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Agenus Inc. - AGEN STOCK NEWS

Welcome to our dedicated page for Agenus news (Ticker: AGEN), a resource for investors and traders seeking the latest updates and insights on Agenus stock.

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 Inc. (NASDAQ: AGEN) announced Dr. Jennifer Buell, President and COO, will participate in a fireside chat at the Evercore ISI 3rd Annual HealthCONx Conference on December 3, 2020, from 10:55 AM to 11:15 AM EST. Dr. Buell is set to provide updates on clinical programs, specifically AGEN1181, and the company's overall progress. Interested individuals can register for the webinar in advance. A replay will be available post-event on the Agenus website's Events & Presentations page.

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Agenus Inc. (NASDAQ: AGEN), an immuno-oncology firm, announced Dr. Jennifer Buell's participation in a fireside chat at the Jefferies 2020 Virtual London Healthcare Conference on November 17, 2020, from 4:25 PM - 4:55 PM GMT. This event will highlight the company’s innovative pipeline of immune therapies, including checkpoint antibodies and vaccines aimed at enhancing immune responses against cancer. Interested parties can register for the webinar and access a replay on the Agenus website.

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Agenus Inc. (NASDAQ: AGEN) announced a webcast on November 16, 2020, featuring Dr. Steven O’Day and other key figures discussing AGEN1181 and its Ph1 trial results. Dr. O’Day will review initial responses in patients with microsatellite stable disease and implications of Treg depletion. Dr. Jennifer Buell and Dr. Dhan Chand will outline next steps for AGEN1181 and share insights on its other drug programs, including AGEN2373 and AgenT-797. Registration is available online, and a replay will be accessible on the Agenus website post-event.

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Agenus Inc. (NASDAQ: AGEN) announced participation in the Virtual SITC 2020 Immuno-Oncology Event hosted by B. Riley on November 12, 2020. Key executives, including Dr. Steven O'Day and Dr. Jennifer Buell, will lead discussions on Next-Gen Checkpoint Inhibitors and Cell Therapy 2.0. The event includes two panels: The first from 1:00 PM to 2:00 PM ET, and the second from 2:00 PM to 3:00 PM ET. Interested parties can access replays via provided conference IDs.

Agenus focuses on immuno-oncology therapies designed to activate immune responses against cancer.

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Agenus Inc. announced a triggered $10M milestone payment from Merck, following the advancement of the ILT4 antibody, MK-4830, into a Phase 2 clinical trial. This novel checkpoint antibody aims to target immune-suppressive cells in tumors. The company is eligible for an additional $85 million in milestones and royalties from sales. Merck is currently evaluating MK-4830 in combination with KEYTRUDA® for treating advanced non-small cell lung cancer. Agenus retains a significant portion of milestones and royalties due to its agreements.

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Agenus Inc. (NASDAQ: AGEN) presented seven novel clinical programs at the SITC 2020 Annual Meeting. Key highlights include AGEN1181, showing clinical responses in hard-to-treat tumors and the first report of intratumoral Treg depletion. AGEN1777 offers improved immune performance as an Fc-enhanced TIGIT antibody. AGEN2373 demonstrates clinical benefit without liver toxicity. The proprietary VISION platform predicts treatment responses with high accuracy. Overall, these findings support Agenus's commitment to advancing immuno-oncology therapies.

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Agenus Inc. has appointed Dr. Steven O'Day as its new Chief Medical Officer, enhancing its leadership as the company advances its pipeline of immuno-oncology therapies. Dr. O'Day brings over 30 years of experience and has been pivotal in the development of checkpoint antibody treatments. His expertise will support Agenus in rapidly developing clinical trials for their lead candidates. Dr. O'Day is set to present data on AGEN1181, a next-generation anti-CTLA-4 molecule, at an upcoming conference. This strategic appointment aims to accelerate innovative cancer treatments.

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Agenus Inc. (NASDAQ: AGEN) has initiated the dosing of its first patient with agenT-797, an allogeneic iNKT cell therapy targeting moderate to severe COVID-19. This innovative therapy aims to eliminate the SARS-CoV-2 virus while curbing excessive inflammation. Additionally, the FDA has approved agenT-797 for cancer treatment, and trials for cancer patients are expected to begin soon. Agenus emphasizes its unique combination of therapies and cost-effectiveness in addressing critical health issues.

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Agenus Inc. (NASDAQ: AGEN) provided a corporate update alongside its Q3 2020 financial results. The company initiated its rolling BLA filing for Balstilimab, with FDA review in progress. Recent clinical trials show Balstilimab achieving a 19% response rate in PD-L1 positive tumors and a combination with zalifrelimab yielding 27%. The cash balance rose to $114 million, while Q3 net loss was $52 million, a slight increase from $46 million in Q3 2019. Revenues totaled $14.8 million, down from $19.9 million in the prior year. New data on AGEN1181 will be presented at the upcoming SITC meeting.

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Agenus Inc. (NASDAQ: AGEN) will announce its Q3 2020 financial results before the market opens on October 29, 2020. A conference call and webcast will follow at 8:30 AM ET for a discussion of the results and corporate update. Agenus specializes in immuno-oncology with an extensive pipeline including checkpoint antibodies, cell therapies, and vaccines aimed at enhancing immune responses to cancer and infections. The call will be accessible via the company’s website.

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FAQ

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

The current stock price of Agenus (AGEN) is $6.08 as of September 16, 2024.

What is the market cap of Agenus (AGEN)?

The market cap of Agenus (AGEN) is approximately 130.9M.

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

130.94M
21.57M
1.23%
41.65%
10.32%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
LEXINGTON