Skip to main content

Market Overview

Adaptimmune Soars 250% On Positive Initial Responses For T-Cell Platform In 4 Tumor Types

Adaptimmune Soars 250% On Positive Initial Responses For T-Cell Platform In 4 Tumor Types

Shares of smid-cap biotech Adaptimmune Therapeutics PLC – ADR (NASDAQ: ADAP) were skyrocketing Monday following a presentation at the 38th JPMorgan Healthcare Conference.

Adaptimmune, an oncology-focused cell therapy company said its SPEAR T-cell platform delivered initial responses in four solid tumor indications: cancers of liver, gastro-esophageal junction and head & neck, as well as melanoma.

Two confirmed partial responses, one in a patient with liver cancer and another in a patient with head & neck cancer were observed, the company said. One patient with gastro-esophageal junction cancer and another with melanoma showed unconfirmed partial responses, it added.

"These responses demonstrate that our proprietary SPEAR T-cell platform is clearly active and can overcome the challenges of treating a range of solid tumors with a T-cell therapy product," said CEO Adrian Rawcliffe. "There continues to be a favorable benefit:risk profile for all products and indications under study."

The company said more patient data and durability information is required to determine which therapies to develop.

Adaptimmune said it expects to present data from these trials at future scientific congresses.

Adaptimmune's stock was rallying 260% to $4.77 per share at time of publication.

Related Links:

The Week Ahead In Biotech: JPMorgan Healthcare Conference, FDA Panel Reviews Opioid Pain Drugs

Sorrento Shares Soar On Disclosure Of Takeover Interest At Over 100% Premium


Related Articles (ADAP)

View Comments and Join the Discussion!

Posted-In: Biotech News Health Care Movers Trading Ideas General Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at