Immunomedics Explained

Industry:Biotechnology
Parent:Gilead Sciences
Founder:David M. Goldenberg
Location:Morris Plains, New Jersey

Immunomedics was a biotechnology company focused on the development of antibody-drug conjugates for the treatment of cancer. In 2020, the company was acquired by Gilead Sciences.[1]

History

Immunomedics was founded in July 1982 by David M. Goldenberg.[2]

Michael Pehl was named CEO in December 2017 but left for personal reasons in February 2019.[3] At that time, Dr. Behzad Aghazadeh was named Executive Chairman.[4]

In October 2020, Gilead Sciences acquired the company.[1] In March 2022, Gilead announced the closing of the former Immunomedics facility in Morris Plains. [5]

Products

Notes and References

  1. Gilead Sciences Completes Acquisition of Immunomedics, Inc. . . October 23, 2020.
  2. News: Immunomedics Sale Hinges on Proxy Battle Over Fate of Controversial Founder . Adam . Feuerstein . Adam Feuerstein . . January 25, 2017.
  3. News: Immunomedics CEO Michael Pehl Resigns . Frank . Vinluan . . February 28, 2019.
  4. Web site: Immunomedics Form 8-K . . February 22, 2019.
  5. Web site: Gilead Sciences will lay off 114 staffers based out of former Immunomedics headquarters. 8 March 2022.
  6. FDA Approves New Therapy for Triple Negative Breast Cancer That Has Spread, Not Responded to Other Treatments . . April 22, 2020.
  7. News: Immunomedics, Seattle Genetics Scrap License Deal . ARMIE MARGARET . LEE . . May 5, 2017.
  8. The humanized anti-HLA-DR moAb, IMMU-114, depletes APCs and reduces alloreactive T cells: implications for preventing GVHD . X . Chen . C-H . Chang . R . Stein . D M . Goldenberg . . October 24, 2011. 47 . 7 . 967–980 . 10.1038/bmt.2011.203 . 22020022 . 8988947 . free .