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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.
Agenus (NASDAQ: AGEN) announced its virtual Annual Shareholders Meeting to be held on June 15, 2021, at 5:00 p.m. ET. Registration will start at 4:45 p.m. ET, and shareholders can participate by visiting the provided link and entering their control number. Guests can listen in without a number. A live webcast will be available on the company's website. Agenus focuses on developing immuno-oncology therapies aimed at enhancing the immune response against cancer. For more information, stakeholders can visit the company's website.
Agenus (NASDAQ: AGEN) presented data at ASCO 2021, highlighting balstilimab's efficacy as an anti-PD-1 antibody and AGEN2373's favorable safety profile in a Phase 1 trial. Balstilimab demonstrated a 20% response rate in PD-L1 positive tumors and an overall 15% response rate in recurrent cervical cancer. AGEN2373 showed no liver toxicity in patients treated, reporting stable disease in 5 of 22 patients. The company submitted a Biologics License Application for balstilimab on April 19, 2021, aiming for broader therapeutic applications.
Agenus (NASDAQ: AGEN) will have its President and COO, Jennifer Buell, PhD, participating in a fireside chat at the Jefferies 2021 Virtual Healthcare Conference. This event is scheduled for June 4, 2021, from 10:30 a.m. to 10:55 a.m. ET. Interested attendees can register in advance for the webinar. A replay of the session will be made available on the Agenus Events & Presentations page following the call. Agenus is focused on immuno-oncology, developing therapies to enhance the immune response against cancer.
Agenus (NASDAQ: AGEN) announced promising data for its anti-PD-1 antibody, balstilimab, showcasing a 20% response rate in PD-L1 positive tumors and 15% overall response rate during a Phase 2 trial for recurrent/metastatic cervical cancer. The FDA accepted a Biologics License Application for balstilimab on April 19. Additionally, new Phase 1 data for AGEN2373, a CD137 agonist antibody, revealed no dose-limiting toxicities and stable disease in five patients out of 19 treated. Both findings will be presented at the ASCO Annual Meeting from June 4-8, 2021.
Agenus (NASDAQ: AGEN) announced a conference call on May 18, 2021, at 8:30 a.m. ET to discuss a global licensing agreement with Bristol Myers Squibb. This agreement marks a significant milestone for Agenus, which focuses on immuno-oncology, developing therapies to activate the immune response against cancer. Interested parties can join the call via dial-in numbers or through the live webcast accessible on the company's website. Agenus aims to enhance patient outcomes in cancer treatment through its diverse therapeutic pipeline.
Agenus has entered into a definitive licensing agreement with Bristol-Myers Squibb granting the latter a global exclusive license to AGEN1777, a bispecific antibody in late preclinical development targeting TIGIT and another undisclosed receptor. Agenus will receive a $200 million upfront payment and up to $1.36 billion in milestone payments, along with tiered royalties on sales. Bristol-Myers Squibb will lead the development and commercialization of AGEN1777, which aims to improve anti-tumor activity in non-small cell lung cancer and other high-priority tumors.
Bristol-Myers Squibb (BMY) has secured a global exclusive license for Agenus' bispecific antibody AGEN1777, targeting TIGIT. The deal entails a $200 million upfront payment and additional potential milestones totaling up to $1.36 billion, plus royalties on sales. AGEN1777, designed to enhance anti-tumor activities, is currently in late preclinical development, with an IND application expected in Q2 2021. Bristol-Myers Squibb aims to advance AGEN1777 for high-priority tumor indications like non-small cell lung cancer, highlighting its commitment to immuno-oncology.
Agenus Inc. (NASDAQ: AGEN) submitted a Biologics License Application (BLA) to the FDA for balstilimab aimed at treating recurrent/metastatic cervical cancer. The submission is based on promising clinical data showing response rates of 20% for PD-L1 positive tumors and 15% for all tumors. Additionally, data for balstilimab and AGEN2373 will be showcased at the upcoming ASCO meeting. The company also initiated a Phase 1 trial for iNKT cell therapy targeting cancer and ARDS related to COVID-19. Financially, Agenus reported a net loss of $54 million for Q1 2021.
Agenus (NASDAQ: AGEN) announced two presentations at the 2021 ASCO Annual Meeting, scheduled for June 4-8, 2021. The presentations include:
- Balstilimab: A PD-1 inhibitor with a differentiated activity profile (Abstract #5529, Gynecologic Cancer).
- AGEN2373: A first-in-human Phase I study of a CD137 agonist antibody in advanced solid tumors (Abstract #2634, Developmental Therapeutics - Immunotherapy).
Full abstracts will be released on May 19. Balstilimab is under FDA review for treating recurrent/metastatic cervical cancer.
Agenus (NASDAQ: AGEN) will release its first quarter 2021 financial results on May 6, 2021, before the market opens. A conference call and webcast will take place at 8:30 a.m. ET to discuss the results along with a corporate update. The company specializes in immuno-oncology with a focus on therapies that utilize the body's immune system to combat cancer. Agenus is headquartered in Lexington, MA, and emphasizes a diverse pipeline of treatments including checkpoint antibodies, cell therapies, and cancer vaccines.
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