ADAP news 8/4/2022

 9:41a ET 8/4/2022 - Benzinga

Adaptimmune Therapeutics: Q2 Earnings Insights

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ADAP

Adaptimmune Therapeutics (NASDAQ:ADAP) reported its Q2 earnings results on Thursday, August 4, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Adaptimmune Therapeutics beat estimated earnings by 80.0%, reporting an EPS of $-0.05 versus an estimate of $-0.25.

Revenue was up $2.44 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 1.3% increase in the share price the next day.

Here's a look at Adaptimmune Therapeutics's past performance:

QuarterQ1 2022Q4 2021Q3 2021Q2 2021

EPS Estimate-0.220.14-0.26-0.24

EPS Actual-0.05-0.04-0.30-0.24

Revenue Estimate3.29M96.45M1.37M1.36M

Revenue Actual3.58M1.42M1.20M3.10M

To track all earnings releases for Adaptimmune Therapeutics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ADAP news

 Adaptimmune Therapeutics Earlier Reported Q2 EPS $(0.05) Beats $(0.25) Estimate, Sales $5.54M Miss $6.00M Estimate

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ADAP

Adaptimmune Therapeutics (NASDAQ:ADAP) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.25) by 80 percent. This is a 79.17 percent increase over losses of $(0.24) per share from the same period last year. The company reported quarterly sales of $5.54 million which missed the analyst consensus estimate of $6.00 million by 7.70 percent. This is a 78.93 percent increase over sales of $3.10 million the same period last year.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ADAP NEWS

 

Adaptimmune Therapeutics Reports Will Host Virtual Investor Day Today From 8-10 a.m. EST

7:31 am ET November 20, 2020 (Benzinga) Print

Adaptimmune Therapeutics plc (NASDAQ:ADAP), a leader in cell therapy to treat cancer, will host a virtual Investor Day today, which will feature the Company’s Senior Leadership team and Dr Dejka Araujo of the MD Anderson Cancer Center. The link to register is HERE and further background information on Adaptimmune and the event can be found HERE. After the event, a copy of the presentation materials and webcast links will be posted on the Events and Presentations page under the Investors section of the Adaptimmune website.

“We will lay out the strategy confirming our leadership position as a company designing and delivering cell therapies for people with cancer,” said Adrian Rawcliffe, Adaptimmune’s Chief Executive Officer. “Over the next five years, we plan to deliver two marketed products, one in sarcoma and one in gastroesophageal cancers, and two additional BLAs in other solid tumor indications. We also plan to develop a robust autologous and allogeneic clinical pipeline that takes us towards the ultimate goal of curative and mainstream cell therapies for people with cancer.”

Adaptimmune’s Virtual Investor Day will cover the following topics:

Opening Remarks by Adrian Rawcliffe, CEO

• Strategic vision for Adaptimmune and core value drivers for the next five years
• Delivering TCR T-cell therapies and building the cell therapy company of the future ​
• MAGE-A4 is a target with large market potential across a broad range of solid tumor indications including synovial sarcoma, lung, head and neck, bladder, and gastroesophageal cancers

Synovial sarcoma care: the need for cell therapy

• Dejka Araujo, M.D. (Professor in the Department of Sarcoma Medical Oncology, Division of Cancer Medicine of the MD Anderson Cancer Center) will discuss the current treatment landscape and unmet medical need for people with synovial sarcoma

Driving towards delivery of two marketed products and two further BLAs by 2025

• An overview of plans to launch the first TCR T-cell therapy (ADP-A2M4) in synovial sarcoma as enrollment in the SPEARHEAD-1 trial is on track
• Plan to file a BLA with ADP-A2M4D8 in gastroesophageal cancers in 2024
• Potential addressable population across all tumor types with significant MAGE-A4 expression of ~39,000 patients per year in the US and EU factored for HLA-A21; additional BLA(s) projected with ADP-A2M4CD8 in tumor types beyond gastroesophageal cancers
• Additional BLA projected for ADP-A2AFP (first or next-generation CD8α) with a potential market opportunity of ~16,000 patients per year based on serum AFP expression1 and factoring for HLA-A2
  • Plan to incorporate next-generation CD8α enhancement into SPEAR T-cells targeting AFP in a clinical trial next year 

The importance of building an integrated cell therapy company for rapid execution and success

• An overview of the Company’s integrated structure with its leading capabilities for designing and delivering cell therapies
• Case studies demonstrating the value that this integrated approach has delivered: rapid execution of clinical programs, security of vector supply, reduction of costs, and learnings applied to the allogeneic platform

A rich cell therapy pipeline for the future over the next 5 years

• Focusing on curative intent: leveraging translational insights for best next-generation products:
• Positioning multiple enhancements for next-generation SPEAR T-cells including:
  • ADP-A2M4 SPEAR T-cells co-expressing IL-7, IL-15, dnTGFβ, and/ or PDE7
  • Enhancing SPEAR T-cells with IL-7 for proliferation and survival and CCL19 for migration into tumor in collaboration with Noile-Immune
  • Enhancing SPEAR T-cells using transmembrane and surface immunoregulatory mechanisms with Alpine Immune Sciences
• Focusing on enabling mainstream access – broadening patient coverage and patient access:
  • Plans to expand into HLAs beyond A2 to increase the addressable patient population
  • Bringing forward HiT candidates for multiple targets including GPC3
  • Announcing collaboration with leading TIL therapy center (CCIT, Denmark) for nextgeneration TILs co-expressing IL-7
  • Bringing two allogeneic targets into the clinic:
    • In-house MAGE A4 targeted iPSC T-cell products
    • Mesothelin, a target expressed in multiple solid tumors, named as first HiT target in partnership with Astellas

An update on the Company’s financial position

• Total liquidity position of $400 million as of September 30, 2020
• Current cash runway into early 2023

The Virtual Investor Day will also include two Q&A sessions.

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.