AdageneADAG
Market Cap: 111M
About: Adagene Inc platform-driven, clinical-stage biopharmaceutical company engaged in transforming the discovery and development of novel antibody-based cancer immunotherapies. It is principally engaged in research, development and production of monoclonal antibody drugs for cancers. The company's platform is designed to generate therapeutic antibody candidates with functional epitopes and species cross-reactivity as highlighted by the company's immunotherapy pipeline.
Employees: 174
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
600% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 0
121% more capital invested
Capital invested by funds: $15.5M [Q4 2023] → $34.3M (+$18.8M) [Q1 2024]
55% more funds holding
Funds holding: 11 [Q4 2023] → 17 (+6) [Q1 2024]
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
9.45% more ownership
Funds ownership: 13.02% [Q4 2023] → 22.47% (+9.45%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
HC Wainwright & Co. Arthur He | 98%upside $5 | Buy Reiterated | 22 Jul 2024 |