Adagene, Inc. (ADAG) has released an update.
Adagene Inc.’s 2023 financial report reveals a successful year with a cash balance that supports operations into 2026, alongside advancements in their clinical pipeline. Their lead product, ADG126, has shown promising results in treating metastatic colorectal cancer, highlighted by a favorable safety profile and potential for a best-in-class therapeutic index. The company’s SAFEbody platform continues to attract industry validation and is expected to drive further progress in antibody-based cancer therapies.
For further insights into ADAG stock, check out TipRanks’ Stock Analysis page.