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Adaptimmune Therapeutics plc American Depositary Shares - ADAP STOCK NEWS

Welcome to our dedicated page for Adaptimmune Therapeutics plc American Depositary Shares news (Ticker: ADAP), a resource for investors and traders seeking the latest updates and insights on Adaptimmune Therapeutics plc American Depositary Shares stock.

Adaptimmune Therapeutics plc (NASDAQ: ADAP) is a clinical-stage biopharmaceutical company focused on the design, development, and delivery of T-cell therapies to treat cancer. Established in 2008, Adaptimmune has grown from a private entity to one of the top biopharmaceutical IPOs in 2015, and its U.S. operations are headquartered in Philadelphia, PA. Using its proprietary T-cell receptor (TCR) platform, Adaptimmune engineers T-cells to target and destroy cancer cells. This innovative approach has led to the development of a robust pipeline of immuno-oncology product candidates primarily aimed at solid tumors.

The company’s leading programs include afami-cel and lete-cel, both engineered T-cell therapies targeting specific cancer antigens. Afami-cel, targeting MAGE-A4, has shown promising results in treating advanced synovial sarcoma, with the U.S. FDA accepting its Biologics License Application (BLA) for priority review. The anticipated approval and commercial launch of afami-cel in 2024 will mark a significant milestone for Adaptimmune, potentially making it the first engineered T-cell therapy for solid tumors available to patients. Lete-cel, targeting NY-ESO-1, is being evaluated for synovial sarcoma and myxoid round cell liposarcoma (MRCLS) in the pivotal IGNYTE-ESO trial. Preliminary results indicate a 40% response rate, meeting the primary efficacy endpoint.

Adaptimmune has formed strategic partnerships to advance its pipeline and enhance its manufacturing capabilities. Recent collaborations include agreements with Galapagos to develop next-generation TCR therapies and a $125 million debt financing deal with Hercules Capital, strengthening its financial position.

In addition to its lead programs, Adaptimmune is advancing a broad clinical and preclinical pipeline, including ADP-A2M4CD8 (uza-cel), targeting a range of solid tumors, and several other next-generation and allogeneic T-cell therapies. The company continues to invest in research and development, with plans to expand its platform and address additional cancer indications.

The company’s commitment to transforming cancer treatment is underpinned by a strategy of bringing novel therapies to market efficiently. With over $300 million in funding and strategic plans extending into 2026, Adaptimmune is well-positioned to achieve significant milestones and make substantial impacts in the field of oncology.

