To: Investor2 who wrote (100) | 2/4/2015 12:26:35 PM | From: Kirk © | | | Agenus to Present at the 17th Annual BIO CEO & Investor Conference
Published on Agenus Bio Investor Center (http://investor.agenusbio.com/) on 2/3/15 11:30 am EST Agenus to Present at the 17th Annual BIO CEO & Investor Conference
Release Date:
Tuesday, February 3, 2015 11:30 am EST
Terms:
Dateline City:
LEXINGTON, Mass.
LEXINGTON, Mass.--( BUSINESS WIRE [1])--Agenus Inc. (NASDAQ: AGEN), an immunology company developing a series of immune-oncology checkpoint modulators (CPMs), heat shock protein peptide-based vaccines, and immune adjuvants, today announced that the Company will present at the 17th Annual BIO CEO & Investor Conference on Monday, February 9th at 4:30 p.m. Eastern Time. The conference will take place at the Waldorf Astoria Hotel in New York City.
Webcast Information
The live and archived webcast of the presentation will be accessible from the Company’s website at www.agenusbio.com/webcast [2]. Please log in approximately 5-10 minutes before each event to ensure a timely connection. The archived replay will be available on the Agenus website for one month following the conference.
About Agenus
Agenus is an immunology company developing a series of immuno-oncology CPMs, heat shock protein peptide-based vaccines and immune adjuvants. These programs are supported by three separate technology platforms. Agenus’ checkpoint modulator programs target GITR, OX40, CTLA-4, LAG-3, TIM-3 and PD-1. The company’s proprietary discovery engine Retrocyte DisplayTM is used to generate fully human and humanized therapeutic antibody drug candidates. The Retrocyte Display platform uses a high-throughput approach incorporating IgG format human antibody libraries expressed in mammalian B-lineage cells. Agenus’ heat shock protein vaccines have completed Phase 2 studies in newly diagnosed glioblastoma multiforme, and in the treatment of herpes simplex viral infection; the heat shock protein platform can generate personalized as well as off the shelf products. The company’s QS-21 Stimulon® adjuvant platform is extensively partnered with GlaxoSmithKline and Janssen Sciences Ireland UC and includes several candidates in Phase 2, as well as shingles and malaria vaccines which have successfully completed Phase 3 clinical trials. For more information, please visit www.agenusbio.com [3], or connect with the company on Facebook, LinkedIn, Twitter and Google+.
Forward-Looking Statement
This press release contains forward-looking statements, including statements regarding the Company’s upcoming corporate presentation. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission for the period ended September 30, 2014. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.

Language:
English
Contact:
Media: BMC Communications Brad Miles, 646-513-3125 bmiles@bmccommunications.com [4] or Investors: Argot Partners Andrea Rabney/Jamie Maarten, 212-600-1902 andrea@argotpartners.com [5] jamie@argotpartners.com [6]
Ticker Slug:
Ticker: AGEN
Exchange: NASDAQ |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Area51 who wrote (30) | 12/16/2015 1:02:34 PM | From: Kirk © | | | Are you still posting here on SI?
Nice jump today on this news: Jefferies Starts Agenus Inc. (AGEN) at Buy; Sees 100% Upside December 16, 2015 7:54 AM EST
Jefferies initiates coverage on Agenus Inc. (NASDAQ: AGEN) with a Buy rating and a price target of $8.00.
Analyst Biren Amin commented, "Agenus is developing a comprehensive Immuno-Oncology (IO) platform consisting of multiple checkpoints both fully owned and through partnerships and could be a leader in cancer vaccine development through the deployment of its QS-21 adjuvant which could increase the efficacy of cancer vaccines. AGEN is also partnered with Merck and Incyte across 9 novel IO programs totaling >$450M in milestones. Therefore, AGEN's $130M EV offers significant upside, in our view."
 |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: StockDung who wrote (98) | 3/3/2016 7:51:17 PM | From: Kirk © | | | Very quiet here after making what appears to be a very nice higher low on my rising trend line AND making "three white soldiers" today... a very bullish formation.
 |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: footprintsinthesand who wrote (95) | 10/19/2016 9:31:41 AM | From: Kirk © | | | Gorman has impressive credentials to move Agenus to the next level.
