Adaptive Biotechnologies' clonoSEQ test will feature prominently at major oncology conferences, highlighting its significance in MRD assessment.
Quiver AI Summary
Adaptive Biotechnologies Corporation announced that its clonoSEQ® test for measurable residual disease (MRD) assessment will be prominently featured in 33 presentations at the upcoming American Society of Clinical Oncology (ASCO) Annual Meeting and the European Hematology Association (EHA) Congress. The studies presented will reinforce clonoSEQ’s effectiveness as the gold standard for MRD assessment in hematologic oncology, highlighting its use in various blood cancers, including multiple myeloma, chronic lymphocytic leukemia, acute lymphoblastic leukemia, and lymphoma. Key findings from major clinical trials demonstrate the test's sensitivity and ability to inform treatment decisions based on MRD status. As MRD testing becomes increasingly standard in treating blood cancers, clonoSEQ's unique capacity to deliver precise MRD assessments is underscored as vital for improving patient outcomes.
Potential Positives
- clonoSEQ® is highlighted as a gold standard for measurable residual disease (MRD) assessment, demonstrating its significant role in modern hematologic oncology care.
- Adaptive Biotechnologies' presence at major conferences (ASCO and EHA) with 33 presentations showcases the strength of their research and market position in the field of oncology.
- New data presented further validates clonoSEQ's sensitivity and specificity, supporting its adoption in both clinical and research settings across various types of hematologic malignancies.
- clonoSEQ is the first FDA-cleared diagnostic test of its kind, enhancing its credibility and marketability in the healthcare industry.
Potential Negatives
- Despite the emphasis on their clonoSEQ test, the press release does not include specific data or new trial results that could bolster confidence in its effectiveness compared to competitors.
- The reliance on future expectations mentioned in the forward-looking statements could create uncertainty regarding the company's ability to achieve its stated objectives.
- The mention of risks and uncertainties related to forward-looking statements highlights potential vulnerabilities, which may concern investors regarding the company's future performance.
FAQ
What is the clonoSEQ test by Adaptive Biotechnologies?
The clonoSEQ test is a next-generation sequencing-based diagnostic for detecting measurable residual disease (MRD) in hematologic cancers.
Where will clonoSEQ data be presented in 2026?
clonoSEQ data will be presented at the ASCO Annual Meeting in Chicago and the EHA Congress in Stockholm.
How does clonoSEQ improve MRD assessment?
clonoSEQ offers highly sensitive detection of residual disease, outperforming traditional methods in predicting patient outcomes.
What types of cancers does clonoSEQ target?
clonoSEQ is used for multiple myeloma, chronic lymphocytic leukemia, acute lymphoblastic leukemia, and various lymphomas.
What is the significance of MRD in cancer treatment?
MRD assessment helps guide treatment decisions, defining deep responses to therapies and enabling personalized treatment strategies.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ADPT Insider Trading Activity
$ADPT insiders have traded $ADPT stock on the open market 86 times in the past 6 months. Of those trades, 0 have been purchases and 86 have been sales.
Here’s a breakdown of recent trading of $ADPT stock by insiders over the last 6 months:
- CHAD M ROBINS (CEO and Chairman) has made 0 purchases and 11 sales selling 1,490,754 shares for an estimated $22,900,695.
- JULIE RUBINSTEIN (President and COO) has made 0 purchases and 47 sales selling 949,407 shares for an estimated $13,371,111.
- HARLAN S ROBINS (Chief Scientific Officer) has made 0 purchases and 10 sales selling 594,499 shares for an estimated $8,370,252.
- FRANCIS LO (Chief People Officer) has made 0 purchases and 7 sales selling 292,230 shares for an estimated $4,656,868.
- KYLE PISKEL (Chief Financial Officer) has made 0 purchases and 5 sales selling 191,042 shares for an estimated $3,578,336.
- SHARON BENZENO (Chief Commercial Ofc Imm Med) has made 0 purchases and 2 sales selling 75,707 shares for an estimated $1,043,443.
- MICHELLE RENEE GRIFFIN has made 0 purchases and 2 sales selling 63,438 shares for an estimated $949,203.
- SUSAN BOBULSKY (Chief Commercial Officer, MRD) sold 41,338 shares for an estimated $544,421
- ROBERT HERSHBERG sold 22,968 shares for an estimated $367,488
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ADPT Revenue
$ADPT had revenues of $70.9M in Q1 2026. This is an increase of 35.14% from the same period in the prior year.
You can track ADPT financials on Quiver Quantitative's ADPT stock page.
You can access data on ADPT stock through the Quiver Quantitative API.
