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Agenus Enters Clinical Collaborations for Tumor Treatments; Shares Rise

10:55AM ET 5/31/2022 MT Newswires
Agenus (AGEN) said Tuesday it has entered into three clinical collaborations with Targovax, Oxford BioTherapeutics and Immunogenesis to develop treatments for tumors.

The new projects bring the number of collaborations up to six and are related to clinical assets such as botensilimab, balstilimab, zalifrelimab, among others, Agenus said.

The partnerships are with companies that are developing drugs with complementary mechanisms to come up with immunotherapy combinations to treat tumors, the clinical-stage drugmaker said. The studies are sponsored and conducted by the collaborators while Agenus is providing the drugs and scientific support.

The stock was up about 8% in morning trading amid a broadly lower market.

Price: 1.74, Change: +0.13, Percent Change: +7.96