ADC Therapeutics SA (ADCT)

NYSE: ADCT · IEX Real-Time Price · USD
4.490
+0.290 (6.90%)
At close: Mar 28, 2024, 4:00 PM
4.650
+0.160 (3.56%)
After-hours: Mar 28, 2024, 7:19 PM EDT
6.90%
Market Cap 346.62M
Revenue (ttm) 69.56M
Net Income (ttm) -240.05M
Shares Out 82.53M
EPS (ttm) -2.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 977,894
Open 4.360
Previous Close 4.200
Day's Range 4.342 - 5.010
52-Week Range 0.360 - 6.040
Beta 1.76
Analysts Buy
Price Target 7.00 (+55.9%)
Earnings Date Mar 13, 2024

About ADCT

ADC Therapeutics SA focuses on advancing its proprietary antibody drug conjugate (ADC) technology platform to transform the treatment paradigm for patients with hematologic malignancies and solid tumors. Its flagship product is ZYNLONTA, a CD19-directed ADC, received accelerated approval from the U.S. Food and Drug Administration and conditional approval from the European Commission for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) after two or more lines of systemic therapy. The company is also seeking to contin... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date May 15, 2020
Employees 273
Stock Exchange NYSE
Ticker Symbol ADCT
Full Company Profile

Financial Performance

In 2023, ADCT's revenue was $69.56 million, a decrease of -66.86% compared to the previous year's $209.91 million. Losses were -$240.05 million, 52.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ADCT stock is "Buy." The 12-month stock price forecast is $7.0, which is an increase of 55.90% from the latest price.

Price Target
$7.0
(55.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ADC Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Updates

ZYNLONTA® (loncastuximab tesirine-lpyl) net sales of $16.6 million in 4Q 2023 and $69.1 million for full year (FY) 2023; 4Q sales grew sequentially in both academic and community settings

15 days ago - GlobeNewsWire

ADC Therapeutics to Participate in the Guggenheim 5th Annual Healthy Altitudes Summit

LAUSANNE, Switzerland, March 06, 2024 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) announced today that Ameet Mallik, Chief Executive Officer, will participate in a fireside chat at the Guggen...

22 days ago - GlobeNewsWire

ADC Therapeutics to Host Fourth Quarter and Year-End 2023 Financial Results Conference Call on March 13, 2024

LAUSANNE, Switzerland, March 06, 2024 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that it will host a conference call and live webcast on Wednesday, March 13, 2024, at 8:30 a....

22 days ago - GlobeNewsWire

ADC Therapeutics Announces Abstracts Accepted for Presentation at the American Association for Cancer Research (AACR) Annual Meeting

Preclinical data support future clinical development of ADCs targeting Claudin-6 and NaPi2b Additional presentations include clinical and independent preclinical studies evaluating ADCT-601 targeting ...

23 days ago - GlobeNewsWire

ADC Therapeutics to Participate in the TD Cowen 44th Annual Health Care Conference

LAUSANNE, Switzerland, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) announced today that Ameet Mallik, Chief Executive Officer, will present a company overview at the TD Cowen 44...

4 weeks ago - GlobeNewsWire

Biotech and pharma companies are betting on a promising class of cancer drugs to drive growth

The JPMorgan Healthcare Conference was likely just the beginning of another year of heightened interest and investments in ADC cancer drugs.

Other symbols: PFE
2 months ago - CNBC

ADC Therapeutics Regains Compliance with NYSE Continued Listing Standards

LAUSANNE, Switzerland, Jan. 04, 2024 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that it received a notice from the New York Stock Exchange (NYSE) on January 2, 2024 that the ...

3 months ago - GlobeNewsWire

ADC Therapeutics Provides Business Updates

ZYNLONTA® 1 4Q 2023 net sales expected to be ~$16.5 million, a double-digit percentage increase as compared to 3Q 2023

3 months ago - GlobeNewsWire

ADC Therapeutics Announces Initial Results from Investigator-Initiated Phase 2 Clinical Trial Evaluating ZYNLONTA® in Combination with Rituximab in Patients with Relapsed/Refractory Follicular Lymphoma (FL)

Combination demonstrated clinically meaningful benefit in r/r FL patients with 96% overall response rate and 85% complete response rate

3 months ago - GlobeNewsWire

Myricx Bio Appoints Dr Chris Martin, Biotech Entrepreneur and ADC Pioneer, as Chairman of its Board of Directors

LONDON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Myricx Bio (‘Myricx'), a UK biotech company focused on the discovery and development of a completely novel class of antibody-drug conjugate (ADC) payloads bas...