investor.agenusbio.com
Agenus Appoints James Gorman, M.D., Ph.D. as Vice President of Strategic Planning and Portfolio Management
LEXINGTON, Mass., Oct. 18, 2016 / PRNewswire/ -- Agenus Inc. (NASDAQ: AGEN), an immuno-oncology (I-O) company developing antibodies, including checkpoint inhibitors and other checkpoint modulators and cancer vaccines, today announced the appointment of James Gorman, M.D., Ph.D. as the Company's Vice President of Strategic Planning and Portfolio Management. Dr. Gorman has a wealth of industry experience in implementing innovative strategic initiatives, portfolio prioritization and corporate development.
 "Dr. Gorman's stellar scientific and medical background, entrepreneurial accomplishments and deep understanding of how to leverage our diverse portfolio of I-O assets, will be instrumental at this stage of our company's development," said Garo H. Armen, Ph.D., Chairman and CEO of Agenus. "In this new role, he will lead the Company's strategic planning and portfolio management activities and will be responsible for the integration of corporate strategy across pre-clinical and clinical development, alliances and strategic funding."
Dr. Gorman joins Agenus with almost 20 years of experience in portfolio management, global pharmaceutical licensing and corporate development. He made his mark early on with Abbott Laboratories, where he was responsible for identifying, recommending and coordinating the strategy to grow Abbott's biologics business. There he championed and executed the acquisition of Humira®, a blockbuster anti-TNF antibody with annual sales of over $14 billion in 2015, which earned him the Abbott President's Award. More recently he was the Co-Founder, CEO and CMO of BioAssets Development Corporation (BDC), an antibody therapeutics business, which he shepherded from concept to a structured buyout by Cephalon Pharmaceuticals. Dr. Gorman was also the Co-Founder, CEO and CSO of 121 Bio, LLC, a biopharmaceutical company with an I-O focus.
"I am excited to join Agenus as its lead checkpoint modulators enter clinical development, and its rich pipeline of immune therapies offers the real opportunity to develop novel proprietary combination therapies to address major unmet needs," said Dr. Gorman. "I look forward to working with the Agenus team to select and advance the most compelling products to clinical use and commercial success."
Dr. Gorman obtained his M.D. degree and his Ph.D. degree in Immunology from Harvard University as a trainee in the Harvard Medical School M.D./Ph.D. Program. During his training, he conducted research in the laboratory of the distinguished Professor Frederic Alt specializing in molecular genetics and antibody formation, developing new genetic engineering techniques and reagents adopted by many other labs worldwide. He graduated summa cum laude from Yale University with B.A. and M.S. degrees in Biology.

About Agenus
Agenus is an immuno-oncology company focused on the discovery and development of revolutionary new treatments that engage the body's immune system to benefit patients suffering from cancer. By combining multiple powerful platforms, Agenus has established a highly integrated approach for the discovery, development and manufacture of monoclonal antibodies that modulate targets of interest. In addition, the Company's cancer vaccine program includes three proprietary platforms focused on individualized and off-the-shelf vaccines uniquely designed for each patient. Agenus' broad portfolio of novel checkpoint and other immuno-modulatory monoclonal antibodies, vaccines and adjuvants work in combination to provide the opportunity to create best-in-class therapeutic regimens. The Company has formed collaborations with Merck and Incyte to discover and develop multiple checkpoint antibodies. For more information, please visit www.agenusbio.com; information that may be important to investors will be routinely posted on our website. |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
To: Investor2 who wrote (100) | 10/21/2017 12:30:39 PM | From: Kirk © | | | Hopefully this gives us a nice pop after adding during the weakness.
FDA Approves GSK's Shingles Vaccine with Agenus' ( AGEN) QS-21 Stimulon® Adjuvant
- SHINGRIX containing QS-21 Stimulon® demonstrates remarkable efficacy of greater than 90% in pooled studies against shingles
- Shingles is a major public health issue in the US, impacting as many as 1 in 3 adults over the age of 50 years
LEXINGTON, Mass., Oct. 20, 2017 /PRNewswire/ -- Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company with a pipeline of immune checkpoint antibodies and cancer vaccines, announced today that the US Food and Drug Administration (FDA) granted marketing authorization to GlaxoSmithKline's (GSK) herpes zoster vaccine, SHINGRIX, containing Agenus' proprietary immune adjuvant QS-21 Stimulon®. SHINGRIX is indicated for prevention of herpes zoster (also known as shingles) in adults aged 50 years and older. The addition of QS-21 Stimulon helps improve the vaccine's effectiveness by boosting immune response in older adults who often experience age-related decline in immunity.
