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Finance Watch: Bitcoin For Biopharma? Agenus Gives BEST A Shot

 
• By Mandy Jackson

Investors in a February Biotech Electronic Security Token (BEST) offering will be able to put their money behind a single Agenus asset – the PD-1 inhibitor AGEN2034. Also, financial and strategic updates from Gossamer, Aduro, Novo's REPAIR Impact Fund and more.

Finance Watch

Agenus Inc. will be the first biopharmaceutical company to let investors put their money behind a single drug candidate – the company's PD-1 inhibitor AGEN2034 – by investing in an electronic security that sounds a bit like the digital currency known as bitcoin, but works a little differently.

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