ADC Therapeutics SA (ADCT) Reports Q3 Loss of $0.29/sh

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ADC Therapeutics Reports Third Quarter 2020 Financial Results and Provides Recent Business Highlights

November 12, 2020 7:00 AM EST

- Submitted BLA for lead program, Lonca, for treatment of relapsed or refractory DLBCL on September 21, 2020

- Commercial launch activities on track for potential U.S. launch of Lonca in mid-2021

- Initiated Phase 3 confirmatory trial of Lonca in combination with rituximab in second-line DLBCL

- Strong balance sheet with $494 million in cash and cash equivalents as of September 30, 2020 after completing an upsized follow-on public offering in September 2020

- Company to host conference call today at 8:30 a.m. ET

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