Shingles is a major public health issue in the US, impacting as many as 1 in 3 older adults over the age of 50 years. Shingles is caused by a virus called varicella zoster, which is also known as the chicken pox virus. Nearly all older adults have the varicella zoster virus dormant in their nervous system waiting to reactivate with advancing age and weakened immune systems.
QS-21 Stimulon is an immune-potent adjuvant designed to boost the immune system by helping the body generate antibodies and T cells that guard against infection. The addition of QS-21 Stimulon to the SHINGRIX vaccine enhances the immune response in these older adults.
"We are delighted by the remarkable efficacy of SHINGRIX, containing our proprietary QS-21 Stimulon adjuvant and the public health benefit; this FDA approval marks a significant milestone for Agenus," said Garo Armen, Ph.D., Chairman and CEO, Agenus. "The addition of QS-21 Stimulon enhances the immunogenicity of SHINGRIX and is beneficial in an older adult population who often experience a decline in immunity. Beyond shingles, our QS-21 Stimulon is under investigation in numerous vaccines and is a critical component of our neoantigen vaccine formulation, which is currently advancing in a Phase 1 clinical trial in patients with cancer."
The FDA approval of SHINGRIX was based on data pooled from two pivotal Phase III clinical trials in more than 37,000 people, which demonstrated an efficacy rate against shingles greater than 90% independent of age, as well as a sustained efficacy over the four-year follow-up period. SHINGRIX also reduced the overall incidence of postherpetic neuralgia (PHN), the most common and oftentimes debilitating chronic nerve pain associated with shingles. The benefit of SHINGRIX in the prevention of PHN can be attributed to the effect of the vaccine on the prevention of shingles. The most common side effects reported in clinical trials of SHINGRIX were pain, redness and swelling at the injection site, the majority of which were transient and mild to moderate in intensity, lasting less than three days.
The addition of QS-21 Stimulon is being studied to determine its potential to help a diverse range of vaccines work more effectively to treat or cure difficult-to-treat diseases, like cancer. QS-21 Stimulon is currently being used in combination with Agenus' neoantigen vaccine, AutoSynVax™, now in a Phase 1 clinical trial in cancer.
QS-21 Stimulon is also currently being evaluated in numerous GSK vaccine development candidates for both therapeutic and prophylactic applications.
About Agenus Agenus is a clinical-stage immuno-oncology company focused on the discovery and development of therapies that engage the body's immune system to fight cancer. The Company's vision is to expand the patient populations benefiting from cancer immunotherapy by pursuing a number of combination approaches that leverage a broad repertoire of antibody therapeutics and proprietary cancer vaccine platforms. The Company is equipped with a suite of antibody discovery platforms and a state-of-the-art GMP manufacturing facility with the capacity to support early phase clinical programs. Agenus is headquartered in Lexington, MA. For more information, please visit www.agenusbio.com; information that may be important to investors will be routinely posted on our website.
Forward-Looking Statements This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding GSK's SHINGRIX, as well as statements regarding Agenus' product candidates and clinical trial plans and activities, including the potential for QS-21 Stimulon to help a diverse range of neoantigen vaccines work more effectively to potentially cure difficult-to-treat diseases like cancer. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the Securities and Exchange Commission. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.
Contact: Agenus Inc. Jennifer Buell, PhD 781-674-4420 Jennifer.Buell@agenusbio.com |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: StockDung who wrote (98) | 10/23/2017 9:51:40 AM | From: Kirk © | | | Interesting that such a small company that cut expenses recently would make a separate subsidy, even though it make sense.
