Adaptive Biotechnologies Stock Price, News & Analysis

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.

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.

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.

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.

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.

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.

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.