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Bristol Myers pays Agenus $200M for drug aimed at top immunotherapy target

Dive Brief: Bristol Myers Squibb on Tuesday said it will pay $200 million to acquire rights to an experimental cancer immmunotherapy developed by Massachusetts biotech Agenus. Per deal terms, Bristol Myers could pay Agenus up to $1.36 billion more in conditional payments if certain development, regulatory and marketing milestones are hit. Agenus also retains certain options to participate in testing the drug or, if it s ever approved by the Food and Drug Administration, co-promote it in the U.S.  The drug, which could enter clinical testing later this year, is aimed at a protein target called TIGIT that s lately become of interest to several top cancer drugmakers, including Merck & Co., Roche and Gilead. 

Arcus Biosciences Reports First Quarter 2021 Financial Results and Provides Operational Highlights

Search jobs Arcus Biosciences Reports First Quarter 2021 Financial Results and Provides Operational Highlights Continued to advance our portfolio of anti-TIGIT antibodies: On track for the ARC-7 interim analysis for domvanalimab in 2Q21, and the first patient was dosed with AB308 in combination with zimberelimab Presented promising PFS and OS data for etrumadenant in the ≥3L metastatic colorectal cancer setting at AACR Initiated the randomized portion of our ARC-8 study evaluating AB680, our first-in-class small molecule CD73 inhibitor, in pancreatic cancer following rapid completion of enrollment of the dose-expansion portion of the study Presented preclinical data on a novel series of HIF-2α

Eikon Therapeutics Closes $148M Financing Round, Names CEO | Business | May 2021

Eikon Therapeutics Closes $148M Financing Round, Names CEO | Business | May 2021
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Ligand Pharmaceuticals Inc (LGND) Q1 2021 Earnings Call Transcript

Ligand Pharmaceuticals Inc (LGND) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Ligand Pharmaceuticals Inc (NASDAQ: LGND) Popular Searches Operator Good afternoon, and thank you for standing by. Welcome to the Ligand Pharmaceuticals Quarter One Earnings Call. [Operator Instructions]. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]. I would now like to hand the conference over to your speaker today, Mr. Simon Latimer. Sir, the floor is yours.SPONSORED: 10 stocks we like better than Ligand Pharmaceuticals When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade,

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