Financial StabilityAdagene had approximately $85M in cash and cash equivalents, which is believed to be sufficient to support operations into 2H26.
Regulatory ProgressManagement intends to meet with the FDA to discuss a potential regulatory pathway for ADG126, and a favorable regulatory update could be a catalyst for the stock.
Therapeutic PotentialAdagene presented positive data from its ongoing Phase 1/2 study with ADG126 at the American Society of Clinical Oncology Gastrointestinal Cancers Symposium, which further solidified ADG126’s therapeutical potential in MSS-CRC.