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ADC Therapeutics SA - ADCT STOCK NEWS

Welcome to our dedicated page for ADC Therapeutics SA news (Ticker: ADCT), a resource for investors and traders seeking the latest updates and insights on ADC Therapeutics SA stock.

ADC Therapeutics SA (NYSE: ADCT) is a commercial-stage biotechnology company headquartered in Lausanne, Vaud, Switzerland. The company specializes in the development of antibody-drug conjugates (ADCs) to treat hematological malignancies and solid tumors. ADC Therapeutics is particularly known for its product ZYNLONTA® (loncastuximab tesirine-lpyl), which received accelerated approval from the FDA and conditional approval from the European Commission for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) after two or more lines of systemic therapy. ZYNLONTA is also under development for use in combination with other agents and for earlier lines of therapy.

The company has a broad portfolio of ADCs in various stages of clinical and preclinical development, including camidanlumab tesirine, ADCT-602, ADCT-601, ADCT-901, ADCT-701, and ADCT-212. ADC Therapeutics leverages its proprietary technology to improve the treatment outcomes for cancer patients, focusing on both hematologic cancers and solid tumors.

In recent news, ADC Therapeutics announced several key updates, including the completion of dose escalation in their LOTIS-7 trial, which is evaluating ZYNLONTA in combination with bispecific antibodies for heavily pre-treated patients with relapsed/refractory B-cell non-Hodgkin lymphoma. The company also presented promising data from a Phase 2 trial evaluating ZYNLONTA in patients with relapsed/refractory marginal zone lymphoma, showing high response rates and a good safety profile.

Financially, ADC Therapeutics reported ZYNLONTA net sales of $17.8 million for the first quarter of 2024 and continues to advance its hematology and solid tumor pipelines. The company has operations in London, the San Francisco Bay Area, and New Jersey. For more information, visit adctherapeutics.com and follow the company on LinkedIn.

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ADC Therapeutics (NYSE: ADCT) reported Q1 2021 results, highlighted by the accelerated FDA approval of ZYNLONTA for treating relapsed or refractory DLBCL. This approval broadens treatment options for patients with difficult-to-treat cancers. Cash equivalents stood at $383.1 million, down from $439.2 million at year-end 2020. R&D expenses increased to $39.2 million, reflecting investments for ZYNLONTA's potential. Net loss was $51.5 million or $0.67 per share, up from $43.5 million in Q1 2020, driven by organizational expansion and preparation for ZYNLONTA's launch.

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ADC Therapeutics (NYSE: ADCT) announced the inclusion of ZYNLONTA™ (loncastuximab tesirine-lpyl) in the NCCN Guidelines as a category 2A treatment for relapsed or refractory diffuse large B-cell lymphoma (DLBCL). This follows the recent accelerated FDA approval for adult patients after two or more systemic therapy lines. ZYNLONTA is noted for addressing significant unmet medical needs among patients with challenging disease profiles.

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ADC Therapeutics (NYSE: ADCT) announced its CEO, Chris Martin, will participate in two virtual investor conferences in May 2021. The details include the BofA Securities Virtual Health Care Conference on May 11 at 8:00 a.m. ET and the RBC Capital Markets Global Healthcare Conference on May 19 at 9:45 a.m. ET. Live webcasts of the discussions will be available on their website, with replays accessible for 30 days. ADC focuses on developing innovative antibody drug conjugates for cancer treatment.

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ADC Therapeutics (NYSE: ADCT) has announced a conference call on May 6, 2021, at 8:30 a.m. EDT to discuss its first quarter financial results and business updates. The call can be accessed via phone or through a live webcast on the company’s investor website. ADC Therapeutics is focused on developing antibody drug conjugates (ADCs) aimed at treating various cancers, including its FDA-approved ADC ZYNLONTA for lymphoma. The company also has ongoing clinical trials for other ADCs targeting hematological malignancies and solid tumors.

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ADC Therapeutics SA (NYSE: ADCT) announced FDA approval for ZYNLONTA™ (loncastuximab tesirine-lpyl) to treat adult patients with relapsed or refractory large B-cell lymphoma after multiple therapies. This accelerated approval is based on a 48.3% overall response rate from the pivotal LOTIS-2 trial. The trial included 145 patients, revealing a complete response rate of 24.1%. ZYNLONTA's commercial launch in the U.S. is imminent, alongside an Advancing Patient Support Program for eligible patients. However, continued approval is dependent on further clinical benefit verification.

