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Adaptimmune Extends Funding Runway Ahead Of Clinical Results In Second Half

 
• By John Davis

UK T-cell receptor biotech, Adaptimmune, has raised $100m from a direct offering of its ADSs as it prepares for the reporting of clinical response data later this year from early clinical studies in cancer patients.  

Sprouting
• Source: Shutterstock

The next six months will be key for Adaptimmune Therapeutics PLC as it garners initial efficacy data from early clinical studies of its candidate T-cell receptor therapies, reason enough to have financial resources in place to take the company to the next stage of development.

The NASDAQ-quoted biotech, which has facilities in Philadelphia, US, and Oxford, UK, confirmed the importance of its soon-to-be reported clinical response results when announcing on Sept

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