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Adaptimmune Therapeutics plc (NASDAQ: ADAP) submits the first BLA for afami-cel, an engineered T-cell therapy for synovial sarcoma, to the FDA. Positive data from the pivotal trial SPEARHEAD-1 show better outcomes compared to historical control data. The submission is supported by the completion of the rolling BLA, making afami-cel eligible for Priority Review, potentially shortening the FDA's review timeline. The company is preparing for the commercial launch of afami-cel and the evolution of its sarcoma cell therapy franchise.
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Adaptimmune Therapeutics plc (NASDAQ: ADAP) announces the transfer of the IND for letetresgene autoluecel (lete-cel) from GSK to Adaptimmune for the pivotal IGNYTE-ESO (NCT03967223) clinical trial. The interim analysis of the pivotal IGNYTE-ESO trial demonstrates a 40% response rate in people with synovial sarcoma or myxoid/round cell liposarcoma. The company plans to lay out its cell therapy sarcoma franchise, including afami-cel and lete-cel, in January 2024. Adaptimmune and GSK have agreed terms regarding the return of the NY-ESO program back to Adaptimmune, resulting in milestone-based payments totaling £30 million in relation to the transfer of the clinical trials for the NY-ESO targeted programs.
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Adaptimmune Therapeutics plc (NASDAQ: ADAP): Afami-cel's BLA submission on track for Q4 completion, showing superior survival rates for synovial sarcoma patients. SURPASS Phase 1 trial reports 75% response rate in ovarian, urothelial, and head & neck cancers. Pipeline update includes termination of Gavo-cel and TC-510 programs. Financially, the company's cash runway is confirmed into early 2026.
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Adaptimmune Therapeutics plc (NASDAQ: ADAP) provides progress update on PRAME program (ADP-600), announcing 10x higher sensitivity to target peptide than competitors, entry into the clinic in 2024, and selection of next-gen approaches.
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Adaptimmune Therapeutics plc is set to present outcome data from Cohort 1 of its pivotal SPEARHEAD-1 trial at the Connective Tissue Oncology Society (CTOS) annual meeting. The data shows that approximately 39% of patients who received afami-cel had clinical responses, with a median duration of response of around 12 months. The median overall survival in the trial was approximately 17 months, compared to a historical median overall survival of less than 12 months for patients with synovial sarcoma who had received two or more prior lines of therapy. Additionally, 70% of patients who responded to afami-cel were alive two years post-treatment.
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Adaptimmune Therapeutics plc (NASDAQ: ADAP) reports positive interim analysis results from the IGNYTE-ESO trial with lete-cel for synovial sarcoma and MRCLS. 40% of patients had clinical responses, with a median duration of response of approximately 11 months. A small substudy showed an 80% response rate in treatment-naïve patients. Safety findings were consistent with previous data.
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Adaptimmune Therapeutics to report Q3 financial results and provide business updates on November 8, 2023.
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Adaptimmune presents positive clinical data on ADP-A2M4CD8 therapy for solid tumors at ESMO Congress
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Adaptimmune Therapeutics announces appointment of Karen Chagin as Senior VP of Early-Stage Development
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Adaptimmune Therapeutics reported progress on the afami-cel BLA, with the submission targeted for Q4 2023. They also provided updates on the transition of lete-cel from GSK and the initiation of the Phase 2 SURPASS-3 trial in ovarian cancer. The company completed a strategic combination with TCR2, adding pipeline assets and increasing total liquidity. Pipeline data readouts are expected over the next 18 months, and the cash runway extends into early 2026.
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FAQ

What is the current stock price of Adaptimmune Therapeutics plc American Depositary Shares (ADAP)?

The current stock price of Adaptimmune Therapeutics plc American Depositary Shares (ADAP) is $0.6366 as of November 21, 2024.

What is the market cap of Adaptimmune Therapeutics plc American Depositary Shares (ADAP)?

The market cap of Adaptimmune Therapeutics plc American Depositary Shares (ADAP) is approximately 163.8M.

What is Adaptimmune Therapeutics' primary focus?

Adaptimmune Therapeutics focuses on developing novel T-cell therapies to treat cancer, particularly solid tumors.

What are the key programs of Adaptimmune Therapeutics?

The key programs include afami-cel for synovial sarcoma and lete-cel for synovial sarcoma and MRCLS.

What is afami-cel?

Afami-cel is an engineered T-cell therapy targeting the MAGE-A4 cancer antigen, aimed at treating advanced synovial sarcoma.

When is afami-cel expected to be commercially available?

Afami-cel is expected to be commercially available in the U.S. by Q3 2024, pending FDA approval.

What is lete-cel?

Lete-cel is an engineered T-cell therapy targeting the NY-ESO-1 cancer antigen, currently being evaluated for synovial sarcoma and MRCLS.

What are Adaptimmune’s recent strategic collaborations?

Recent collaborations include a development agreement with Galapagos for next-generation TCR therapies and a $125 million financing deal with Hercules Capital.

Where are Adaptimmune’s U.S. operations based?

Adaptimmune’s U.S. operations are based in Philadelphia, Pennsylvania.

What is Adaptimmune’s approach to cancer treatment?

Adaptimmune uses its proprietary T-cell receptor platform to genetically engineer T-cells to target and destroy cancer cells.

What are the financial projections for Adaptimmune?

Adaptimmune is funded into early 2026 with a projection of up to $400 million in peak U.S. sales from its sarcoma franchise.

How can one get more information about Adaptimmune’s pipeline and operations?

For more information, visit Adaptimmune’s official website at www.adaptimmune.com.

Adaptimmune Therapeutics plc American Depositary Shares

Nasdaq:ADAP

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163.77M
254.92M
0.38%
60.27%
2.09%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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