Agenus Inc. and Zydus Ink $141M Deal to Boost BOT/BAL and Expand US Biologics Manufacturing

Reuters

06-05

Agenus Inc. and Zydus Ink $141M Deal to Boost BOT/BAL and Expand US Biologics Manufacturing

Agenus Inc. has announced a strategic collaboration with Zydus Lifesciences, valued at $141 million, to advance the development of BOT/BAL and expand Zydus' biologics manufacturing capabilities in the United States. The agreement includes a $75 million upfront payment to Agenus for the transfer of its biologics CMC facilities in Emeryville and Berkeley, California. Agenus is set to receive up to an additional $50 million in contingent payments based on production orders. As part of the deal, Agenus will become Zydus' first BioCDMO customer through an exclusive manufacturing agreement for BOT/BAL, aimed at ensuring BLA and launch readiness. Additionally, Zydus will gain an exclusive license for BOT/BAL in India and Sri Lanka, along with a $16 million equity investment in Agenus. This collaboration reflects a strengthened partnership between the U.S. and India in biopharma and aims to secure strategic capital for global regulatory engagement and commercialization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agenus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-081674), on June 04, 2025, and is solely responsible for the information contained therein.

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The agreement includes a $75 million upfront payment to Agenus for the transfer of its biologics CMC facilities in Emeryville and Berkeley, California. Agenus is set to receive up to an additional $50 million in contingent payments based on production orders. As part of the deal, Agenus will become Zydus' first BioCDMO customer through an exclusive manufacturing agreement for BOT/BAL, aimed at ensuring BLA and launch readiness. Additionally, Zydus will gain an exclusive license for BOT/BAL in India and Sri Lanka, along with a $16 million equity investment in Agenus. 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ID: 0000950170-25-081674), on June 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nNDL9d0W9y:1","article_id":"2541432099","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541432099","pubTimestamp":1749069503,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Agenus Inc. has announced a strategic collaboration with Zydus Lifesciences, valued at $141 million, to advance the development of BOT/BAL and expand Zydus' biologics manufacturing capabilities in the United States. 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