Form 10-K (Part IV)
Item 15. Exhibits, Financial Statement Schedules.
(a) Financial Statements
- See "Index to Consolidated Financial Statements" at Item 8 of this Annual Report on Form 10-K. Schedules not included herein are omitted because they are not applicable o r the required information appears in the Consolidated Financial Statements or Notes thereto.
- The following schedule is filed as part of this Form 10-K: Schedule II—Valuation and Qualifying Accounts for the years ended June 30, 2006, 2005 and 2004.
- See Exhibit Index
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ImmunoGen, INC.
Dated: August 28, 2006
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant in the capacities and on the dates indicated.
Signature Title Date /s/ MITCHEL S AYARE Chairman of the Board of Directors, Chief Executive Officer and President (Principal Executive Officer) August 28, 2006 /s/ WALTER
A. BLÄTTLER Executive Vice President, Science and Technology, and Director August 28, 2006 /s/ DANIEL M. JUNIUS Executive Vice President and Chief Financial Officer (Principal Financial Officer) August 28, 2006 /s/ DAVID W. CARTER Director August 28, 2006 /s/ STUART F. FEINER Director August 28, 2006 /s/ NICOLE ONETTO, M.D. Director August 28, 2006 /s/ MARK SKALETSKY Director August 28, 2006 /s/ JOSEPH VILLAFRANCA Director August 28, 2006
Mitchel Sayare
Walter A. Blättler
Daniel M. Junius
David W. Carter
Stuart F. Feiner
Nicole Onetto
Mark Skaletsky
Joseph Villafranca
Exhibit No. Description (3.1) Restated Articles of Organization(1) (3.2) Articles of Amendment to Restated Articles of Organization(16) (3.3) By-Laws, as amended(2) (4.1) Article 4 of the Restated Articles of Organization as amended (See Exhibits 3.1 and 3.2)(1) (4.2) Form of Common Stock Certificate(6) (10.1) Research and License Agreement dated as of May 22, 1981 by and between the Registrant and Sidney Farber Cancer Institute, Inc. (now Dana-Farber Cancer Institute, Inc.) with
addenda dated as of August 13, 1987 and August 22, 1989(4) (10.2) Amended and Restated Registration Rights Agreement dated as of December 23, 1988 by
and among the Registrant and various beneficial owners of the Registrant's securities(4) (10.3)x Restated Stock Option Plan(21) (10.3.1)x Form of Incentive Stock Option Agreement(21) (10.3.2)x Form of Non-Qualified Stock Option Agreement(21) (10.4)x Letter Agreement
Regarding Employment dated as of October 1, 1987 between the Registrant
and Dr. Walter A. Bälttler(4) (10.5) Lease dated May 15, 1997 by and between Harry F. Stimpson, III, as trustees, lessor, and the
Registrant, lessee(3) (10.6) Leases dated as of December 1, 1986 and June 21, 1988 by and between James H. Mitchell,
Trustee of New Providence Realty Trust, lessor, and Charles River Biotechnical
Services, Inc. ("Lessee") together with Assignment of Leases dated June 29, 1989 between
Lessee and the Registrant(6) (10.7) First Amendment, dated as of May 9, 1991, to Lease dated as of June 21, 1988 by and between James A. Mitchell, Trustee of New Providence Realty Trust, lessor, and the
Registrant(7) (10.8) Confirmatory Second Amendment to Lease dated June 21, 1988 by and between James A. Mitchell, Trustee of New Providence Realty Trust, lessor, and the
Registrant, Lessee(3) (10.9)x Letter Agreement Regarding Compensation of Mitchel Sayare, dated April 29, 1994(8) (10.10) Lease dated as of December 23, 1992 by and between Massachusetts Institute of Technology,
lessor, and the Registrant, lessee(5) (10.11) Option Agreement dated April 5, 1990 by and between the Registrant and Takeda Chemical
Industries, Ltd.(9) (10.12) Amendment to Lease dated August 31, 1995 between Massachusetts Institute of Technology,
as lessor, and the Registrant, as lessee(10) (10.13) Letter Agreement dated as of June 6, 1996 by and among the Registrant and Capital Ventures International regarding an amendment to their agreement dated
March 15, 1996(11) (10.14) Registration Agreement dated July 31, 1997 between Apoptosis Technology, Inc. and
the Registrant(3) (10.15) License Agreement
dated effective June 1, 1998 by and between the Registrant and Pharmacia & Upjohn
AB*(3) (10.16) License Agreement dated February 1, 1999 be tween the Registrant and SmithKline
Beecham Corporation*(12) (10.17) Stock Purchase Agreement dated February 1, 1999 between the Registrant and
SmithKline Beecham plc*(12) (10.18) License Agreement dated effective May 2, 2000 by and between the Registrant and
Genentech, Inc.*(13) (10.19) Heads of Agreement dated effective May 2, 2000 by and between the Registrant and
Genentech, Inc.*(13) (10.20) Development, Commercialization and License Agreement dated effective May 4, 2000 by
and between the Registrant and British Biotech Pharmaceuticals Limited*(13) (10.21) Collaboration and License Agreement dated as of September 29, 2000 by and between the
Company and MorphoSys AG*(14) (10.22) Option and License Agreement dated September 5, 2000 by and between Abgenix, Inc. and
the Company*(15) (10.23) Letter Agreement for Stock Purchase dated September 6, 2000 by and between Abgenix, Inc.
