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SECURITIES AND EXCHANGE COMMISSION

Key Takeaway: Adagene Inc. has submitted a report to the SEC containing significant updates regarding its therapeutic developments. The company presented two posters at the Society for Immunotherapy of Cancer's 39th Annual Meeting, detailing new insights into the therapeutic index of its Masked Anti-CTLA-4 SAFEbody, ADG126. The presentations also reinforce the clinical safety and efficacy of ADG126 both as a monotherapy and in combination with anti-PD-1 therapy.
Price reaction · baseline $3.045 (2024-11-06 close) · hit after-hours · clean, no other ADAG news in the window
day 0 close · peak
+1.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Adagene presented new insights on therapeutic index for ADG126.
  • The clinical safety and efficacy of ADG126 were reinforced.
  • The presentations were made at a prestigious event, SITC.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+212%
120-day peak, hindsight
Typical move
8.5%
average across 7 past catalysts
Lead asset
ADG126 Mono
Phase 1 · Advanced/Metastatic Solid Tumors

Full Press Release Details

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of November 2024
Commission File Number: 001-39997
4F, Building C14, No. 218
Xinghu Street, Suzhou Industrial Park
Suzhou, Jiangsu Province, 215123
People's Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Adagene Inc.
By: /s/ Peter Luo
Name: Peter Luo
Title: Chief Executive Officer
Date: November 7, 2024
Exhibit Description
99.1 Press release tilted "Adagene Presents Two Posters with New Insights on Increased Therapeutic Index for Masked Anti-CTLA-4 SAFEbody ADG126 (Muzastotug) and Data Reinforcing Clinical Safety and Efficacy for ADG126 as Monotherapy and in Combination with Anti-PD-1 Therapy at Society for Immunotherapy of Cancer (SITC) 39th Annual Meeting."

Frequently Asked Questions

What is the purpose of the SEC report?

The SEC report is a filing by Adagene Inc. under the Securities Exchange Act.

Who is the CEO of Adagene Inc.?

Peter Luo is the Chief Executive Officer of Adagene Inc.

When was the SEC report signed?

The SEC report was signed on November 7, 2024.

What event did Adagene's press release refer to?

The press release refers to the SITC 39th Annual Meeting.

What does the press release discuss?

It discusses new insights on therapeutic index for ADG126 and its clinical data.

Last updated: Nov 7, 2024