Agenus To Receive Milestone Payment From Bristol Myers Squibb
Agenus Inc. (AGEN) said it has triggered the second development milestone payment under global licensing agreement with Bristol Myers Squibb for BMS-986442. Agenus will receive a $25 million cash payment from Bristol Myers Squibb with the dosing of the first patient in the phase 2 dose expansion portion of the CA115-001 trial.