BRIEF-Agenus Announces Strategic Realignment To Focus On Core Programs And Significantly Reduce Costs

Reuters

2024/12/05

Dec 5 (Reuters) - Agenus Inc AGEN.O:

AGENUS ANNOUNCES STRATEGIC REALIGNMENT TO FOCUS ON CORE PROGRAMS AND SIGNIFICANTLY REDUCE COSTS
AGENUS INC: REDUCTIONS ARE DESIGNED TO REDUCE CASH BURN TO $100 MILLION IN FY 2025
AGENUS INC: WILL IMPLEMENT SIGNIFICANT COST-CUTTING MEASURES, INCLUDING STAFF REDUCTIONS AND OPERATIONAL ADJUSTMENTS

Source text: ID:nBw97G7Cja

Further company coverage: AGEN.O

((Reuters.Briefs@thomsonreuters.com;))

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