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GSK GSK plc

41.11
0.20 (0.49%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
GSK plc NYSE:GSK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.20 0.49% 41.11 41.3125 40.87 40.95 2,730,464 21:00:02

Agenus Gets $15.1 Million Milestone Payment for Shingrix Sales

10/03/2020 1:54pm

Dow Jones News


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By Chris Wack

 

Agenus Inc. on Tuesday reported the triggering of a $15.1 million milestone payment from HealthCare Royalty Partners based on sales of GlaxoSmithKline's Shingrix vaccine exceeding $2 billion in 2019.

Agenus said its proprietary QS-21 Stimulon is a key component in GlaxoSmithKline's Shingrix vaccine, which has generated sales exceeding $2.3 billion in its second year after launch.

Agenus said it is due another milestone amounting to $25.5 million if Shingrix sales exceed $2.75 billion over four consecutive quarters before 2026.

Agenus shares were up 6% to $2.49 in premarket trading.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

March 10, 2020 09:39 ET (13:39 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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