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Adocia Stock Price, News & Analysis

ADOCY OTC

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

Adocia (ADOCY) news coverage spans the company's clinical development milestones, partnership announcements, and financial updates as this French biotechnology company advances its diabetes and metabolic disease pipeline. As a clinical-stage biotech focused on reformulating therapeutic proteins, Adocia's news flow centers on trial readouts, regulatory interactions, and collaboration developments with pharmaceutical partners.

Investors following ADOCY track news related to the company's BioChaperone technology platform, which underpins its ultra-rapid insulin programs and combination therapy candidates. Clinical trial results, particularly pharmacokinetic and pharmacodynamic data from Phase 1 and Phase 2 studies, represent significant catalysts that demonstrate whether Adocia's formulations perform better than existing treatments.

Partnership announcements carry particular weight for Adocia given its licensing-focused business model. News about agreements with larger pharmaceutical companies, milestone achievements, and collaboration expansions directly impacts the company's financial trajectory and validates its technology platform. Investor relations updates, including shareholder meeting notices and voting rights disclosures, reflect the company's European listing requirements.

Financial news covers quarterly cash position updates, annual results, and capital raises that fund ongoing research activities. For a clinical-stage company without commercial products, cash runway and funding announcements help investors assess Adocia's ability to advance its pipeline to value-creating milestones. Bookmark this page to follow Adocia's journey through clinical development and partnership activities.

Rhea-AI Summary

Adocia, based in Lyon, France, is a clinical-stage biopharmaceutical company focused on diabetes and metabolic diseases. The company announced its financial calendar for 2023, including key dates for revenue and financial statement publications. Important dates are:

  • March 15: 2022 financial statements
  • April 25: Q1 2023 revenue
  • July 25: Q2 2023 revenue
  • September 18: mid-year financial statements
  • October 25: Q3 2023 revenue
Adocia is listed on Euronext Paris under the symbol ADOC.

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Adocia announced positive results for BioChaperone Lispro in a Phase 1 study, confirming its accelerated absorption and efficacy compared to traditional insulin lispro. The ongoing Phase 3 studies are the last steps before submitting a marketing authorization application to Chinese authorities. BioChaperone Lispro, expected to be the first ultra-rapid insulin marketed in China by a domestic company, aims to improve the lives of over 20 million daily insulin users in a market worth over $5 billion.

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Adocia (Euronext: ADOC) announces its participation in several investor events in January 2023, focusing on diabetes and metabolic disease treatments. Events include the ODDO BHF Forum (Jan 9-10, virtual) and the JPM 2023 Healthcare Meeting (Jan 9-12, San Francisco). Additionally, Olivier Soula, Deputy CEO, will present at the Biotech Showcase (Jan 9-11, San Francisco) on Jan 10, discussing innovations in diabetes and the company's clinical programs. Adocia specializes in therapeutic solutions for metabolic diseases.

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Adocia announced a EUR 6 million financing operation, enhancing its cash position to EUR 20.7 million. This funding will support the development of promising diabetes treatments, M1Pram and AdoShell Islets. The company anticipates significant revenue from a partnership with Tonghua Dongbao, with potential milestones totaling USD 80 million. Notable progress includes M1Pram's weight loss results in Type 1 diabetes patients and AdoShell Islets achieving insulin independence in diabetic rats. Adocia aims to secure at least one license agreement for these projects to bolster financial stability.

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Adocia reported a strong financial performance for Q3 2022, achieving a cash position of EUR 20.1 million and collaboration revenues of EUR 2.3 million, significantly up from EUR 0.4 million in Q3 2021. The firm highlighted advancements in its product portfolio, particularly M1Pram, which showed promising weight loss and glycemic control in a Phase 2 study. Additionally, AdoShell® Islets achieved a world-first in treating Type 1 diabetes without immunosuppressants. Total revenue reached EUR 9.8 million for the year-to-date, compared to 0.9 million in 2021.

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Adocia has announced positive results from its Phase 2 study of M1Pram for obese patients with type 1 diabetes. Patients experienced an average weight loss of 5.5 kg at 16 weeks, significantly more than those on Humalog®. M1Pram also provided comparable glycemic control, maintaining HbA1c levels and Time-In-Range. The study indicated better appetite control in 82.4% of M1Pram users. Notably, M1Pram could reduce daily prandial insulin doses by 21%, marking it as a potential treatment option for obesity in type 1 diabetes.

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Adocia, a clinical-stage biopharmaceutical company, will participate in key investor events in Paris, including Investor Access on October 6-7, 2022, and Biotech Agora on November 3, 2022. The management will present updates on clinical advancements in programs like BioChaperone Lispro and discuss innovative technologies AdoShell and AdOral. Based in Lyon, Adocia specializes in diabetes and metabolic disease treatments and holds over 25 patents related to its drug candidates.

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FAQ

What is the market cap of Adocia (ADOCY)?

The market cap of Adocia (ADOCY) is approximately 170.4M.
Adocia

OTC:ADOCY

ADOCY Rankings

ADOCY Stock Data

170.44M
10.54M
Biotechnology
Healthcare
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France
Lyon