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Adaptive Biotechnologies - ADPT STOCK NEWS

Welcome to our dedicated page for Adaptive Biotechnologies news (Ticker: ADPT), a resource for investors and traders seeking the latest updates and insights on Adaptive Biotechnologies stock.

Overview of Adaptive Biotechnologies (ADPT)

Adaptive Biotechnologies is a commercial-stage biotechnology organization that specializes in NGS-based immune diagnostics and innovative clinical solutions. Located in major biotech hubs in Seattle, Washington and South San Francisco, California, the company leverages high-throughput sequencing and state-of-the-art computational infrastructure to decode the complexities of the adaptive immune system. This robust platform allows for in-depth analysis of T-cell and B-cell repertoires, positioning the company as a pioneer in the field of minimal residual disease (MRD) assessment and immune medicine.

Core Business and Technological Innovation

At its core, Adaptive Biotechnologies is dedicated to transforming healthcare by decoding the genetic makeup of the adaptive immune response. Its breakthrough technology, which is both patent-pending and highly innovative, enables precise and comprehensive measurement of key immune markers. The company’s flagship clinical diagnostic product, clonoSEQ, serves as a powerful tool for detecting and monitoring MRD in lymphoid malignancies. This high sensitivity test supports not only clinical decision-making in oncology but also plays a significant role in the design and evaluation of new therapeutic regimes.

Business Segments and Revenue Model

Adaptive Biotechnologies operates across two principal business segments: Minimal Residual Disease (MRD) diagnostics and Immune Medicine. Each segment uses the company’s proprietary immune medicine platform to deliver critical insights into patient-specific immune responses. Revenue generation is primarily driven by the sale of clinical diagnostic services, laboratory-developed tests, and partnerships with biopharmaceutical firms involved in drug development and clinical trials. This dual model not only enhances the company’s strategic positioning in the biotech industry but also reinforces its commitment to personalized medicine and precision diagnostics.

Clinical Impact and Industry Significance

The importance of Adaptive’s technologies is underscored by its significant contributions to oncological and immunological diagnostics. The clonoSEQ test, for example, is widely recognized for its role in MRD testing across a variety of blood cancers including multiple myeloma, B-cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia. The ability to detect MRD with high precision allows oncologists to monitor treatment responses more effectively, assess the depth of remission, and make informed clinical decisions. Furthermore, the company’s integration with clinical trial methodologies underscores its role in advancing precision medicine and streamlining the development of new drugs.

Collaborations and Market Position

Recognizing the complexity and interdisciplinary nature of modern medicine, Adaptive Biotechnologies collaborates with numerous academic institutions, major biopharmaceutical companies, and clinical laboratories. These partnerships enhance its operational capabilities and drive innovation in immune-driven diagnostics. In the competitive landscape of diagnostic biotechnology, the company differentiates itself through its rigorous scientific approach, high standards of accuracy, and extensive research validation, as evidenced by a robust portfolio of peer-reviewed studies.

Company Culture and Expertise

Adaptive Biotechnologies is renowned for its culture of collaboration, transparency, and scientific excellence. The company’s workforce is comprised of top-tier scientists and highly skilled professionals who are passionate about driving meaningful advances in medical diagnostics. Emphasizing open communication and shared expertise, the organization fosters an environment where innovation thrives and every contribution is recognized as critical in the mission to improve patient outcomes.

Comprehensive Technological Platform

The cornerstone of Adaptive’s approach is its proprietary immune medicine platform, which integrates advanced sequencing techniques with sophisticated computational analytics. This platform not only supports clinical diagnostics but also accelerates research by providing detailed insights into the genetic diversity of the immune system. By systematically decoding immune responses, Adaptive enables healthcare professionals and researchers to better understand disease mechanisms, optimize therapeutic interventions, and develop novel diagnostic approaches that are tailored to individual patients.

Educational Resources and Industry Leadership

While the company’s innovative solutions are at the forefront of clinical diagnostics, Adaptive Biotechnologies also invests in educational initiatives that enhance the understanding of immune system genetics. Its extensive portfolio of scientific publications and clinical studies serves as a critical resource for clinicians, researchers, and investors alike. This commitment to education and transparency reinforces Adaptive’s role as an authoritative voice in the biotechnology community and supports ongoing advancements in immune medicine.

Conclusion

In summary, Adaptive Biotechnologies stands as a transformative force in the biotechnology and medical diagnostics space. Through its cutting-edge immune medicine platform and its pioneering diagnostic tools such as clonoSEQ, the company continues to redefine how clinicians approach the diagnosis and monitoring of complex diseases. Its strategic collaborations, coupled with a culture of scientific rigor and innovation, position Adaptive as a trusted and influential entity in the evolution of personalized, immune-driven healthcare solutions.

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Adaptive Biotechnologies Corporation (Nasdaq: ADPT) announced its participation in the BofA Securities Healthcare Conference in Las Vegas on May 9, 2023, at 5:00 p.m. Pacific Time. The company will engage in a fireside chat, which interested parties can access via a live and archived webcast on their website.

Adaptive Biotechnologies focuses on translating the genetics of the adaptive immune system into clinical products for diagnosing and treating diseases such as cancer, autoimmune disorders, and infectious diseases. With a proprietary immune medicine platform, the company aims to develop customized clinical products tailored to individual patients, enhancing the efficiency of disease diagnosis and treatment.

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Adaptive Biotechnologies (Nasdaq: ADPT) has announced a strategic collaboration with Takeda to utilize its clonoSEQ® Assay for assessing minimal residual disease (MRD) in patients with hematologic malignancies. The partnership aims to enhance the development and commercialization of Takeda's investigational therapies. This multi-year agreement will incorporate existing and future programs, with Adaptive receiving upfront and potential milestone payments. The clonoSEQ Assay is the only FDA-cleared test specifically for MRD in certain blood cancers, offering high accuracy and sensitivity. Both companies emphasize the importance of MRD assessment in predicting patient outcomes and guiding treatment plans.

