other
confidence high
sentiment neutral
materiality 0.65
Agenus receives termination notice from Incyte for LAG-3/TIM-3 license; rights revert to Agenus
AGENUS INC
- Incyte terminates License Agreement effective Feb 4, 2026; all rights to LAG-3 and TIM-3 revert to Agenus.
- Incyte previously terminated OX40 (Oct 2023) and GITR/undisclosed (May 2024) programs.
- Agenus will evaluate future opportunities, including internal development or new partnerships.
- Termination follows Incyte's July 2024 announcement to discontinue LAG-3 and TIM-3 development.