4 months ago - GlobeNewsWire

ADC Therapeutics Receives NYSE Notice of Non-Compliance With Continued Listing Standards

LAUSANNE, Switzerland, Nov. 07, 2023 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that on October 10, 2023, it received a notice from the New York Stock Exchange (NYSE) that th...

5 months ago - GlobeNewsWire

ADC Therapeutics Reports Third Quarter 2023 Financial Results and Provides Business Updates

3Q 2023 ZYNLONTA® 1 net sales of $14.3 million reflect disruption following restructuring of commercial organization, increased competition and higher gross-to-net deductions

5 months ago - GlobeNewsWire

ADC Therapeutics to Participate in the Jefferies London Healthcare Conference

LAUSANNE, Switzerland, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that Ameet Mallik, Chief Executive Officer, will participate in a fireside chat at the Jefferi...

5 months ago - GlobeNewsWire

ADC Therapeutics Announces Abstracts Accepted for Presentation at the 65th ASH Annual Meeting

Presentations to highlight clinical utility of ZYNLONTA® (loncastuximab tesirine-lpyl) as a single agent and in combination

5 months ago - GlobeNewsWire

ADC Therapeutics to Host Third Quarter 2023 Financial Results Conference Call on November 7, 2023

LAUSANNE, Switzerland, Oct. 24, 2023 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that it will host a conference call and live webcast on Tuesday, November 7, 2023 at 8:30 a.m....

5 months ago - GlobeNewsWire

Myricx Expands its ADC Expertise with the Appointment of Francesca Zammarchi as CSO

LONDON, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Myricx Bio (‘Myricx'), a UK biotech company focusing on the discovery and development of a completely novel class of selectively cytotoxic payloads for antibo...

6 months ago - GlobeNewsWire

ADC Therapeutics to Participate in September Investor Conferences

LAUSANNE, Switzerland, Sept. 05, 2023 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that Ameet Mallik, Chief Executive Officer, will participate in two investor conferences in S...

7 months ago - GlobeNewsWire

ADC Therapeutics Announces Updates on ZYNLONTA® LOTIS Clinical Trial Programs at the Eleventh Annual Meeting of the Society of Hematologic Oncology (SOHO 2023)

LOTIS-5: Updated safety run-in results from Phase 3 trial demonstrate 80% ORR, 50% CR rate and median DoR of 8 months with no new safety signals

7 months ago - GlobeNewsWire

ADC Therapeutics Reports Second Quarter 2023 Financial Results and Provides Business Updates

2Q 2023 ZYNLONTA® 1 net sales increased 11% year-over-year; Implemented new go-to-market strategy during the quarter to support growth

8 months ago - GlobeNewsWire

ADC Therapeutics to Host Second Quarter 2023 Financial Results Conference Call on August 8, 2023

LAUSANNE, Switzerland, Aug. 01, 2023 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced that it will host a conference call and live webcast on Tuesday, August 8, 2023 at 8:30 a.m. E...

8 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ADC Therapeutics SA - ADCT

NEW YORK , July 25, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ADC Therapeutics SA ("ADC" or the "Company") (NYSE: ADCT). Such investors are advised to contac...

8 months ago - PRNewsWire

Overland ADCT BioPharma Announces NMPA Accepts Biologics License Application and Grants Priority Review for ZYNLONTA® for Treatment of Relapsed or Refractory Diffuse Large B-cell Lymphoma

BOSTON and SHANGHAI, China and LAUSANNE, Switzerland, July 24, 2023 (GLOBE NEWSWIRE) -- Overland ADCT BioPharma, a joint venture of Overland Pharmaceuticals (CY) Inc. and ADC Therapeutics SA (NYSE: AD...

8 months ago - GlobeNewsWire

ADC Therapeutics pauses enrolment in mid-stage trial for cancer therapy

ADC Therapeutics said on Tuesday it had paused enrollment of new patients in a mid-stage study evaluating its drug Zynlonta along with rituximab for treating a type of blood cancer over safety concern...

9 months ago - Reuters

ADC Therapeutics Announces Voluntary Pause of Enrollment in the Phase 2 LOTIS-9 Clinical Trial of ZYNLONTA® (loncastuximab tesirine-lpyl) and Rituximab in Unfit or Frail Previously Untreated DLBCL Patients

LAUSANNE, Switzerland, July 11, 2023 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today announced a voluntary pause in the enrollment of new patients in the Phase 2 LOTIS-9 clinical trial (Cli...

9 months ago - GlobeNewsWire

ADC Therapeutics Announces Evolution of Board of Directors

Strengthens the Board with the election of Robert W. Azelby as director Board will be comprised of nine directors; gratitude expressed for contributions of outgoing directors LAUSANNE, Switzerland, Ju...

10 months ago - GlobeNewsWire