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Overland ADCT BioPharma has appointed Eric Koo as Chief Executive Officer. With over 25 years in the pharmaceutical industry, Koo aims to enhance drug approvals and launches in Asia. His past leadership roles include Vice President at Takeda China and Director at Merck. Koo will lead the development of innovative cancer medicines, particularly the ADC Lonca, with the U.S. PDUFA date approaching in May. Overland ADCT is focused on expanding access to antibody drug conjugates for challenging hematologic and solid tumors in greater China and Singapore.

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ADC Therapeutics (NYSE: ADCT) reported financial results for Q4 and FY 2020, highlighting a cash balance of $439.2 million. The company is preparing for the launch of its lead candidate, Lonca, with a PDUFA date set for May 21, 2021. R&D expenses increased to $48.6 million in Q4 and $142 million for the year. The pivotal Phase 2 trial of Camidanlumab Tesirine (Cami) is complete, showing promising results in treating Hodgkin lymphoma. Significant net losses were reported at $55.9 million for Q4 and $246.3 million for the year, reflecting higher operational costs.

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ADC Therapeutics (NYSE: ADCT), a biotechnology firm focused on targeted antibody drug conjugates, will host a conference call on March 18, 2021, at 8:30 a.m. ET to discuss its financial results for Q4 and year-end 2020, along with business updates. The lead candidate, loncastuximab tesirine (Lonca), for relapsed large B-cell lymphoma has received priority review by the FDA with a PDUFA date of May 21, 2021. A second candidate, camidanlumab tesirine (Cami), is in a pivotal Phase 2 trial for Hodgkin lymphoma.

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ADC Therapeutics SA (NYSE:ADCT), an oncology-focused biotech company, announced that CEO Chris Martin will participate in a fireside chat at the Cowen 41st Annual Health Care Conference on March 4, 2021, at 12:50 p.m. ET. A live webcast will be available on the company's Investors page, with a replay accessible for 30 days. ADC Therapeutics specializes in antibody drug conjugates for hematological malignancies and solid tumors, leveraging proprietary PBD technology in their clinical pipeline, which includes promising candidates Loncastuximab tesirine and Camidanlumab tesirine.

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ADC Therapeutics (NYSE:ADCT) announced the conclusion of enrollment in its pivotal Phase 2 clinical trial for camidanlumab tesirine (Cami) targeting relapsed or refractory Hodgkin lymphoma, with a total of 117 patients enrolled. Preliminary Phase 2 results showed an impressive 83% overall response rate in 47 evaluable patients, maintaining safety profiles from Phase 1. CMC aims to address unmet needs in heavily pre-treated patients and anticipates reporting updated interim data in the first half of the year.

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FAQ

What is the current stock price of ADC Therapeutics SA (ADCT)?

The current stock price of ADC Therapeutics SA (ADCT) is $1.96 as of December 20, 2024.

What is the market cap of ADC Therapeutics SA (ADCT)?

The market cap of ADC Therapeutics SA (ADCT) is approximately 207.9M.

What is the primary focus of ADC Therapeutics?

ADC Therapeutics focuses on developing antibody-drug conjugates (ADCs) to treat hematological malignancies and solid tumors.

What is ZYNLONTA?

ZYNLONTA® (loncastuximab tesirine-lpyl) is a CD19-directed antibody drug conjugate approved for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) after two or more lines of systemic therapy.

Where is ADC Therapeutics headquartered?

ADC Therapeutics is headquartered in Lausanne, Vaud, Switzerland.

What recent developments has ADC Therapeutics announced?

Recent developments include the completion of dose escalation in the LOTIS-7 trial and promising Phase 2 data for ZYNLONTA in relapsed/refractory marginal zone lymphoma.

What are some of the product candidates in ADC Therapeutics' pipeline?

Some of the product candidates include camidanlumab tesirine, ADCT-602, ADCT-601, ADCT-901, ADCT-701, and ADCT-212.

How did ZYNLONTA perform financially in the first quarter of 2024?

ZYNLONTA generated net sales of $17.8 million in the first quarter of 2024.

Does ADC Therapeutics have international operations?

Yes, ADC Therapeutics has operations in London, the San Francisco Bay Area, and New Jersey.

What are the strategic goals of ADC Therapeutics?

The strategic goals include advancing their proprietary ADC technology to improve cancer treatment outcomes and expanding their product portfolio in both hematologic malignancies and solid tumors.

How can I learn more about ADC Therapeutics?

For more information, visit their website at https://adctherapeutics.com/ and follow them on LinkedIn.

Who is the current Chief Executive Officer of ADC Therapeutics?

Ameet Mallik is the current Chief Executive Officer of ADC Therapeutics.

ADC Therapeutics SA

NYSE:ADCT

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207.88M
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21.03%
63.14%
3.27%
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