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  1. Immunotherapy developer Agenus ($AGEN), looking to further invest in its immuno-oncology pipeline, plans to temporarily cash out of a deal with GlaxoSmithKline ($GSK) to grab $115 million in exchange for royalties it once held on an adjuvant for GSK's malaria and shingles vaccines.
    www.fiercepharma.com/r-d/agenus-trades-adjuvant-rights-to-gsk-for-115m-to-bolster-oncology-profile
    www.fiercepharma.com/r-d/agenus-trades-adjuvant-rights-to-gsk-for-115m-to-bo…
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    WEBAug 25, 2021 · If oncology companies are valued at ~5X their products' estimated peak sales, AGEN could be worth ~$20Billion (~$80/share+) in a buyout after approval by the FDA based solely on 1181/Bal's...

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