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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) has appointed Tom Harrison to its Board of Directors, aiming to leverage his extensive expertise in healthcare advertising, branding, and strategic advising to elevate the company's visibility.
Harrison, former Chairman Emeritus of DAS at Omnicom, led the world's largest marketing services group, expanding its client base to over 5,000 and generating annual revenues of over $6 billion. He also co-founded the successful healthcare agency Harrison & Star.
Currently, Harrison is a Senior Operating Partner at Merida Capital Partners and serves on the boards of AFC Gamma and Acurx Pharmaceuticals.
Agenus believes Harrison's background will be instrumental in enhancing their communication strategies, educating stakeholders about their innovative immunotherapy pipeline, and elevating their reputation within the scientific and medical communities.
Agenus Inc. (Nasdaq: AGEN) reported Q2 2024 financial results and provided a corporate update. Key highlights include:
1. Robust Phase 2 data for BOT/BAL in metastatic MSS CRC, showing a 19.4% ORR and 90% 6-month OS rate.
2. Promising results in neoadjuvant CRC with 78% of patients achieving ≥50% tumor reduction.
3. Initiation of global regulatory engagements for BOT/BAL approval pathways.
4. Q2 2024 revenue of $23.5 million and a net loss of $54.8 million.
5. Cash balance of $93.7 million as of June 30, 2024.
Agenus is pursuing partnerships and financing options to support its BOT/BAL program and other pipeline assets.
Agenus Inc. (NASDAQ: AGEN) has published a groundbreaking study in Cancer Discovery on botensilimab, their novel Fc-enhanced anti-CTLA-4 antibody. The study highlights botensilimab's effectiveness against treatment-resistant cancers, including those unresponsive to conventional immunotherapy. Key findings include:
1. Demonstrated activity across multiple cancer types
2. Unique Fc-enhanced design enabling multifunctional immune activation
3. Efficacy independent of typical limitations like tumor neoantigen burden
4. Ability to remodel the tumor microenvironment, transforming 'cold' tumors into 'hot' ones
5. Promising results in nine difficult-to-treat cancers, including microsatellite stable colorectal cancer
This research suggests botensilimab's potential to overcome major challenges in cancer treatment, offering hope to patients with options.
Agenus Inc. (Nasdaq: AGEN), a leading developer of novel immunological agents for cancer treatment, has announced its plans to release second quarter 2024 financial results on Thursday, August 8, 2024, before the market opens. The company will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results and provide a corporate update. Interested parties can register for the conference call, which has the Conference ID: 73242. A live webcast and replay of the call will be available on the company's investor relations website.
Agenus Inc. (NASDAQ: AGEN) announced outcomes from its end-of-Phase 2 meeting with the FDA for its immunotherapy combination, botensilimab (BOT) and balstilimab (BAL), in treating relapsed/refractory microsatellite stable colorectal cancer (r/r MSS CRC). Key points include:
1. Agreement on dosing regimen: 75mg BOT every 6 weeks (up to 4 doses) with 240mg BAL every 2 weeks (up to 2 years).
2. Interim Phase 2 data shows 19.4% ORR and 90% 6-month survival rate for BOT 75mg/BAL combination.
3. FDA advised against Accelerated Approval submission.
4. FDA recommended including a BOT monotherapy arm in Phase 3 study.
5. Agenus plans further FDA discussions as Phase 2 data matures.
6. European regulatory discussions scheduled for Q3 2024.
Agenus Inc. announced promising results from a trial of botensilimab and balstilimab (BOT/BAL) in colon cancer patients at the 2024 ESMO GI Congress. The trial included 20 patients with microsatellite stable (MSS) and microsatellite instability-high (MSI-H) tumors. After treatment, 78% of MSS patients in the NEST-2 cohort showed at least 50% tumor regression, and 56% achieved complete pathologic responses. The study highlighted manageable side effects and no delays in surgeries due to adverse events. The data suggests BOT/BAL therapy could significantly impact neoadjuvant colon cancer treatment, reducing disease recurrence and minimizing invasive procedures.
Agenus announced that the Cancer Therapy Evaluation Program (CTEP) is now accepting Letters of Intent (LOIs) for clinical studies involving botensilimab (BOT), a next-generation anti-CTLA-4 antibody. Researchers can apply to use botensilimab for both clinical and nonclinical studies. The initiative aims to identify new potential clinical applications and enhance the understanding of botensilimab's efficacy.
Botensilimab has demonstrated clinical responses across nine types of metastatic, late-line cancers in approximately 900 patients during phase 1 and phase 2 trials. This antibody boosts both innate and adaptive anti-tumor immune responses and shows potential even in
Agenus, a leader in developing novel immunological agents for cancer treatment, has appointed Dr. Jennifer Buell to its Board of Directors, effective June 11, 2024. Dr. Buell, who is also the President and CEO of MiNK Therapeutics, brings over 27 years of biopharmaceutical industry experience to the board. Her previous roles include pivotal positions at Bristol-Myers Squibb and the Harvard Clinical Research Institute. Dr. Buell aims to guide Agenus’ promising BOT/BAL program towards a Biologics License Application this year while exploring new therapeutic avenues. This appointment is seen as a strategic move to drive the company's next phase of growth.
Agenus published promising clinical trial results in Nature Medicine for a novel immunotherapy combination of botensilimab (BOT) and balstilimab (BAL) targeting microsatellite stable metastatic colorectal cancer (MSS mCRC). MSS mCRC is historically resistant to immunotherapy and affects 95% of colorectal cancer patients. The Phase 1 trial assessed 148 heavily pretreated MSS mCRC patients, showing an Objective Response Rate (ORR) of 22% in 77 patients without active liver metastases, with the majority of responses ongoing. No treatment-related deaths were reported. Updated results as of March 2024 showed an increased ORR of 23%, median Overall Survival (OS) of 21.2 months, and 12-month and 18-month OS rates of 71% and 62%, respectively. A Phase 2 study is completed, and a Phase 3 trial is planned for later this year.
Agenus, a leading immuno-oncology company, has announced its Annual Shareholders Meeting will be held virtually on June 11, 2024, at 10:30 a.m. ET. Registration starts at 10:15 a.m. ET. Shareholders can participate by visiting www.virtualshareholdermeeting.com/AGEN2024 and entering a 16-digit control number from their proxy materials. Guests can listen without a control number. Agenus focuses on cancer immunotherapy using a broad range of antibody therapeutics, adoptive cell therapies, and adjuvants. The company is headquartered in Lexington, MA, and more information can be found at www.agenusbio.com.
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