Gilead, Agenus Enter Immuno-Oncology Pact

Aims to develop and commercialize up to five novel immuno-oncology therapies

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By: Kristin Brooks

Managing Editor, Contract Pharma

Gilead Sciences and Agenus Inc. have entered into an immuno-oncology (I-O) partnership for the development and commercialization of up to five novel immuno-oncology therapies.  Agenus will receive $150 million upon closing, which includes a $120 million upfront and a $30 million equity investment.  The agreement also includes approximately $1.7 billion in potential future fees and milestones. Gilead will receive worldwide exclusive rights to AGEN1423, which has an estimated IND filing by y...

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