Agios Pharma (AGIO) Releases Initial AG-120 Data; Oppenheimer Reiterates Perform

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Agios Pharma (AGIO) Issues Positive Update from Dose-Escalation Portion of AG-120 Phase 1

November 9, 2015 6:05 AM EST

Agios Pharma (NASDAQ: AGIO) announced the first data from the dose-escalation portion of the ongoing Phase 1 study evaluating single agent AG-120, a first-in-class, oral, selective, potent inhibitor of mutant isocitrate dehydrogenase-1 (IDH1), in advanced solid tumors. The data are being presented today at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics in Boston. AG-120 is being developed in collaboration with Celgene.

"Glioma, cholangiocarcinoma and chondrosarcomas are all extremely difficult-to-treat diseases with limited therapeutic options," said Howard Burris, M.D., Sarah Cannon Research Institute, an investigator for the study. "Today's Phase 1... More

Agios Pharma (AGIO) Posts Wider Q3 Loss

November 5, 2015 8:01 AM EST

Agios Pharma (NASDAQ: AGIO) reported Q3 EPS of ($1.08), $0.20 worse than the analyst estimate of ($0.88). Revenue for the quarter came in at $5.8 million versus the consensus estimate of $17.21 million.

Cash, cash equivalents and marketable securities as of September 30, 2015 were $408.0 million, compared to $467.4 million as... More