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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 SA (NYSE: ADCT) CEO to participate in a fireside chat at Guggenheim 5th Annual Healthy Altitudes Summit. Webcast details provided for investor access.
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ADC Therapeutics SA (NYSE: ADCT) will host a conference call to report financial results for Q4 and year-end 2023, along with business updates.
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ADC Therapeutics SA announces acceptance of abstracts for presentation at AACR Annual Meeting, showcasing preclinical data supporting future clinical development of ADCs targeting Claudin-6 and NaPi2b, along with independent studies on ADCT-601 targeting AXL.
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ADC Therapeutics SA (ADCT) CEO to present at TD Cowen 44th Annual Health Care Conference. Live webcast available on company's website.
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ADC Therapeutics SA (ADCT) regains compliance with NYSE listing minimum price criteria, averting potential delisting. The company's common shares closed above $1.00, resolving the previous noncompliance issue.
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ADC Therapeutics SA (ADCT) expects 4Q 2023 net sales of ZYNLONTA to be ~$16.5 million, with positive clinical trial results and a cash runway into 4Q 2025.
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ADC Therapeutics SA (ADCT) announced that ZYNLONTA® in combination with rituximab demonstrated a 96% overall response rate and 85% complete response rate in patients with relapsed or refractory follicular lymphoma. The data was presented at the 65th American Society of Hematology Annual Meeting and Exposition.
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Sobi® to Present New Data at ASH 2023 Annual Meeting: Sobi is proud to present new data at the 65th Annual Meeting of the American Society of Hematology (ASH) in San Diego. The presentation will cover analyses in patients with haemophilia A, paroxysmal nocturnal hemoglobinuria, immune thrombocytopenia, relapsed or refractory diffuse large B-cell lymphoma, myelofibrosis, and haemophagocytic lymphohistiocytosis. The company will introduce Efanesoctocog Alfa for haemophilia A, Empaveli for paroxysmal nocturnal hemoglobinuria, and Doptelet for immune thrombocytopenia. The presentation will also include data on Zynlonta for relapsed or refractory diffuse large B-cell lymphoma, Vonjo for myelofibrosis, and Gamifant for haemophagocytic lymphohistiocytosis.
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ADC Therapeutics SA (NYSE: ADCT) received a notice from the NYSE for not meeting the minimum share price requirement but has a six-month cure period to regain compliance.
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ADC Therapeutics reported $14.3 million in net sales for ZYNLONTA® in 3Q 2023, a 33.1% decrease from 3Q 2022. Operating expenses decreased 23% year-over-year. The company expects cash runway into mid-2025. The prioritized pipeline is progressing, with initial data readouts from LOTIS-7 and studies of ADCT-601 and ADCT-901 expected in 1H 2024.
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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
72.20M
21.03%
63.14%
3.27%
Biotechnology
Pharmaceutical Preparations
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