other material
confidence high
sentiment neutral
materiality 0.40
MiNK Therapeutics enters amended intercompany services agreement with Agenus effective April 1, 2022
MiNK Therapeutics, Inc.
- New agreement covers G&A, R&D, and shared services; MiNK pays 10% of Agenus' G&A costs.
- R&D services charged at pass-through costs plus allocation of employee costs.
- Shared services no charge if proportional; facility/insurance use with proportionate payment.
- Either party may terminate with 60 days' notice; individual services 30 days.
- Agreement retroactive to April 1, 2022, amends September 2021 agreement.