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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) 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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ADC Therapeutics CEO, Ameet Mallik, to participate in a fireside chat at the Jefferies London Healthcare Conference on November 14th. The webcast will be available on the company's website.
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ADC Therapeutics announced that abstracts on ZYNLONTA® have been accepted for presentation at the 65th ASH Annual Meeting. The presentations will highlight the clinical utility of ZYNLONTA as a single agent and in combination with other treatments. Initial results of a Phase 2 study evaluating ZYNLONTA in combination with rituximab in patients with relapsed or refractory follicular lymphoma will also be presented. The combination showed a 95% overall response rate at week 12 and an 86% metabolic complete response rate at week 21.
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ADC Therapeutics to host conference call and webcast to report Q3 2023 financial results and provide business updates
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ADC Therapeutics CEO to participate in investor conferences in September.
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ADC Therapeutics announces updated safety run-in results from Phase 3 trial and study design of LOTIS-7 trial for ZYNLONTA® at SOHO 2023
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ADC Therapeutics SA (ADCT) reported an 11% increase in ZYNLONTA net sales in the second quarter of 2023, reaching $19.2 million. Operating expenses decreased by 20% year-over-year, and the company's pipeline is advancing with data readouts from clinical trials expected in 2024. The company also announced its plan to discontinue the Phase 2 LOTIS-9 trial for ZYNLONTA. Despite these developments, the company's net loss was $47.1 million for the quarter, compared to $64.4 million in the same quarter of 2022.
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ADC Therapeutics SA (ADCT) to host conference call and webcast to report Q2 2023 financial results and business updates
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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 $1.7 as of January 22, 2025.

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

The market cap of ADC Therapeutics SA (ADCT) is approximately 166.3M.

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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166.31M
72.20M
20.64%
61.6%
4.26%
Biotechnology
Pharmaceutical Preparations
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