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ADC Therapeutics SA reports news on its commercial-stage oncology business focused on antibody-drug conjugates. The company markets ZYNLONTA (loncastuximab tesirine-lpyl), a CD19-directed ADC with FDA accelerated approval and European Commission conditional approval for relapsed or refractory diffuse large B-cell lymphoma after two or more lines of systemic therapy.
Recurring updates cover ZYNLONTA product revenue, manufacturing and commercialization activity, clinical development in combination regimens and earlier lines of therapy, including LOTIS program studies, and corporate financing matters. Company news also includes quarterly financial results, investor presentations, conference participation and equity inducement grants under its compensation plans.
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PharmaVentures has announced the opening of a new office in Seoul, South Korea, as part of its strategic expansion to support Korean biopharma companies. JungHyun Eom will be based in Seoul, enhancing the firm's engagement with the rapidly growing Korean biotech sector. With over 30 years of experience, PharmaVentures has successfully facilitated over 40 transactions linking Western pharma with Korean innovators. The firm also collaborates with Korean government institutions and financial groups to bolster the global presence of the Korean biopharma industry.
ADC Therapeutics (NYSE: ADCT) has filed its Annual Report on Form 20-F with the SEC for the fiscal year ending December 31, 2022. This report is accessible on the SEC's website and the company's investor site. ADC Therapeutics is focused on advancing targeted antibody drug conjugates (ADCs), particularly ZYNLONTA, which is FDA-approved for treating relapsed or refractory diffuse large B-cell lymphoma. The company is also developing multiple ADCs in clinical and preclinical phases. Looking ahead, forward-looking statements highlight potential risks, including achieving sales guidance and managing operational expenses.