Agenus Chief Technology Officer Alex Duncan to Depart in January

Alex Duncan, chief technology officer of Agenus (NASDAQ: [[ticker:AGEN]]) for nearly four years, is leaving on Jan. 2, the company disclosed in a securities filing Friday. No reason was given for Duncan’s departure. Lexington, MA-based Agenus develops cancer drugs. Last year, Agenus struck a $150 million deal with Gilead Sciences (NASDAQ: [[ticker:GILD]]), which acquired global rights to one Agenus drug candidate and options on two others.

Author: Frank Vinluan

Xconomy Editor Frank Vinluan is a business journalist with experience covering technology and life sciences. Based in Raleigh, he was a staff writer at the Triangle Business Journal covering technology, biotechnology and energy before joining MedCityNews.com as North Carolina bureau chief. Prior to moving to North Carolina’s Research Triangle in 2007 he held business reporting positions at The Des Moines Register and The Seattle Times.