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ADC Therapeutics to Participate in the 24th Annual Needham Virtual Healthcare Conference
Prnewswire· 2025-04-01 11:15
Company Overview - ADC Therapeutics SA is a commercial-stage global leader in the field of antibody drug conjugates (ADCs) [3] - The company is focused on transforming treatment paradigms for patients with hematologic malignancies and solid tumors [3] Recent Developments - CEO Ameet Mallik will present a company overview at the 24th Annual Needham Virtual Healthcare Conference on April 8, 2025, at 8:00 a.m. ET [1] - A live webcast of the presentation will be available on the company's website, with a replay accessible for approximately 30 days [2] Product Pipeline - ADC Therapeutics' CD19-directed ADC ZYNLONTA (loncastuximab tesirine-lpyl) has received accelerated approval from the FDA and conditional approval from the European Commission for treating relapsed or refractory diffuse large B-cell lymphoma after two or more lines of systemic therapy [4] - ZYNLONTA is also being developed in combination with other agents and in earlier lines of therapy [4] - The company has multiple ADCs in ongoing clinical and preclinical development [4] Company Operations - ADC Therapeutics is headquartered in Lausanne, Switzerland, with operations in London, the San Francisco Bay Area, and New Jersey [5]
4 Top Dividend Stocks Yielding Around 4% to Buy Without Hesitation in April
The Motley Fool· 2025-04-01 08:46
However, several companies offer higher-yielding payouts for those seeking a bit more dividend income. Here are four top dividend stocks yielding around 4% these days that you can confidently buy for dividend income this April. Agree Realty Agree Realty (ADC 1.16%) has a 4% dividend yield. The real estate investment trust (REIT) focuses solely on owning single-tenant net lease and ground lease retail properties. Those lease structures provide very stable cash flow. Meanwhile, the REIT pays very close attent ...
Agree Realty Announces $625 Million Commercial Paper Program
Prnewswire· 2025-03-31 20:05
Core Viewpoint - Agree Realty Corporation has launched its inaugural commercial paper program, allowing the issuance of up to $625 million in short-term, unsecured commercial paper notes to enhance its capital structure and provide liquidity for general corporate purposes [1][2]. Company Overview - Agree Realty Corporation is a publicly traded real estate investment trust (REIT) focused on acquiring and developing properties leased to leading omni-channel retail tenants. As of December 31, 2024, the company owned 2,370 properties across all 50 states, totaling approximately 48.8 million square feet of gross leasable area [4]. Financial Strategy - The commercial paper program is expected to diversify and strengthen the company's balance sheet by providing an additional source of short-term capital. The company anticipates cost benefits from the commercial paper market compared to its existing $1.25 billion revolving credit facility, which will serve as a liquidity backstop for the repayment of the notes issued [2].
Why Agree Realty Is A Buy And Hold For Retirement Income
Seeking Alpha· 2025-03-29 18:39
Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - New investors often seek to outperform the market, which can lead to aggressive capital allocation with less downside protection [2] - The article emphasizes a defensive investment approach with a medium- to long-term horizon [2]
Agree Realty: Is This Retail REIT Still A Buy After Sustained Rally? (Rating Downgrade)
Seeking Alpha· 2025-03-29 03:59
Core Viewpoint - Agree Realty (NYSE: ADC) has experienced a nearly 9% increase year-to-date on a total return basis, contrasting with the broader downturn affecting REITs due to a significantly narrower outlook for Federal Reserve rate cuts in 2025 and rising long-term US yields [1] Group 1 - The equity market serves as a powerful mechanism where daily price fluctuations can lead to substantial wealth creation or destruction over the long term [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued yet high-growth companies, high-dividend stocks, REITs, and green energy firms [1]
ADC Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Operational Update
Prnewswire· 2025-03-27 11:30
Core Insights - ADC Therapeutics reported significant progress in clinical trials for ZYNLONTA, with a 94% overall response rate (ORR) and a 72% complete response (CR) rate in the LOTIS-7 Phase 1b trial [1][5] - The company completed enrollment in the LOTIS-5 Phase 3 trial, with data updates expected in late 2025 [1][5] - Financial results for Q4 and full year 2024 showed a net product revenue of $16.4 million for Q4 and $69.3 million for the full year, indicating a slight increase compared to 2023 [8][22] Operational Updates - The LOTIS-7 trial demonstrated promising initial data, with 94% ORR and 72% CR in patients with relapsed or refractory non-Hodgkin lymphoma [5] - Enrollment for the LOTIS-5 trial was completed in December 2024, with data updates anticipated once progression-free survival (PFS) events are reached [5] - The company is also advancing its early research solid tumor program to the IND-enabling stage [2] Financial Performance - Q4 2024 net product revenues were $16.4 million, compared to $16.6 million in Q4 2023, while full-year revenues increased from $69.1 million in 2023 to $69.3 million in 2024 [8][22] - Research and development expenses decreased to $27.1 million for Q4 2024 from $30.3 million in Q4 2023, and full-year expenses dropped from $127.1 million to $109.6 million [8][22] - The net loss for Q4 2024 was $30.7 million, a significant reduction from $85.0 million in Q4 2023, and the full-year net loss decreased from $240.1 million to $157.8 million [8][22] Cash Position - As of December 31, 2024, the company had $250.9 million in cash and cash equivalents, down from $278.6 million in 2023, providing a runway expected to fund operations into the second half of 2026 [1][8]
