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Agenus Inc. - AGEN STOCK NEWS

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Agenus Inc. (NASDAQ: AGEN) is a pioneering clinical-stage immuno-oncology company headquartered in Lexington, Massachusetts. Agenus is steadfast in its mission to develop innovative immunological therapies aimed at leveraging the body's immune system to combat cancer and other diseases. The company’s diverse product pipeline includes immune-modulatory antibodies, adoptive cell therapies through its subsidiary MiNK Therapeutics Inc., and vaccine adjuvants through its subsidiary SaponiQx Inc. These products are bolstered by in-house capabilities such as current good manufacturing practice (cGMP) manufacturing and a clinical operations platform.

Agenus has developed several key product candidates, including botensilimab (AGEN1811), a next-generation Fc-engineered CTLA-4 antibody, and balstilimab, a PD-1 antibody. They are currently under investigation for their potential to treat various cancers, particularly difficult-to-treat solid tumors.

The company has achieved significant milestones, including the initiation of various clinical trials for botensilimab and balstilimab. Notably, in April 2024, Agenus announced a one-for-twenty reverse stock split of its issued and outstanding common stock to increase its stock price and meet Nasdaq Capital Market listing requirements. This move is part of a strategic plan to enhance future financing and qualify for inclusion in the Russell Indices.

In its ongoing pursuit of innovative cancer treatments, Agenus recently announced Phase 1 trial results demonstrating encouraging survival rates in patients with metastatic colorectal cancer. The Phase 2 data is expected to be submitted to a major medical conference in the latter half of 2024.

Agenus also engages in strategic partnerships to accelerate its development programs. For instance, a recent agreement with Ligand Pharmaceuticals secures a $100 million capital infusion, specifically aimed at supporting the clinical development and launch readiness of the BOT/BAL combination therapy.

The team at Agenus comprises scientists, researchers, biotechnologists, physicians, and business professionals united by the shared goal of achieving breakthroughs in cancer treatment. This collaborative spirit ensures that Agenus remains at the forefront of transformative cancer therapies, aiming to enhance patient outcomes and extend lives.

For more information, visit www.agenusbio.com or follow @agenus_bio on social media.

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Agenus (NASDAQ: AGEN), a clinical-stage immuno-oncology company, recently announced participation in two upcoming conferences. Jennifer Buell, PhD, President and COO, will present at the H.C. Wainwright 23rd Annual Global Investment Conference on-demand starting September 13, 2021. Additionally, she will speak at the Baird 2021 Global Healthcare Conference on September 15, 2021, from 4:20 p.m. to 4:50 p.m. ET. A webcast replay for the Baird conference will be available on the company's website. Agenus focuses on therapies that utilize the body’s immune system to combat cancer.

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Agenus Inc. announced promising results from its Phase 2 study of balstilimab for recurrent/metastatic cervical cancer, published in Gynecologic Oncology. The study reported a 20% objective response rate among PD-L1 positive tumors, with a median follow-up of 14.6 months. Notably, responses were also seen in PD-L1 negative patients, highlighting balstilimab's potential efficacy across tumor histologies. The safety profile was manageable, and the company is preparing for further data presentation at the ESMO Congress 2021. Agenus aims to leverage these results as it seeks FDA approval for balstilimab.

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Agenus Inc. (NASDAQ: AGEN) announces significant developments in its clinical pipeline, including a $200 million collaboration with Bristol Myers Squibb (BMS) for the anti-TIGIT bispecific antibody, AGEN1777. The FDA has cleared the IND for AGEN1777's clinical enrollment, with Phase 1 dosing starting soon. AGEN1181 is showing promising clinical results and is set for registrational trials by year-end 2021. Furthermore, the FDA accepted the balstilimab BLA for Priority Review, with a PDUFA date of December 16, 2021. The company reported a net loss of $84 million for Q2 2021.

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Agenus (NASDAQ: AGEN), an immuno-oncology company, announced that Jennifer Buell, PhD, its President and COO, will participate in a fireside chat at the BTIG Biotechnology Conference 2021 on August 9, 2021, from 3:00 p.m. to 3:25 p.m. ET. The event is exclusively for BTIG clients. Agenus focuses on developing therapies that engage the immune system to combat cancer through a comprehensive pipeline including checkpoint antibodies and vaccines. For more information, visit www.agenusbio.com.

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MiNK Therapeutics has submitted a draft registration statement on Form S-1 to the SEC for a proposed initial public offering (IPO) of its common stock. The share count and pricing details will be determined later, with the IPO expected to occur post-SEC review and contingent on market conditions. MiNK operates as a subsidiary of Agenus (NASDAQ: AGEN). This announcement follows compliance with Rule 135 under the Securities Act of 1933, clarifying that it does not represent an offer to sell or buy securities.