Agenus creates New Cell Therapy subsidiary named AgenTus TherapeuticsBruno Lucidi, previously of Idenix, Pharmasset and BMS named AgenTus CEO
LEXINGTON, Mass., Oct. 23, 2017 / PRNewswire/ -- Agenus Inc. (NASDAQ: AGEN), an immuno-oncology (I-O) company with a pipeline of immune checkpoint antibodies and cancer vaccines, today announced the launch of a subsidiary company for its cell therapy business, AgenTus Therapeutics, Inc. The subsidiary is focused on realizing significant value for both companies, enhancing business focus, speed, and efficiency toward the realization of breakthrough I-O "living drugs" to advance cures for patients with cancer.

AgenTus will have licensed intellectual property assets from Agenus, its own management team and governance. Bruno Lucidi has been appointed as CEO of the AgenTus subsidiary. Lucidi brings more than 30 years of experience in the pharmaceutical, biotechnology and financial industries with an impressive track record of building businesses and introducing innovative products into therapeutic markets.
"AgenTus will operate with remarkable science, innovation, and access to Agenus capabilities and expertise, all giving the subsidiary competitive advantage through the delivery of innovative living drugs to cancer patients looking for cures," said Garo Armen, Ph.D., Chairman and CEO, Agenus.
AgenTus will employ naturally-derived and engineered receptors, specifically T Cell Receptors (TCRs) and Chimeric Antigen Receptors (CARs), designed to supercharge human immune effector cells to seek and destroy cancer. AgenTus will advance adoptive cell therapy formats which would enable off-the-shelf living drugs. Current pipeline assets will be designed for potential utility both as single agents and as components of combination regimens in both solid tumors and hematological cancers. AgenTus is advancing lead programs through preclinical evaluation.
AgenTus will collaborate with Agenus to leverage the proprietary technologies, pipeline, and expertise of parent company Agenus. World-class scientists at AgenTus will have access to discovery platforms capable of identifying and optimally engineering novel TCRs and CARs through a multifunctional approach, including bioinformatics, structural and computational biology, molecular and cell biology, and proprietary, best-in-class cellular display platforms.
Living Drugs Living drugs are derived through a process called Adoptive Cell Therapy (ACT) by which a cancer patient's immune cells are removed, reengineered, and then reintroduced back into the body to bolster the immune system against cancer.
"AgenTus seeks to develop first in class adoptive cell therapies utilizing its proprietary TCRs to treat cancer," said Bruno, Lucidi, CEO, AgenTus Therapeutics. "We understand the mechanisms of our cell therapies in great molecular and biochemical detail, thanks to the outstanding scientific work by our Agenus colleagues to date. We expect our differentiated approach to have key competitive advantages."
The company intends to utilize both autologous and allogeneic manufacturing processes at different stages of development. "The goal of our technology is to ultimately enable AgenTus to develop living drugs in practical, off-the-shelf cell formats," continued Lucidi. "These living drugs are designed to be scalable, straightforward to administer, and are expected to target both solid tumors and cancers of the blood."
About AgenTus Therapeutics, Inc. AgenTus Therapeutics is a preclinical-stage biopharmaceutical company that will focus on the discovery, development, and commercialization of breakthrough "living drugs" to advance potential cures for cancer patients. AgenTus will employ naturally-derived and engineered receptors, specifically T cell receptors (TCRs) and Chimeric Antigen Receptors (CARs), designed to supercharge human immune effector cells to seek and destroy cancer. AgenTus will also aim to advance adoptive cell therapy formats which would enable off-the-shelf living drugs. AgenTus will have locations in Lexington, MA and Cambridge, UK. For more information, please visit www.agentustherapeutics.com.
About Agenus Agenus is a clinical-stage immuno-oncology company focused on the discovery and development of therapies that engage the body's immune system to fight cancer. The Company's vision is to expand the patient populations benefiting from cancer immunotherapy by pursuing a number of combination approaches that leverage a broad repertoire of antibody therapeutics and proprietary cancer vaccine platforms. The Company is equipped with a suite of antibody discovery platforms and a state-of-the-art GMP manufacturing facility with the capacity to support early phase clinical programs. Agenus is headquartered in Lexington, MA. For more information, please visit www.agenusbio.com; information that may be important to investors will be routinely posted on our website.
