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Agenus says its Bristol Myers Squibb licensing deal has up to $1.3 billion in milestone payments

Agenus says its Bristol Myers Squibb licensing deal has up to $1.3 billion in milestone payments

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Shares of Agenus Inc. were up 2.0% in premarket trading on Tuesday after the company said a licensing deal with Bristol Myers Squibb Co. had closed. As part of the agreement, Bristol plans to study an experimental Agenus immuno-oncology drug as a treatment for non-small cell lung cancer.

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