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.
ADC Therapeutics (NYSE:ADCT) reported Q2 2025 financial results and operational updates, highlighting significant progress in their ZYNLONTA® clinical programs. The company's LOTIS-7 trial showed impressive results with 93.3% overall response rate and 86.7% complete response rate in combination with glofitamab for r/r DLBCL patients.
Key financial developments include a $100 million PIPE financing, extending cash runway into 2028, and Q2 2025 net product revenues of $18.1 million. The company reported a net loss of $56.6 million ($0.50 per share). A strategic restructuring plan was announced, reducing global workforce by 30% and discontinuing early development efforts in solid tumors to focus on ZYNLONTA.
The LOTIS-5 Phase 3 trial is expected to reach PFS events by end-2025, with potential sBLA submission in H1 2026. The company's cash position stands at $264.6 million as of June 30, 2025.
ADC Therapeutics (NYSE: ADCT), a commercial-stage leader in antibody drug conjugates, will host its Q2 2025 financial results conference call on August 12, 2025, at 8:30 a.m. EDT. The company will present financial results and provide business updates during the call.
Investors can access the conference via toll-free dial-in at 1-800-836-8184 for North America and Canada. A live webcast will be available on the company's investor relations website, with the recording accessible for 30 days after the event.
ADC Therapeutics (NYSE: ADCT), a commercial-stage leader in antibody drug conjugates, has granted stock options for 127,000 common shares to three new employees as employment inducement awards. The grants were approved by the Company's Compensation Committee under the Inducement Plan.
The options will vest over a four-year period, with 25% vesting on the first anniversary and the remaining vesting monthly thereafter, contingent on continued employment. These grants were made under NYSE's Listed Company Manual Rule 303A.08 employment inducement exemption.
ADC Therapeutics (NYSE: ADCT), a commercial-stage leader in antibody drug conjugates, has granted stock options for 17,000 common shares to one new employee as an employment inducement. The grant was approved by the Company's Compensation Committee under the Inducement Plan.
The options will vest over a four-year period, with 25% vesting on the first anniversary and the remaining vesting monthly thereafter, contingent on continued employment. This grant was made under NYSE's Listed Company Manual Rule 303A.08 employment inducement exemption.
ADC Therapeutics (NYSE: ADCT), a commercial-stage leader in antibody drug conjugates (ADCs), has announced its participation in two upcoming investor conferences. The company's CEO Ameet Mallik will present at the RBC Capital Markets Global Healthcare Conference on May 21, 2025, from 10:30-10:55 a.m. ET, and at the Jefferies Global Healthcare Conference on June 5, 2025, from 9:55-10:25 a.m. ET. Both presentations will be in a fireside chat format and available via webcast on the company's investor relations website, with replays accessible for approximately 30 days after each event.