Agenus Faces CFIUS Review Delay in Zydus Deal

Tip Ranks
2025.09.23 21:28
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Agenus (AGEN) announced a delay in its deal with Zydus Pharmaceuticals due to a request from the Committee on Foreign Investment in the United States (CFIUS) for a full notice application. The transaction, involving the acquisition of Agenus's manufacturing assets and commercial rights in India and Sri Lanka, is now expected to close in Q4 2025. Analysts rate AGEN stock as a Sell with a $4.50 price target, citing negative profitability and cash flow issues, alongside mixed technical signals.