01 January 2014

4-Antibody is sold to Agenus Inc.

VISCHER advises 4-Antibody in the sale of the company to Agenus Inc. (Nasdaq: AGEN) a biotechnology company developing novel immune system activating treatments for cancers and infectious diseases. 4-Antibody has a technology platform for the rapid discovery and optimization of fully-human antibodies against a wide array of molecular targets of interest. Under the terms of the agreement, Agenus agrees to acquire all of the outstanding stock of 4-Antibody for an initial payment of $10 million in shares of Agenus common stock, plus additional contingent payments, payable in cash or Agenus common stock, that may exceed $40 million based on the combined company achieving certain milestones. The VISCHER team includes Matthias Staehelin (Partner) and Marius Meier (Associate).

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Matthias Staehelin

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4-Antibody is sold to Agenus Inc.