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MASS. MOVERS

Cancer drug results boost ImmunoGen

  March 31, 2012

Waltham-based ImmunoGen Inc. moved higher after partner Roche Holding AG said a breast cancer drug delayed the disease worsening in a patient study. ImmunoGen shares have risen 60 percent in the year. Patients who received the medicine, T-DM1, lived “significantly’’ longer without their disease progressing compared with those who received a combination of GlaxoSmithKline PLC’s Tykerb and Roche’s Xeloda, Roche said. Roche is developing T-DM1 with technology it licensed from ImmunoGen. Roche said it plans to apply for regulatory approval in Europe and the United States this year.

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