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    Agenus Commences Phase 1 Clinical Trial of its CTLA-4 Checkpoint Antibody to Treat Solid Tumors

    Investing News Network
    Apr. 27, 2016 09:03AM PST
    Biotech Investing

    LEXINGTON, Mass.–(BUSINESS WIRE)–Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company developing checkpoint antibodies and cancer vaccines, today announced that the first patient has been dosed in the company’s Phase 1 clinical trial of AGEN1884, an anti-CTLA-4 checkpoint (CPM) antibody. The open-label, multicenter trial in patients with advanced or refractory cancer is designed to evaluate the safety …

    LEXINGTON, Mass.–(BUSINESS WIRE)–Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company developing
    checkpoint antibodies and cancer vaccines, today announced that the
    first patient has been dosed in the company’s Phase 1 clinical trial of
    AGEN1884, an anti-CTLA-4 checkpoint (CPM) antibody. The open-label,
    multicenter trial in patients with advanced or refractory cancer is
    designed to evaluate the safety of AGEN1884 and determine the estimated
    maximum tolerated dose.
    “Advancing AGEN1884 into the clinic is an important milestone for
    Agenus,” said Garo Armen, PhD, Chairman and CEO of Agenus. “Since the
    acquisition of 4-Antibody two years ago, we have completed additional
    strategic acquisitions and formed new collaborations considerably
    strengthening our antibody research and development capabilities.”
    AGEN1884 is an anti-CTLA-4 (cytotoxic T-lymphocyte antigen-4) checkpoint
    antibody that enables the immune system to find and destroy cancer
    cells. It is the first of a series of CPMs, discovered using Agenus’
    proprietary platform, to enter clinical development. Anti-CTLA-4
    antibodies have been highly efficacious in treating cancer and curative
    in some patients for whom standard of care has proven unsuccessful.
    Recent clinical data also suggests that anti-CTLA-4 antibodies are
    emerging as a central component of combination immunotherapeutic
    regimens for fighting cancer.
    Agenus has in-house technologies for rapid discovery and development of
    CPMs using its integrated mammalian, yeast and phage display platforms.
    The company also possesses the capability to generate optimal cell lines
    and manufacture GMP grade antibodies and vaccines.
    “We expect additional checkpoint antibodies from our portfolio to
    commence clinical trials during the course of this year. We believe our
    CPMs, vaccines and adjuvants will provide advantages in advancing the
    fight against cancers. This effort will be particularly enhanced by our
    ability to combine these agents as required,” said Robert B. Stein, MD,
    PhD, Agenus’ President, Research & Development.
    This Phase 1 clinical trial is taking place at leading centers in the
    United States, including The Ohio State University Comprehensive Cancer
    Center and the Comprehensive Cancer Center of Northwestern University.
    AGEN1884 was developed under a Collaborative Research and Development
    Agreement between Ludwig Cancer Research, 4-Antibody AG and Recepta
    Biopharma S.A.
    About Checkpoint Antibodies
    Promising clinical data from trials employing monoclonal antibodies that
    bind to checkpoint molecules, such as CTLA-4 and programmed death
    receptor-1 (PD-1), have generated considerable excitement in the field
    of cancer immunotherapy. These molecules serve as checks employed by the
    body to prevent a runaway immune response, which can be debilitating and
    even deadly. Unfortunately, these necessary mechanisms of control can
    hinder the anti-cancer immune response. They can be harnessed by cancer
    cells as a defense against immune attack. Agenus is developing a broad
    pipeline of antibodies that bind to key checkpoint proteins and activate
    or block their activities for use in cancer therapy.
    About Agenus
    Agenus is an immuno-oncology company focused on the discovery and
    development of revolutionary new treatments that engage the body’s
    immune system to benefit patients suffering from cancer. By combining
    multiple powerful platforms, Agenus has established a highly integrated
    approach to target identification and validation, and for the discovery,
    development and manufacturing of monoclonal antibodies that modulate
    targets of interest. The company’s broad portfolio of novel checkpoint
    modulator and other immuno-modulatory monoclonal antibodies, vaccines
    and adjuvants work in combination to provide the opportunity to create
    best-in-class therapeutic regimens. Agenus’ heat shock protein-based
    vaccine, Prophage™, has successfully completed Phase 2 trials in
    newly-diagnosed glioblastoma. The company has formed collaborations with
    Merck and Incyte to discover and develop multiple checkpoint antibodies.
    For more information, please visit www.agenusbio.com;
    information that may be important to investors will be routinely posted
    on our website.
    Forward-Looking Statements
    This press release contains forward-looking statements that are made
    pursuant to the safe harbor provisions of the federal securities laws,
    including statements regarding the Company’s plans for future clinical
    trials. These forward-looking statements are subject to risks and
    uncertainties that could cause actual results to differ materially.
    These risks and uncertainties include, among others, the factors
    described under the Risk Factors section of Agenus’ Form 10-K filed with
    the Securities and Exchange Commission on March 15, 2016. Agenus
    cautions investors not to place considerable reliance on the
    forward-looking statements contained in this release. These statements
    speak only as of the date of this press release, and Agenus undertakes
    no obligation to update or revise the statements, other than to the
    extent required by law. All forward-looking statements are expressly
    qualified in their entirety by this cautionary statement.

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