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XNAS
ADPT
Market cap4.18bUSD
Oct 08, Last price  
26.09USD
1D
-0.72%
1Q
23.88%
IPO
-45.98%
Name

Adaptive Biotechnologies Corp

Chart & performance

D1W1MN
XNAS:ADPT chart
P/E
—
P/S
15.08
EPS
—
Div yield, %
—
Shrs. gr., 5y
2.95%
Rev. gr., 5y
23.00%
Revenues
277m
+54.77%
38,448,00055,663,00085,071,00098,382,000154,344,000185,308,000170,276,000178,957,000276,976,000
Net income
-59m
L-62.69%
-42,831,000-46,447,000-68,606,000-146,227,000-207,279,000-200,191,000-225,250,000-159,492,000-59,499,000
CFO
-46m
L-51.70%
-34,858,000-32,259,000205,404,000-149,683,000-192,727,000-183,945,000-156,324,000-95,212,000-45,986,000

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Profile

Adaptive Biotechnologies Corporation, founded in 2009 and headquartered in Seattle, Washington (operating as Adaptive TCR Corporation until its name change in December 2011), is a commercial-stage entity focused on pioneering an immune medicine platform. This advanced platform is engineered for the precise diagnosis and effective treatment of a broad spectrum of illnesses. The company offers several core technological solutions. Its immunoSEQ platform, a foundational immunosequencing product, is vital for translational research and discovering novel prognostic and diagnostic markers. For confirming past COVID-19 infections, Adaptive provides T-Detect COVID. Additionally, clonoSEQ functions as a critical clinical diagnostic tool, enabling the detection and continuous monitoring of minimal residual disease in individuals with multiple myeloma, B-cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia; it is also available as a CLIA-validated laboratory-developed test for other lymphoid cancers. Another specialized offering, immunoSEQ T-MAP COVID, aids vaccine developers and researchers in quantifying T-cell immune responses to vaccines. Beyond its current product lineup, Adaptive Biotechnologies actively develops a pipeline of clinical products and services designed for the diagnosis, monitoring, and treatment of conditions such as cancer, autoimmune disorders, and infectious diseases. Its solutions cater to life science research, clinical diagnostics, and drug discovery applications. The company has established key strategic collaborations: one with Genentech, Inc., for the joint development, manufacturing, and commercialization of neoantigen-directed T-cell therapies aimed at treating various cancers; and another with Microsoft Corporation, dedicated to creating sophisticated diagnostic tests capable of identifying multiple diseases early from a single blood sample.

Key people

Julie Rubinstein
President · since 2018
Harlan S. Robins
Co-Founder, Chief Scientific Officer · since 2009
Nancy Louise Hill
Senior Vice President - Operations · since 2018
Charles Snag
Senior Vice President - Clinical Diagnostics · since 2016
Tom Willis
Senior Vice President, General Manager - Diagnostic Products
Mark R Adams
Chief Technical Officer · since 2020
Chad M. Robins
Executive Chairman, Chief Executive Officer, Co-Founder · since 2009
Lance Baldo
Chief Medical Officer · since 2019
Sean P. Nolan
Chief Technical Officer · since 2014
Lead Independent Director · since 2013
Independent Director · since 2019
Independent Director · since 2013
Michael J. Pellini
Independent Director · since 2018
Andris A. Zoltners
Independent Director · since 2009
IPO date
Jun 27, 2019
Employees
790
Domiciled in
US
Incorporated in
US
Legal address
300 DESCHUTES WAY SW STE 208 MC-CSC1
TUMWATER, WA 98501
US
Headquarters
1165 Eastlake Ave E
Seattle, WA 98109
US

Valuation

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