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Adaptive Biotechnologies (Nasdaq: ADPT) announced it will report its financial results for the first quarter of 2023 on May 3, 2023, after market close. A conference call will take place at 1:30 p.m. PT / 4:30 p.m. ET, which will be accessible via the company’s website. The company focuses on translating the genetics of the adaptive immune system into clinical products for diagnosing and treating diseases, including cancer and autoimmune disorders. Their proprietary platform aims to unlock the full potential of the immune system, enhancing diagnosis and treatment precision. The company emphasizes its commitment to developing individualized immune-driven clinical products.

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Adaptive Biotechnologies Corporation (Nasdaq: ADPT) announced its participation in the 43rd Annual Cowen Healthcare Conference in Boston, scheduled for March 6, 2023, at 12:50 p.m. Eastern Time. Management will engage in a fireside chat, with an accessible live and archived webcast available on the company’s website. The company focuses on leveraging the adaptive immune system's genetics to develop clinical products for diagnosing and treating diseases like cancer and autoimmune disorders. Their platform aims to transform disease management through precision and speed.

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Adaptive Biotechnologies reported financial results for Q4 and full year 2022, revealing a 20% revenue growth year-over-year, totaling $185.3 million. Q4 revenue reached $55.2 million, a 46% increase from Q4 2021. Key drivers included a 70% surge in MRD revenue and a 54% increase in clonoSEQ test volume. Operating expenses decreased by 5% to $94.4 million, with a net loss of $40.2 million. For 2023, the company aims for revenue between $205 million and $215 million and plans to lower operating expenses. With $498.2 million in cash reserves, Adaptive is positioned for sustainable growth.

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Adaptive Biotechnologies (Nasdaq: ADPT) has announced that it will report its financial results for Q4 and the full year of 2022 on February 14, 2023, after market close. A conference call will follow at 1:30 p.m. PT / 4:30 p.m. ET, which will be available via webcast on the company's website. Adaptive is focused on translating the adaptive immune system's genetics into clinical products for disease diagnosis and treatment. The company aims to leverage its proprietary immune medicine platform to address various diseases, including cancer and autoimmune disorders, emphasizing individualized patient care.

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Adaptive Biotechnologies (Nasdaq: ADPT) announced its participation in the 41st Annual J.P. Morgan Healthcare Conference in San Francisco, scheduled for January 9 at 1:30 PM PT. The presentation will be accessible via a live and archived webcast on the company’s website. Adaptive Biotechnologies focuses on utilizing the adaptive immune system for diagnosing and treating diseases, with products and pipelines aimed at cancer, autoimmune disorders, and infectious diseases. Their proprietary platform enhances drug development and clinical diagnostics.

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Adaptive Biotechnologies Corporation (Nasdaq: ADPT) showcased the effectiveness of its clonoSEQ Assay at the 64th Annual Meeting of the American Society of Hematology (ASH) on December 10-13, 2022. The assay, the only FDA-cleared test for assessing minimal residual disease (MRD) in lymphoid malignancies, demonstrated high accuracy and sensitivity in measuring MRD in blood cancer patients. Over 30 clonoSEQ-related abstracts were presented, supporting its role in guiding treatment decisions and potentially discontinuing maintenance therapy based on MRD results.

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FAQ

What is the current stock price of Adaptive Biotechnologies (ADPT)?

The current stock price of Adaptive Biotechnologies (ADPT) is $7.49 as of April 16, 2025.

What is the market cap of Adaptive Biotechnologies (ADPT)?

The market cap of Adaptive Biotechnologies (ADPT) is approximately 1.1B.

What does Adaptive Biotechnologies do?

Adaptive Biotechnologies specializes in harnessing the adaptive immune system through high-throughput sequencing and advanced computing to develop clinical diagnostics and immune medicine solutions.

What is the primary focus of the company?

The company focuses on developing and commercializing diagnostic tools, such as the clonoSEQ assay, for minimal residual disease (MRD) and expanding its immune medicine platform to aid in precision oncology and immunotherapy.

How does clonoSEQ work?

clonoSEQ is an NGS-based diagnostic test that detects and quantifies residual cancer cells in blood or bone marrow, providing a sensitive measure of disease burden and aiding in treatment monitoring.

What are the key business segments of Adaptive Biotechnologies?

Adaptive operates in two main segments: Minimal Residual Disease (MRD) diagnostics and Immune Medicine, both of which leverage its advanced immune medicine platform for clinical and research applications.

Where is Adaptive Biotechnologies located?

The company is based in major biotech hubs, including Seattle, Washington and South San Francisco, California, positioning it at the heart of global biomedical innovation.

Who are the typical customers of Adaptive Biotechnologies?

Its customers include healthcare providers, clinical laboratories, researchers, and biopharmaceutical companies involved in drug development and clinical research.

How does Adaptive contribute to advancements in personalized medicine?

By leveraging its proprietary immune medicine platform, Adaptive provides detailed insights into the immune system’s genetics, enabling tailored diagnostics and informed treatment decisions in the realm of personalized medicine.

What is the company culture like at Adaptive Biotechnologies?

Adaptive is characterized by a culture of collaboration, scientific rigor, and innovation where openness and teamwork are encouraged to drive breakthroughs in immune diagnostics and patient care.
Adaptive Biotechnologies

Nasdaq:ADPT

ADPT Rankings

ADPT Stock Data

1.11B
143.85M
2.39%
94.01%
5.83%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
SEATTLE