financetom
Business
financetom
/
Business
/
Update: ADC Shares Rise After Company Completes Enrollment in Late-Stage Zynlonta Combination Trial
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: ADC Shares Rise After Company Completes Enrollment in Late-Stage Zynlonta Combination Trial
Dec 31, 2024 11:49 AM

02:15 PM EST, 12/31/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph)

ADC Therapeutics ( ADCT ) gained as much as 4.2% in intraday trading Tuesday after the company said it had completed patient enrollment in its phase 3 confirmatory trial of Zynlonta in combination with rituximab in patients with relapsed or refractory diffuse large B-cell lymphoma.

"We anticipate sharing topline results of the primary endpoint analysis by the end of 2025 once the pre-specified number of events is reached and potentially submitting our supplemental BLA to the US Food and Drug Administration in the first quarter of 2026," said Chief Medical Officer Mohamed Zaki in a statement late Monday.

The stock was up 0.8% in recent trading.

Price: 1.91, Change: +0.01, Percent Change: +0.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Alliance Laundry Q3 Adjusted Earnings, Revenue Rise
Alliance Laundry Q3 Adjusted Earnings, Revenue Rise
Nov 13, 2025
07:11 AM EST, 11/13/2025 (MT Newswires) -- Alliance Laundry ( ALH ) reported Q3 adjusted earnings Thursday of $0.28 per share, up from $0.19 a year earlier. An analyst surveyed by FactSet expected $0.22. Net revenue for the quarter ended Sept. 30 was $437.6 million, up from $384.3 million. Analysts polled by FactSet expected $423.5 million. ...
Aura Biosciences Q3 net loss widens as R&D costs rise
Aura Biosciences Q3 net loss widens as R&D costs rise
Nov 13, 2025
Overview * Aura Biosciences ( AURA ) reports Q3 net loss of $26.1 mln, up from $21.0 mln last year * R&D expenses rise to $22.2 mln due to ongoing clinical trials Outlook * Aura expects Phase 3 CoMpass trial enrollment completion in 2026 * Topline data for CoMpass trial expected in Q4 2027 * Phase 1b/2 trial data for...
Medical aesthetic device maker Venus Concept's Q3 revenue misses
Medical aesthetic device maker Venus Concept's Q3 revenue misses
Nov 13, 2025
Overview * Venus Concept Q3 2025 revenue down 8% yr/yr, missing analyst expectations * Net loss widened to $22.5 mln in Q3, compared to $9.3 mln last year * Company completed debt-to-equity exchange, reducing debt by 24% Outlook * Company is not providing financial guidance for fiscal year 2025 * Company targets sequential growth in Q4 with Venus NOVA launch...
GoHealth Q3 revenue misses estimates on reduced Medicare Advantage volume
GoHealth Q3 revenue misses estimates on reduced Medicare Advantage volume
Nov 13, 2025
Overview * GoHealth Q3 2025 revenue declines 71% yr/yr, missing analyst expectations * Adjusted EBITDA for Q3 misses estimates, reflecting strategic pullback in Medicare Advantage * Company focuses on retention and quality amid changing Medicare market dynamics Outlook * Company secured superpriority term loan facility to enable strategic flexibility Result Drivers * MEDICARE ADVANTAGE PULLBACK - Co reduced Medicare Advantage...
Copyright 2023-2025 - www.financetom.com All Rights Reserved