Forward-Looking Statements This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding the expected value to be realized from creating AgenTus and AgenTus' prospects, business plans, assets, capabilities, operating plan and expected collaboration with Agenus' platforms and assets. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the Securities and Exchange Commission. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.
Contact: Agenus Inc. Jennifer Buell, PhD 781-674-4420 Jennifer.Buell@agenusbio.com

SOURCE Agenus Inc. |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Investor2 who wrote (100) | 11/15/2017 10:09:55 AM | From: Kirk © | | | Nov 15, 2017: Agenus Receives License Fee of $4 Million USD from Merck
Entitled up to an additional $99 million USD in success milestones plus royalties on sales . LEXINGTON, Mass., Nov. 15, 2017 / PRNewswire/ -- Agenus Inc. (NASDAQ: AGEN), an immuno-oncology (I-O) company with a pipeline of immune checkpoint antibodies and cancer vaccines, today announced the receipt of a $4 million payment for the advancement of an undisclosed antibody under the license and research collaboration agreement with Merck, known as MSD outside the United States and Canada.
As previously announced, Merck is responsible for all future product development expenses for the selected antibody and Agenus is eligible to receive up to an additional $99 million in milestone payments, as well as royalties on worldwide product sales.
"We are very pleased with the progress of our collaboration with Merck and the advancement of this antibody towards the clinic," said Garo Armen, Ph.D. Chairman and CEO of Agenus. "Our integrated antibody discovery platforms and expertise culminates in discovering antibodies for a broad range of targets, including challenging ones, as was the case with this particular candidate."

About Agenus
Agenus is a clinical-stage immuno-oncology company focused on the discovery and development of therapies that engage the body's immune system to fight cancer. The Company's vision is to expand the patient populations benefiting from cancer immunotherapy by pursuing a number of combination approaches that leverage a broad repertoire of antibody therapeutics and proprietary cancer vaccine platforms. The Company is equipped with a suite of antibody discovery platforms and a state-of-the-art GMP manufacturing facility with the capacity to support early phase clinical programs. Agenus is headquartered in Lexington, MA. For more information, please visit www.agenusbio.com; information that may be important to investors will be routinely posted on our website.
Forward-Looking Statements
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding future potential payments from Merck. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the Securities and Exchange Commission. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.
Contact: Agenus Inc. Jennifer Buell, PhD 781-674-4420 Jennifer.Buell@agenusbio.com
SOURCE Agenus |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: Kirk © | 11/7/2018 12:24:51 PM | | | | Good results and progress from Agenus
investor.agenusbio.com
Agenus Reports Third Quarter 2018 Financial Results and Provides Corporate Update - 130 patients treated with Agenus' PD-1 & CTLA-4; clinical benefit >63% treated - Recent FDA meeting confirms path to BLA filing; targeted for 2020 - Next-Gen CTLA-4 IND filed; four INDs filed year to date - Two INDs for First-In-Class bispecifics on track for year end - Partnership discussions progressing towards closure LEXINGTON, Mass., Nov. 6, 2018 / PRNewswire/ -- Agenus Inc. (NASDAQ: AGEN), an immuno-oncology (I-O) company with a pipeline of immune checkpoint antibodies, cancer vaccines and adoptive cell therapies1, provided a corporate update and reported financial results for the third quarter of 2018.
"We have made substantial operational advances. These are unprecedented for a company of our size but also for the field of I-O," said Garo H. Armen, Ph.D., Chairman and CEO of Agenus. "We have shown that our CTLA-4 and PD-1 antibodies are active in the clinic with clinical benefit seen in the majority of the more than 130 patients treated. Recently we met with the FDA to confirm our clinical path to a BLA filing. In addition to these, our discovery engines have produced 4 INDs which have been filed this year, including our next generation CTLA-4. We plan to finish the year with two additional IND filing of first-in-class bispecifics. We also expect the closure of at least one corporate partnership transaction by year end."
