Adagene’s Promising Mid-Year Financials and ADG126 Update

Adagene (ADAG) has released an update.

Adagene Inc. has reported promising six-month financial results for 2024, highlighting the potential of their lead candidate, ADG126, a SAFEbody® anti-CTLA-4 therapy showing efficacy and safety in combination with pembrolizumab for various cancers including MSS colorectal cancer. The company, with a strong cash balance, is well-funded into 2026 and is set to present longer-term data at ESMO Congress 2024, showcasing ADG126’s potential as a cornerstone in immunotherapy. Notably, ADG126’s differentiated safety profile supports its use in combination with standard treatments across multiple patient populations.

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