and the Company*(15) (10.24) Agreement between ImmunoGen, Inc. and Millennium Pharmaceuticals, Inc., dated
March 30, 2001*(16) (10.25) Agreement between ImmunoGen, Inc. and Raven Biotechnologies, Inc., dated
March 28, 2001*(16) (10.26) Development and License Agreement dated effective November 27, 2001 by and between the Registrant and Boehringer Ingelheim International GmbH*(18) (10.28) Termination of the Developmental, Commercialization and License Agreement made
between Vernalis (R&D) Limited, dated January 2004*(19) (10.29) Biopharmaceutical Development and Services Agreement dated April 16, 2004 by and
between Laureate Pharma, L.P. and the Company*(20) (10.30)x Letter Agreement Regarding Employment dated as of April 18, 2005 between the Registrant
and Mr. Daniel M. Junius(25) (10.31) Process Development Agreement between the Registrant and Genentech, Inc., dated as of May 3, 2006* (10.32) Amendment to License Agreement for Anti-HER2 Antibodies between the Registrant and
Genentech, dated as of May 3, 2006* (10.33)x 2004 Non-Employee Director Compensation and Deferred Share Unit Plan(20) (10.34)x Separation Agreement with Virginia A. Lavery, dated October 22, 2004(22) (10.35)x Offer Letter issued to Christopher U. Missling, Ph.D., dated September 27, 2004(22) (10.36) Sublease Agreement by and between the Registrant and Alkermes, Inc., dated as of September 15, 2004(22) (10.37) Development and License Agreement by and between the Registrant and Biogen Idec, Inc., dated October 1, 2004(23) (10.38) Development and License Agreement by and between the Regis trant and Centocor, Inc., dated December 23, 2004(23) (10.39)x Separation Agreement with Christopher Missling, Ph.D., dated January 5, 2005(24) (21) Subsidiaries of the Registrant (23) Consent of Ernst & Young LLP (31.1) Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith (31.2) Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith (32) Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (1) Previously filed with the Commission as Exhibits to, and incorporated then herein by reference from, the Registrant's Registration Statement on Form S-1, File No. 33-38883. (2) Previously filed with the Commission as Exhibit 3.1, and incorporated herein by reference from, the Registrant's current report on Form 8-K, filed on November 4, 2005. (3) Previously filed with the Commission as an exhibit to, and incorporated herein by reference from, the Registrant's annual report on Form 10-K for the year ended June 30, 1997. (4) Previously filed with the Commission as Exhibits to, and incorporated herein by reference from, the Registrant's Registration Statement on Form S-1, File No. 33-31219. (5) Previously filed with the Commission as Exhibits to, and incorporated herein by reference from, the Registrant's quarterly report on Form 10-Q for the quarter ended December 31, 1992. (6) Previously filed with the Commission as Exhibit No. 10.10 to, and incorporated herein by reference from, the Registrant's Registration Statement on Form S-1, File No. 33-31219. (7) Previously filed with the Commission as Exhibit No. 10.10a to, and incorporated herein by reference from, the Registrant's Registration Statement on Form S-1, File No. 33-43725, as amended. (8) Previously filed with the Commission as Exhibits to, and incorporated herein by reference from the Registrant's annual report on Form 10-K for the year ended June 30, 1994. (9) Previously filed with the Commission as Exhibit No. 10.15 to, and incorporated herein by reference from, the Registrant's Registration Statement on Form S-1, File No. 33-38883. (10) Previously filed as Exhibit 10.26 to the Registrant's Annual Report on Form 10-K for the fiscal year ended June 30, 1995, and incorporated herein by reference. (11) Previously filed as Exhibit 10.29 to the Registrant's Current Report on Form 8-K for the June 6, 1996 event, and incorporated herein by reference. (12) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's quarterly report on Form 10-Q for the quarter ended December 31, 1998. (13) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's annual report on Form 10-K for the fiscal year ended June 30, 2000. (14) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's