Agenus Stock Price, News & Analysis

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.

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.