other material
confidence high
sentiment neutral
materiality 0.65
ADC Therapeutics reports preliminary ZYNLONTA Q4 net sales ~$16.5M; cash ~$278.5M
ADC Therapeutics SA
- Preliminary ZYNLONTA Q4 2023 net sales ~$16.5M, double-digit percentage increase from Q3 2023.
- Cash and cash equivalents ~$278.5M at Q4-end; cash runway extended to Q4 2025 (prev. mid-2025).
- LOTIS-7 combo trial cleared first dosing cohort with no DLT; first 5 evaluable patients all showed response.
- ADCT-601 (AXL) reached MTD; early antitumor activity in monotherapy and combination; dose optimization ongoing.
- Discontinued ADCT-901 (KAAG1) due to limited efficacy; reallocating capital to prioritized pipeline programs.