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Stock impact report

Adaptive Biotechnologies Corporation Reports Third Quarter 2019 Financial Results

Adaptive Biotechnologies Corporation (ADPT) 
Last adaptive biotechnologies corporation earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adhc.com
Company Research Source: GlobeNewswire
SEATTLE, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Adaptive Biotechnologies Corporation (“Adaptive Biotechnologies”) (Nasdaq: ADPT) today reported financial results for the quarter ended September 30, 2019. “During the third quarter, we continued to make strong progress across our existing products and our pipeline,” said Chad Robins, chief executive officer and co-founder of Adaptive. “We are encouraged to see increasing demand for clonoSEQ as we continue developing the market and expanding our label. We were also excited to confirm our first clinical signal for immunoSEQ Dx, proving that we can read and translate how the adaptive immune system diagnoses disease.” Recent Highlights Revenue of $26.1 million for the third quarter of 2019, an increase of 52% over the third quarter of 2018Achieved milestone for immunoSEQ Dx with confirmation of the first clinical signal in acute Lyme diseaseEntered into a partnership for use of the clonoSEQ Assay as preferred MRD test for drug development a Show less Read more
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