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0.00719424460431655 0.00719424460431655 0.00647482014388482 0 -0.00359712230215836 -0.0359712230215828 -0.0323741007194244 -0.00719424460431655
Stock impact report

Adicet Bio narrows focus on lead asset [Seeking Alpha]

Adicet Bio, Inc. (ACET) 
Last adicet bio, inc. earnings: 5/3 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: aceto.com/ir/index.html
Company Research Source: Seeking Alpha
The decision has prompted the company to discontinue patient enrollments in a Phase 1 trial for the CAR T cell therapy in lymphoma. In a regulatory filing after the market close on Tuesday, the Boston, Massachusetts-based biotech said it would allocate R&D resources to prioritize studies into ADI-001 in autoimmune conditions such as lupus nephritis and systemic lupus erythematosus. As a result, enrollments in a Phase 1 trial for ADI-001 in mantle cell lymphoma will be closed. Adicet Bio ( ACET ) also shared topline data from the trial based on ten evaluable patients, noting that according to an Aug. 22 data cut, 80% of patients on ADI-001 witnessed either complete or partial remission. 60% experienced complete remission, with a median duration of complete response of 17.5 months. According to ACET, the experimental therapy showed a favorable safety and tolerability profile. There were no cases of graft-versus-host disease, and the incidence of adverse events such as cytokine r Show less Read more
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