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Last $2.16 USD
Change Today 0.00 / 0.00%
Volume 785.3K
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

immunomedics inc (IMMU) Snapshot

Open
$2.17
Previous Close
$2.16
Day High
$2.24
Day Low
$2.12
52 Week High
01/30/15 - $5.48
52 Week Low
08/21/15 - $1.69
Market Cap
204.4M
Average Volume 10 Days
894.2K
EPS TTM
$-0.51
Shares Outstanding
94.6M
EX-Date
03/15/02
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for IMMUNOMEDICS INC (IMMU)

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immunomedics inc (IMMU) Details

Immunomedics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune, and other diseases. The company is developing Yttrium-90-labeled clivatuzumab tetraxetan, which is in Phase III registration study used for the treatment of pancreatic cancer. It is also developing antibody-drug conjugate (ADC) products comprising IMMU-132, an ADC that contains SN-38, which is in Phase II trials used for the treatment of patients with metastatic triple-negative breast cancer, and small-cell and non-small-cell lung cancers; IMMU-130, an anti-CEACAM5-SN-38 ADC that is in Phase II trials for the treatment of metastatic colorectal cancer; and epratuzumab, which is in two Phase III clinical trials for the treatment of systemic lupus erythematosus. Its early-stage products include Veltuzumab, a humanized monoclonal antibody targeting CD20 receptors on B lymphocytes for the treatment of non-Hodgkin lymphoma (NHL) and autoimmune diseases; Milatuzumab, a humanized monoclonal antibody targeting tumors that expresses the CD74 antigen, which is in Phase 1 studies; Yttrium-90-Labeled Epratuzumab Tetraxetan, a radiolabeled anti-CD22 investigational product candidate for patients with NHL or acute lymphoblastic leukemia; and IMMU-114, a novel humanized antibody for the treatment of patients with B-cell cancers. The company also provides LeukoScan, a diagnostic imaging product for diagnostic imaging to determine the location and extent of infection/inflammation in bone. In addition, it offers other product candidates for the treatment of solid tumors and hematologic malignancies, as well as other diseases, which are in various stages of clinical and pre-clinical development. The company has a collaboration agreement with Algeta ASA for the development of epratuzumab. Immunomedics, Inc. was founded in 1982 and is headquartered in Morris Plains, New Jersey.

123 Employees
Last Reported Date: 08/19/15
Founded in 1982

immunomedics inc (IMMU) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $618.9K
Founder and Chairman of the Board
Total Annual Compensation: $584.5K
Chief Financial Officer and Vice President of...
Total Annual Compensation: $235.5K
Compensation as of Fiscal Year 2014.

immunomedics inc (IMMU) Key Developments

Immunomedics Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015

Immunomedics Inc. reported consolidated earnings results for the fourth quarter and full year ended June 30, 2015. Total revenues for the fourth quarter of fiscal year 2015, which ended on June 30, 2015, were $2.4 million as compared to total revenues of $1.2 million for the same quarter last fiscal year. The increase of $1.2 million in total revenues this quarter was primarily due to a $1.0 million license fee revenue earned upon reaching a clinical milestone in the company's collaboration agreement, as amended, with Bayer (formerly Algeta ASA). Net loss attributable to the company’s stockholders was $12.4 million, or $0.13 per basic and diluted share, compared with a net loss attributable to the company’s stockholders of $11.8 million, or $0.13 per basic and diluted share for the same quarter in fiscal 2014. The increase in net loss this quarter was primarily due to the increase in research and development expenses and interest expense, partially offset by the decrease in legal and professional fees. Loss before income tax expense was $12,411,362 against $11,866,936 a year ago. Total revenues for fiscal year 2015 were $5.7 million as compared to $9.0 million for fiscal year 2014, representing a decrease of $3.3 million or 37%. The decrease in total revenues this fiscal year primarily resulted from $4.6 million of license fee revenue earned from the Bayer Collaboration Agreement during fiscal 2014, which was partially offset by the Agreement's $1.0 million clinical milestone payment in fiscal year 2015. Net loss attributable to the company’s stockholders for the fiscal year ended June 30, 2015 was $48.0 million, or $0.51 per basic and diluted share, as compared to net loss attributable to the company’s stockholders of $35.4 million, or $0.42 per basic and diluted share, in fiscal year 2014. The increase in net loss of $12.6 million this fiscal year was primarily due to increased research and development costs attributable to clinical trials, increased legal and professional fees, interest expense, and lower license fee revenue from Bayer. Loss before income tax expense was $48,065,742 against $35,523,387 a year ago.

Immunomedics Inc. Appoints Arthur S. Kirsch as Director

Immunomedics Inc. announced the appointment of Arthur S. Kirsch, to its Board of Directors. Mr. Kirsch has over 30 years of experience working in the equity capital markets and has extensive knowledge of the healthcare and life sciences field. He is Chairman of the Board of Pozen Inc. since June 1, 2015, serving as a Director since 2004.

Immunomedics Inc. to Report Q4, 2015 Results on Aug 19, 2015

Immunomedics Inc. announced that they will report Q4, 2015 results on Aug 19, 2015

 

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Price/Sales 35.8x
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TEV/Sales 1.5x
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