Adagene Reports $74.5 Million Year-End Cash and Sets 2026 Clinical Milestones

Reuters01-26

Adagene Reports $74.5 Million Year-End Cash and Sets 2026 Clinical Milestones

Adagene Inc. announced a business update and provided its 2026 objectives. As of December 31, 2025, the company reported unaudited cash and cash equivalents of $74.5 million, which is anticipated to provide sufficient financial runway into late 2027. The company highlighted its progress in 2025, including a collaboration with ConjugateBio on bispecific antibody-drug conjugates (ADCs) using Adagene-derived antibodies. For 2026, Adagene plans to provide a data update in Q1 from its ongoing Phase 1b/2 study of muzastotug in combination with pembrolizumab for third-line and later (3L+) microsatellite stable colorectal cancer (MSS CRC) patients, covering 41 patients in the 10 mg/kg cohorts and 26 patients in the 20 mg/kg cohorts. The reported cash position is preliminary, unaudited, and subject to finalization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Adagene Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9631200-en) on January 23, 2026, and is solely responsible for the information contained therein.

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