that have historically hindered the use of IgM antibodies for therapeutic applications.

The company's lead product candidate is IGM-2323, a bispecific T cell engaging IgM antibody targeting CD20 and CD3 proteins, which is in Phase 1 clinical trials for the treatment of B cell lymphomas. The company is also developing IGM-8444, an IgM antibody targeting Death Receptor 5 (DR5) for the treatment of solid and hematologic malignancies.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $1.25m $52.61m - - 0.00% 0.00%

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