IGM Biosciences Overview

  • Year Founded
  • 1993

Year Founded

  • Status
  • Public

  • Employees
  • 198

Employees

  • Stock Symbol
  • IGMS

Stock Symbol

  • Share Price
  • $9.90
  • (As of Wednesday Closing)

IGM Biosciences General Information

Description

IGM Biosciences Inc is a biotechnology company engaged in the development of IgM antibody therapeutics for the treatment of cancer, infectious diseases, and autoimmune and inflammatory diseases. Its IgM antibody technology platform is suited for developing T cell engagers, receptor cross-linking agonists, and targeted cytokines. Its product candidate, Aplitabart: An IgM antibody targeting Death Receptor 5 (DR5) proteins, for the treatment of colorectal cancer; Imvotamab: A bispecific for severe systemic lupus erythematosus (SLE) and one for severe rheumatoid arthritis (RA); and IGM-2644: A bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins, currently planned for evaluation in autoimmune disease.

Contact Information

Website
www.igmbio.com
Formerly Known As
Palingen, Inc.
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 325 East Middlefield Road
  • Mountain View, CA 94043
  • United States
+1 (650)
Primary Industry
Biotechnology
Other Industries
Drug Discovery
Pharmaceuticals
Stock Exchange
NAS
Vertical(s)
Life Sciences, Oncology
Corporate Office
  • 325 East Middlefield Road
  • Mountain View, CA 94043
  • United States
+1 (650)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

IGM Biosciences Stock Performance

As of 04-Dec-2024, IGM Biosciences’s stock price is $9.90. Its current market cap is $589M with 59.3M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$9.90 $10.55 $5.58 - $22.50 $589M 59.3M 312K -$3.61

IGM Biosciences Financials Summary

As of 30-Sep-2024, IGM Biosciences has a trailing 12-month revenue of $2.92M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 764,123 139,454 287,420 721,970
Revenue 2,918 2,130 1,069 0
EBITDA (225,779) (255,204) (222,062) (160,839)
Net Income (219,843) (246,416) (221,102) (165,164)
Total Assets 304,508 423,411 513,499 298,127
Total Debt 45,857 40,506 41,172 28,759
Public Fundamental Data provided by Morningstar, Inc. disclaimer

IGM Biosciences Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore IGM Biosciences‘s full profile, request access.

Request a free trial

IGM Biosciences Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

This information is available in the PitchBook Platform. To explore IGM Biosciences‘s full profile, request access.

Request a free trial

IGM Biosciences Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
IGM Biosciences Inc is a biotechnology company engaged in the development of IgM antibody therapeutics for the treatment
Biotechnology
Mountain View, CA
198 As of 2024

Boston, MA
 

Worcester, MA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

IGM Biosciences Competitors (70)

One of IGM Biosciences’s 70 competitors is Compass Therapeutics, a Formerly VC-backed company based in Boston, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Compass Therapeutics Formerly VC-backed Boston, MA
Mustang Bio Corporation Worcester, MA
Kite Pharma Formerly VC-backed Santa Monica, CA
Adaptimmune Therapeutics Formerly VC-backed Abingdon, United Kingdom
Instil Bio Formerly VC-backed Dallas, TX
You’re viewing 5 of 70 competitors. Get the full list »

IGM Biosciences Patents

IGM Biosciences Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3240270-A1 Anti-cd38 binding molecules and uses thereof Pending 03-Feb-2022
AU-2023216348-A1 Anti-cd38 binding molecules and uses thereof Pending 03-Feb-2022
FR-3124067-B1 Implantable device comprising external mobilization means for the formation of articular cartilage Active 17-Jun-2021
FR-3124067-A1 Implantable device comprising external mobilization means for the formation of articular cartilage Active 17-Jun-2021
JP-2024521517-A Implantable device comprising external mobilization means for formation of articular cartilage - patent application Pending 17-Jun-2021 A61L27/3654
To view IGM Biosciences’s complete patent history, request access »

IGM Biosciences Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

IGM Biosciences Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore IGM Biosciences‘s full profile, request access.

Request a free trial

IGM Biosciences ESG

Risk Overview

Risk Rating

Updated December, 15, 2022

38.97 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,100

Rank

Percentile

Pharmaceuticals

Industry

of 851

Rank

Percentile

Pharmaceuticals

Subindustry

of 424

Rank

Percentile

To view IGM Biosciences’s complete esg history, request access »

IGM Biosciences FAQs

  • When was IGM Biosciences founded?

    IGM Biosciences was founded in 1993.

  • Where is IGM Biosciences headquartered?

    IGM Biosciences is headquartered in Mountain View, CA.

  • What is the size of IGM Biosciences?

    IGM Biosciences has 198 total employees.

  • What industry is IGM Biosciences in?

    IGM Biosciences’s primary industry is Biotechnology.

  • Is IGM Biosciences a private or public company?

    IGM Biosciences is a Public company.

  • What is IGM Biosciences’s stock symbol?

    The ticker symbol for IGM Biosciences is IGMS.

  • What is the current stock price of IGM Biosciences?

    As of 04-Dec-2024 the stock price of IGM Biosciences is $9.90.

  • What is the current market cap of IGM Biosciences?

    The current market capitalization of IGM Biosciences is $589M.

  • What is IGM Biosciences’s current revenue?

    The trailing twelve month revenue for IGM Biosciences is $2.92M.

  • Who are IGM Biosciences’s competitors?

    Compass Therapeutics, Mustang Bio, Kite Pharma, Adaptimmune Therapeutics, and Instil Bio are some of the 70 competitors of IGM Biosciences.

  • What is IGM Biosciences’s annual earnings per share (EPS)?

    IGM Biosciences’s EPS for 12 months was -$3.61.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »