Tiger Brokers

BUZZ-Adaptimmune up as cancer therapy meets main goal in mid-stage study

Reuters
Nov 13, 2024

** Shares of drug developer Adaptimmune Therapeutics

rise ~3% to 81 cents

** Co says its cell therapy being developed to treat two rare types of cancers met the main goal of a mid-stage study

** The therapy, lete-cel, helped 42% of study patients achieve partial or complete response to the treatment - ADAP

** Co plans to begin application process for lete-cel in 2025 for the treatment of both synovial sarcoma and myxoid/round cell liposarcoma (MRCLS) - ADAP

** Synovial sarcoma is a cancer in the soft tissues that most often affects young people and MRCLS is a cancer that grows in the cells that store fat in the body

** Including session gains, stock up ~2% YTD

(Reporting by Mariam Sunny in Bengaluru)

((Mariam.ESunny@thomsonreuters.com;))

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