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Stock impact report

Agenus (AGEN) Q4 2024 Earnings Call Transcript [Yahoo! Finance]

Agenus Inc. (AGEN) 
Last agenus inc. earnings: 3/12 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: agenusbio.com/investors
Company Research Source: Yahoo! Finance
Chief Financial Officer — Christine Klaskin Chief Medical Officer — Steven O'Day Chief Commercial Officer — Robin Taylor Need a quote from a Motley Fool analyst? Email pr@fool.com Garo Armen: A very good morning once again from a delightful day in Lexington, Massachusetts. Thank you very much for joining us. First, let me start by saying we are, as a company, pleased to report that we delivered on our commitment to significantly reduce the Agenus' operational burn. By the end of 2024, we had reduced our annualized burn rate to the level that we had guided everyone. And now we are executing on our next stage of strategic cost reductions with an annualized burn to approximate $50 million by the middle of this year, and we're very much on track for that number. Our objective is to direct every available resource towards what truly matters to our stakeholders and patients particularly, to make sure that our groundbreaking potential of BOT/BAL is realized and patients have acces Show less Read more
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