Immunomedics
Immunomedics, Inc. was an American biotechnology company focused on cancer therapies, particularly antibody-drug conjugates (ADCs). Based in Morris Plains, New Jersey, the company was founded in 1982 and developed proprietary ADC platforms that attach cytotoxic agents to antibodies targeting tumor-associated antigens, such as Trop-2.
The firm’s lead product candidate was sacituzumab govitecan (formerly IMMU-132), an ADC targeting Trop-2 and linked
In 2020, Gilead Sciences announced an agreement to acquire Immunomedics for approximately $21 billion, and the
The acquisition illustrated growing investor interest in antibody-drug conjugate technology and Trop-2–targeted therapies. Immunomedics’ work contributed