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Agenus (NASDAQ: AGEN) will announce its Q2 2021 financial results on August 9, 2021, before market open. A conference call is scheduled for the same day at 8:30 a.m. ET to discuss the results and provide a corporate update. The call can be accessed via U.S. and international dial-in numbers, and a live webcast will be available on Agenus' website. Agenus specializes in immuno-oncology, focusing on therapies that engage the immune system to combat cancer.

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Agenus (NASDAQ: AGEN) announced that Dr. Steven O'Day, Chief Medical Officer, will participate in a panel at the William Blair Biotech Focus Conference 2021 on July 14, 2021. The panel discussion is titled “Novel Mechanisms and Strategies for Addressing PD-(L)1 Refractory/Resistant Tumors” and will occur from 4:20 p.m. to 5:20 p.m. ET. The event will be webcast live on the Company's website, highlighting Agenus' commitment to advancing immuno-oncology therapies.

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Agenus Inc. (NASDAQ: AGEN) announced a global exclusive license with Bristol Myers Squibb for its bispecific antibody program, AGEN1777, and received FDA clearance for an Investigational New Drug application. AGEN1777 targets inhibitory receptors on T and NK cells to enhance anti-tumor activity. The agreement includes a $200 million upfront payment and potential milestones totaling up to $1.36 billion. Phase 1 trials are set to begin in Q3 2021, focusing on safety and preliminary activity in patients with advanced solid tumors.

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Agenus, a clinical-stage immuno-oncology company, will have its President and COO, Jennifer Buell, PhD, present at the Raymond James 2021 Human Health Innovation Conference on June 22, 2021, from 8:40 a.m. to 9:10 a.m. ET. The presentation will focus on the company's extensive pipeline, which includes checkpoint antibodies, cell therapies, and vaccines to activate immune responses against cancer and infections. The session will be available via a live webcast on their website.

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Agenus Inc. (NASDAQ: AGEN) announced that the FDA accepted its Biologics License Application for balstilimab, an anti-PD-1 antibody aimed at treating recurrent or metastatic cervical cancer post-chemotherapy. The FDA granted Priority Review for this drug, indicating potential for significant treatment improvement. A target action date is set for December 16, 2021. Cervical cancer remains a major health issue, with an estimated 14,000 diagnoses and 4,000 deaths in the U.S. annually. The drug, currently in Phase 2 trials, could provide new options for patients facing limited treatment alternatives.

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FAQ

What is the current stock price of Agenus (AGEN)?

The current stock price of Agenus (AGEN) is $2.72 as of November 15, 2024.

What is the market cap of Agenus (AGEN)?

The market cap of Agenus (AGEN) is approximately 57.3M.

What does Agenus Inc. specialize in?

Agenus Inc. specializes in discovering and developing novel immunological therapies to treat cancer and infectious diseases.

Where is Agenus Inc. headquartered?

Agenus Inc. is headquartered in Lexington, Massachusetts, USA.

What are the key products of Agenus Inc.?

Key products include botensilimab (AGEN1811) and balstilimab, which are immune-modulatory antibodies aimed at treating various cancers.

What recent strategic financial move did Agenus make?

Agenus recently executed a one-for-twenty reverse stock split to raise its share price and qualify for Nasdaq Capital Market listing and the Russell Indices.

What significant agreement did Agenus secure recently?

Agenus secured a $100 million royalty financing agreement with Ligand Pharmaceuticals to support the clinical development of BOT/BAL.

What are some recent clinical trial achievements of Agenus?

Agenus announced promising Phase 1 trial results for BOT/BAL in metastatic colorectal cancer, with Phase 2 data expected to be presented later in 2024.

What is the focus of Agenus' product candidates?

Agenus' product candidates focus on educating and activating the body's immune system to attack cancer precisely and effectively.

Who are part of the Agenus team?

The Agenus team includes scientists, researchers, biotechnologists, physicians, and business professionals working collaboratively to innovate cancer treatments.

How does Agenus support its product development?

Agenus supports its product development with in-house capabilities such as cGMP manufacturing and a clinical operations platform.

Where can investors find more information about Agenus?

Investors can find more information on the Agenus website at www.agenusbio.com or by following @agenus_bio on social media.

Agenus Inc.

Nasdaq:AGEN

AGEN Rankings

AGEN Stock Data

57.27M
21.57M
1.33%
41.73%
14.51%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
LEXINGTON