Name | Value |
---|---|
Revenues | 0.5M |
Cost of Revenue | 2.2M |
Gross Profit | -1.7M |
Operating Expense | 54.4M |
Operating I/L | -53.9M |
Other Income/Expense | 4.0M |
Interest Income | 4.0M |
Pretax | -49.8M |
Income Tax Expense | -2.2M |
Net Income/Loss | -49.8M |
IGM Biosciences, Inc. is a biotechnology company specializing in the development of Immunoglobulin M (IgM) antibodies for the treatment of cancer, infectious diseases, and autoimmune and inflammatory diseases. The company's lead product candidate, IGM-2323, is a bispecific IgM antibody in Phase 2 clinical trials for relapsed/refractory B cell Non-Hodgkin's lymphoma. Additionally, it is developing several other IgM antibodies targeting various cancers and hematologic malignancies. IGM Biosciences has a collaboration and license agreement with Genzyme Corporation for the generation, development, manufacture, and commercialization of IgM antibodies.