Adagene Inc

NASDAQ ADAG

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Adagene Inc Gross Working Capital for the year ending December 31, 2023: USD 73.39 M

Adagene Inc Gross Working Capital is USD 73.39 M for the year ending December 31, 2023, a -8.79% change year over year. Gross working capital is a financial metric that represents the amount of a company's current assets available to cover its current liabilities and short-term debt obligations. It is calculated by subtracting the sum of current liabilities and short-term debt from the total current assets of a company. Gross working capital provides insights into a company's short-term liquidity and its ability to meet its financial obligations in the near future.
  • Adagene Inc Gross Working Capital for the year ending December 31, 2022 was USD 80.46 M, a -46.94% change year over year.
  • Adagene Inc Gross Working Capital for the year ending December 31, 2021 was USD 151.63 M, a 161.73% change year over year.
  • Adagene Inc Gross Working Capital for the year ending December 31, 2020 was USD 57.94 M, a -39.46% change year over year.
  • Adagene Inc Gross Working Capital for the year ending December 31, 2019 was USD 95.70 M, a 144.52% change year over year.
NASDAQ: ADAG

Adagene Inc

CEO Dr. Peter P. Luo Ph.D.
IPO Date Feb. 9, 2021
Location China
Headquarters Building C14, Suzhou, China, 215123
Employees 174
Sector Healthcare
Industry Biotechnology
Description

Adagene Inc., a clinical stage biotechnology company, engages in the research, development, and production of monoclonal antibody drugs for cancers. The company's product candidates include ADG106, a human ligand-blocking agonistic anti- CD137 IgG4 monoclonal antibodies (mAbs) that is in Phase 1b/2 clinical trials for the treatment advanced solid tumors and non-Hodgkin's lymphoma; ADG126, a masked fully-human anti-CTLA-4 mAb that is in Phase 1 clinical trial for the treatment advanced/metastatic solid tumors; and ADG116, a human ligand-blocking anti-CTLA-4 mAb, which is in Phase 1b/2 clinical development for the treatment of advanced/metastatic solid tumors. It also offers ADG104, an anti-PD-L1 mAb that is in Phase 2 clinical development; ADG125, a novel anti-CSF-1R mAb, which is in Phase I clinical trial; ADG206, a masked, Fc engineered anti-CD137 agonistic POWERbody; ADG153, a masked anti-CD47 IgG1 SAFEbody, which is in preclinical for the treatment hematologic and solid tumors; ADG138, novel HER2xCD3 POWERbody, which is in preclinical for the treatment HER2-expressing solid tumors; and ADG152, a v POWERbody, which is in preclinical stage for the treatment off-tumor toxicities, as well as develops anti-CD28 bispecific POWERbody TCEs. The company was incorporated in 2011 and is headquartered in Suzhou, China.

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StockViz Staff

September 20, 2024

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