Business Daily.
.
A+ R A-

Agenus Inc. Completes $115 Million Non-Dilutive Royalty Transaction with Oberland Capital

E-mail Print PDF
LEXINGTON, Mass.--(BUSINESS WIRE)--Agenus Inc. (NASDAQ: AGEN), an immunology company discovering and developing innovative treatments for cancers and other diseases, today announced a $115 million non-dilutive royalty transaction pursuant to a Note Purchase Agreement with an investor group led by Oberland Capital Management, LLC (Oberland Capital). Agenus intends to use the proceeds from this transaction to advance its immuno-oncology programs. In return for $100 million at closing to Agenus, O

imageimage
Grow Your Business with Times Media
Business Daily Media