current report on Form 8-K filed October 10, 2000. (15) Previously filed as an exhibit to, and incorpo rated herein by reference from, the Registrant's current report on Form 8-K/A filed October 10, 2000. (16) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2001. (17) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's Registration Statement on Form S-8, File No. 33-75372 (18) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's quarterly report, as amended on Form 10-Q/A for the fiscal quarter ended December 31, 2001. (19) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2004. (20) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's annual report on Form 10-K for the fiscal year ended June 30, 2004, and incorporated herein by reference. (21) Previously filed as an exhibit to the Registrant's current report on Form 8-K filed on February 7, 2006. (22) Previously filed as an exhibit to, and incorporated herein by reference from the Registrant's quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2004. (23) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's quarterly report on Form 10-Q for the fiscal quarter ended December 31, 2004. (24) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's quarterly report , as filed with the 10-Q for the quarter ended March 30, 2005. (25) Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's annual report on Form 10-K for the fiscal year ended June 30, 2005, and incorporated herein by reference. (x) Exhibit is a management contract or compensatory plan, contract or arrangement required to be filed
as an exhibit to Form 10-K. (*) The Registrant has filed a confidential treatment request with the Commission with respect to this document.
__________
___________________________________________________________________________________
___________
ImmunoGen, INC.
SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS
(In thousands)
|
COLUMN B
|
|
COLUMN C - ADDITIONS
|
|
COLUMN D
|
|
COLUMN E
|
|
||||||||
Inventory
Write-downs
|
|
Balance At Beginning of Period
|
|
Charged to Costs and Expenses
|
|
Charged to Other Accounts
|
|
Use of Zero Value Inventory
|
|
Balance at End of Period
|
|
|||||
Year End
|
|
$
|
3,686
|
|
|
153
|
|
|
-
|
|
|
(917
|
)
|
$
|
2,922
|
|
Year End
|
|
$
|
1,684
|
|
|
2,312
|
|
|
-
|
|
|
(310
|
)
|
$
|
3,686
|
|
Year End
|
|
$
|
1,197
|
|
|
777
|
|
|
-
|
|
|
(290
|
)
|
$
|
1,684
|
|
EXHIBIT 21
SUBSIDIARIES
ImmunoGen Securities Corp., a Massachusetts corporation
ImmunoGen Europe Limited, a United Kingdom corporation
EXHIBIT 23
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in the Registration Statements (Form S-3 Nos. 333-02441, 333-07661, 333-15819, 333-22 153, 333-31795, 333-48042, 333-48385, 333-57234 and 333-100123 and Form S-8 Nos. 333-122553, 3 33-41534, 333-73544, 333-47543, 333-53292, 333-75372 and 333-75374) of ImmunoGen, Inc. and in the related Prospectuses of our reports dated August 24, 2006, with respect to the consolidated financial statements and schedule of ImmunoGen, Inc., ImmunoGen, Inc. management's assessment of the effectiveness of internal control over financial reporting, and the effectiveness of internal control over financial reporting of ImmunoGen, Inc., included in the Annual Report (Form 10-K) for the year ended June 30, 2006.
/s/ ERNST & YOUNG LLP
Boston, Massachusetts
August 24, 2006
EXHIBIT 31.1
CERTIFICATIONS
I, Mitchel Sayare, certify that:
Date: August 28, 2006
EXHIBIT 31.2
CERTIFICATIONS
I, Daniel M. Junius, certify that:
Date: August 28, 2006
EXHIBIT 32
Certification
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
(Subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code)
Pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code), each of the undersigned officers of ImmunoGen, Inc., a Massachusetts corporation (the "Company"), does hereby certify, to such officer's knowledge, that:
The Annual Report for the year ended June 30, 2006 (the "Form 10-K") of the Company fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and the information contained in the Form 10-K fairly presents, in all material respects, the financial condition and results of operations of the Company.
Dated: August 28, 2006
Dated: August 28, 2006