Key operational and business updates
Operational Achievements:PD-1 & CTLA-4 show clinical benefit in majority of patients across multiple solid tumors, including cervical cancerClinical benefit rate of 68% and 63% for AGEN2034 & AGEN18842FDA meeting confirms path to BLA filing for lead moleculesThree trials are ongoing to leverage accelerated approval pathwaysNew discoveries advance to clinicFour INDs filed in 2018, including Next-Gen CTLA-4, AGEN1181Two First-in-class bispecific IND filings on track by year end2018 Payment milestones triggered in partnerships with Incyte, MerckLAG-3 (INCAGN02385) and TIM-3 (INCAGN02390) in the clinic with milestones received and to be received in Q4Undisclosed target with Merck entered clinic also generating a milestone paymentSales of GSK's Shingrix, containing QS-21 Stimulon®, have significantly exceeded earlier sales projectionsPartnership discussions on track to be concluded by year end Manufacturing Speed and Innovation driving advances to the clinic:Setting industry records for clinical & pivotal grade material3-5x faster for lead compoundsFirst-in-class bispecific, AGEN1223, manufactured at scale in <2 months AgenTus Cell Therapy Business:Lead identified for IND filing; private financing and plans for IPO underway Third Quarter 2018 Financial Results
Cash and cash equivalents were $46.3 million at the end of the 3rd quarter compared to $43.2 million and $60.2 million at June 30, 2018 and December 31, 2017 respectively. Subsequent to the end of 3rd quarter, Agenus announced the completion of a private financing of $40 million with a single investor netting the company approximately $39.9 million.
For the third quarter ended September 30, 2018, we reported a net loss of $34 million or $0.29 per share compared to a net loss for same period in 2017 of $37 million, or $0.37 per share. In the third quarter, we recognized revenue of $13 millionwhich includes a milestone achieved and non-cash royalties earned.
For the nine months ended September 30, 2018, we had a net reported loss of $113 million or $1.04 per share compared to a net reported loss for the same period in 2017 of $86 million or $0.88 per share. The increased net loss reflects reduced revenue during 2018 due to accelerated milestones received during 2017 from Incyte and the 2018 loss on early extinguishment of debt.
Conference Call, Webcast and Prepared Statement Information
Conference Call Information:
Date: Tuesday November 6, 2018
Time: 8:30 a.m. ET
Domestic Dial-in Number: (844) 492-3727
International Dial-in Number: (412) 317-5118
Conference ID: Agenus
Live Webcast: accessible from the Company's website at investor.agenusbio.com or with this link webcaster4.com
A replay will be available on the Company's website approximately two hours after the call and will remain available for 90 days.
About Agenus
Agenus is a clinical-stage immuno-oncology company focused on the discovery and development of therapies that engage the body's immune system to fight cancer. The Company's vision is to expand the patient populations benefiting from cancer immunotherapy by pursuing combination approaches that leverage a broad repertoire of antibody therapeutics, proprietary cancer vaccine platforms, and adoptive cell therapies (through its AgenTus Therapeutics subsidiary). The Company is equipped with a suite of antibody discovery platforms and a state-of-the-art GMP manufacturing facility with the capacity to support early phase clinical programs. Agenus is headquartered in Lexington, MA. For more information, please visit www.agenusbio.com and our twitter handle @agenus_bio. Information that may be important to investors will be routinely posted on our website and twitter.
About AgenTus Therapeutics, Inc.
AgenTus Therapeutics, a subsidiary of Agenus, is a preclinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of breakthrough "living drugs" to advance potential cures for cancer patients. AgenTus employs naturally-derived and engineered receptors, specifically T cell receptors (TCRs) and Chimeric Antigen Receptors (CARs), designed to supercharge human immune effector cells to seek and destroy cancer. AgenTus also aims to advance adoptive cell therapy formats which would enable off-the-shelf living drugs. AgenTus has locations in Lexington, MA and Cambridge, UK. For more information, please visit www.agentustherapeutics.com.
Forward-Looking Statements
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding Agenus' plans and timelines for IND filings, plans to file a BLA as early as 2020, clinical development plans and timelines, the expectation to close at least one additional corporate transaction in 2018, and financing and development plans for AgenTus. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the Securities and Exchange Commission. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.
Contact: Agenus Inc. Jennifer Buell, PhD 781-674-4420 Jennifer.Buell@agenusbio.com
1 Through AgenTus Therapeutics, a subsidiary of Agenus
2 Clinical benefit rates observed in mono & combination trials, respectively. |
| Agenus (AGEN) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |