Agenus Inc. and Zydus Pharmaceuticals Delay Transaction Closure to Q4 2025 Following CFIUS Review Request
Reuters
Sep 24
Agenus Inc. and Zydus Pharmaceuticals Delay Transaction Closure to Q4 2025 Following CFIUS Review Request
Agenus Inc. has announced an update regarding its transactions with Zydus Pharmaceuticals $(USA)$ Inc. Initially disclosed in June 2025, the agreements involve Zydus acquiring assets related to Agenus' manufacturing operations, taking a minority ownership stake in the company, and obtaining certain commercial rights in India and Sri Lanka. The companies have been requested by the Committee on Foreign Investment in the United States (CFIUS) to submit a full notice application as part of the review process. As a result, the anticipated closing of these transactions has been shifted to the fourth quarter of 2025. Further details are available in Agenus' filing with the SEC.
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