Adaptive Biotechnologies (ADPT) Misses Q1 Revs; Withdraws Guidance

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Adaptive Biotechnologies Reports First Quarter 2020 Financial Results

May 12, 2020 4:04 PM EDT

SEATTLE, May 12, 2020 (GLOBE NEWSWIRE) -- Adaptive Biotechnologies Corporation (Adaptive Biotechnologies) (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today reported financial results for the quarter ended March 31, 2020.

Adaptives immune medicine platform was built to decode the specific immune response to any disease, which we are now applying in full force to COVID-19, said Chad Robins, chief executive officer and co-founder of Adaptive Biotechnologies. Importantly, we are able to do this while maintaining focus on our... More