ADC Therapeutics: Promise Remains, But Fortunes Rest On Success Of Single Trial In 2025
Seeking Alpha· 2025-03-25 03:08
Group 1 - ADC Therapeutics is positioned in the large B-cell lymphoma market with its antibody-drug conjugate [1] - The company has previously shown optimism in its market positioning, leading to a rally in stock price [1] - The author has a background in biochemistry and experience in analyzing clinical trials and biotech companies, emphasizing the importance of understanding the science behind investments [1]
Innovent Dosed First Participant in Phase 3 Clinical Study of IBI354 (Novel HER2 ADC) for Platinum-resistant Ovarian Cancer
Prnewswire· 2025-03-24 00:00
Core Viewpoint - Innovent Biologics has initiated the first participant dosing in a Phase 3 clinical trial (HeriCare-Ovarian01) for IBI354, targeting platinum-resistant ovarian cancer with HER2 expression, addressing an urgent medical need in this patient population [1][2][8]. Company Overview - Innovent Biologics is a biopharmaceutical company focused on developing high-quality medicines for various diseases, including oncology, cardiovascular, and autoimmune conditions [1][13]. - The company has launched 15 products and has multiple assets in various stages of clinical trials, indicating a robust pipeline and commitment to innovation [13]. Clinical Trial Details - The HeriCare-Ovarian01 trial is the first Phase 3 study in China for platinum-resistant ovarian cancer with HER2 expression, evaluating the safety and efficacy of IBI354 against standard chemotherapy [2][5]. - The primary endpoints of the trial include progression-free survival (PFS) and overall survival (OS) [2]. Previous Study Results - In a prior Phase 1/2 study, IBI354 demonstrated a 40.2% overall objective response rate (ORR) and an 81.6% disease control rate (DCR) among participants with platinum-resistant ovarian cancer [7]. - Notably, the ORR reached 52.5% and DCR 90.0% in patients treated with a 12 mg/kg dose [7]. Safety Profile - IBI354 has shown an excellent safety profile, with a low incidence of treatment-related adverse events (TRAEs) and no dose-limiting toxicities reported up to an 18 mg/kg dose [7][4]. - The most common TRAEs included nausea and decreased white blood cell count, with a very low incidence of interstitial lung disease [7]. HER2 Targeting - Approximately 38% of ovarian cancer patients express HER2, and there are currently no approved anti-HER2 treatments for this condition in China, highlighting the potential market opportunity for IBI354 [9][10]. - IBI354 is an innovative HER2-targeted antibody-drug conjugate developed using a proprietary platform, showcasing promising safety and efficacy signals [10][11]. Future Development - Innovent plans to expand the development of IBI354 to multiple solid tumor indications beyond ovarian cancer, indicating a strategic focus on broadening its therapeutic applications [12].
Agree Realty: The Quality Speaks For Itself
Seeking Alpha· 2025-03-23 06:47
Group 1 - Agree Realty (NYSE: ADC) is highlighted as a strong investment within the REIT sector, particularly due to purchases made in the first half of 2024 [1] - The author emphasizes the importance of dividend investing as a pathway to financial freedom, leveraging experience in M&A and business valuation [2] - The focus of the author's investment strategy includes sectors such as tech, real estate, software, finance, and consumer staples, which form the core of the portfolio [2] Group 2 - The article expresses a beneficial long position in ADC shares, indicating confidence in the investment [3] - There is a clear intention to share insights and experiences related to dividend investing to help others in their financial journeys [2] - The content does not provide specific investment recommendations or advice, maintaining a neutral stance on investment suitability [4][5]
ADC Therapeutics to Host Fourth Quarter and Year-End 2024 Financial Results Conference Call on March 27, 2025
Prnewswire· 2025-03-20 11:15
Core Insights - ADC Therapeutics SA is a global leader in antibody drug conjugates (ADCs) and will host a conference call on March 27, 2025, to report financial results for Q4 and the year ended December 31, 2024 [1][2] - The company is advancing its proprietary ADC technology to improve treatment for patients with hematologic malignancies and solid tumors [3] - ADC Therapeutics' ZYNLONTA (loncastuximab tesirine-lpyl) has received accelerated approval from the FDA and conditional approval from the European Commission for treating relapsed or refractory diffuse large B-cell lymphoma [4] Company Overview - ADC Therapeutics is based in Lausanne, Switzerland, with operations in London and New Jersey [5] - The company is focused on developing multiple ADCs that are currently in clinical and preclinical stages [4] Upcoming Events - The conference call will provide operational updates and is accessible via a live webcast on the company's investor relations website [2]