$ADPT Hedge Fund Activity
We have seen 156 institutional investors add shares of $ADPT stock to their portfolio, and 153 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ removed 2,821,148 shares (-64.3%) from their portfolio in Q1 2026, for an estimated $39,157,534
- BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 2,688,081 shares (+inf%) to their portfolio in Q1 2026, for an estimated $37,310,564
- INVESCO LTD. added 2,216,595 shares (+248.8%) to their portfolio in Q4 2025, for an estimated $35,997,502
- MACQUARIE GROUP LTD removed 2,104,414 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $34,175,683
- JENNISON ASSOCIATES LLC removed 1,921,595 shares (-71.8%) from their portfolio in Q1 2026, for an estimated $26,671,738
- IRON TRIANGLE PARTNERS LP removed 1,820,915 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $29,571,659
- WELLINGTON MANAGEMENT GROUP LLP added 1,692,095 shares (+78.1%) to their portfolio in Q1 2026, for an estimated $23,486,278
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ADPT Price Targets
Multiple analysts have issued price targets for $ADPT recently. We have seen 5 analysts offer price targets for $ADPT in the last 6 months, with a median target of $21.0.
Here are some recent targets:
- Tejas Savant from Morgan Stanley set a target price of $18.0 on 05/12/2026
- Mark Massaro from BTIG set a target price of $22.0 on 05/06/2026
- Subbu Nambi from Guggenheim set a target price of $21.0 on 05/06/2026
- Sebastian Sandler from JP Morgan set a target price of $19.0 on 05/06/2026
- Dan Brennan from TD Cowen set a target price of $21.0 on 05/06/2026
Full Release
SEATTLE, May 29, 2026 (GLOBE NEWSWIRE) -- Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today announced that its next-generation sequencing (NGS)-based clonoSEQ ® test for measurable residual disease (MRD) assessment will be included in 33 presentations, including one plenary session and 14 oral presentations, across the American Society of Clinical Oncology (ASCO) Annual Meeting, taking place May 29-June 3 in Chicago, and the European Hematology Association (EHA) Congress, taking place June 11-14 in Stockholm.
Data at ASCO and EHA this year continue to reinforce clonoSEQ’s role in modern hematologic oncology care — as the gold standard for assessing depth of response, longitudinal disease monitoring, and MRD-guided treatment decision-making. Across hematologic malignancies, these studies highlight how MRD measured by clonoSEQ continues to be broadly incorporated into both research and clinical practice:
- Multiple myeloma: Highly sensitive MRD testing continues to demonstrate depth and durability of response across novel therapies, including follow-up data from the inMMyCAR trial of CAR T-cell therapy and bispecific antibody data from MONUMENTAL-3. In addition, a final analysis from the CEPHEUS trial, the basis for the first-ever FDA approval based on an MRD endpoint, showed higher rates of sustained MRD negativity in patients treated with quadruplet regimen daratumumab plus VRd (bortezomib, lenalidomide, and dexamethasone).
- Chronic lymphocytic leukemia (CLL): MRD is being incorporated into decisions around therapy duration and discontinuation in studies including BOVen-∆MRD400 and venetoSTOP, the latter demonstrating that personalized venetoclax treatment duration based on uMRD5 status leads to durable treatment-free remissions.
- Acute lymphoblastic leukemia (ALL): In a Phase 2 study evaluating dose-adjusted EPOCH with rituximab and tafasitamab, MRD assessment with clonoSEQ continues to outperform flow cytometry in detecting residual disease and predicting patient outcomes and can be used to assess disease burden in cerebrospinal fluid.
- Lymphoma: clonoSEQ leverages sensitivity and specificity to support MRD testing in real-world and clinical trial settings across multiple major lymphoma subtypes, including diffuse large B-cell lymphoma (DLBCL), mantle cell lymphoma (MCL), and follicular lymphoma (FL).
At EHA this year, new data further expand the evidence base for highly sensitive, next-generation sequencing–based MRD assessment and underscore the increasingly global nature of clonoSEQ’s reach and impact. Across Europe, growing momentum behind MRD-guided care is being driven, in part, by increasing biopharmaceutical industry investment in interventional studies that incorporate MRD into treatment decisions.
“The range of data presentations leveraging clonoSEQ testing at ASCO and EHA this year reflects the maturation of the hematologic MRD field, with key studies highlighting how MRD can define deep responses to new therapies or regimens, including as a primary endpoint, and guide adaptive treatment approaches based on MRD status," said Susan Bobulsky, Chief Commercial Officer, MRD, Adaptive Biotechnologies. “As MRD testing becomes standard practice in hematologic malignancies, the need for clonoSEQ—the only technology specifically designed for the unique biology of blood cancers and capable of delivering highly sensitive and specific MRD assessment throughout the patient treatment journey—has never been greater.”
The full list of abstracts can be viewed here .
About clonoSEQ
clonoSEQ
®
is the first and only FDA-cleared in vitro diagnostic (IVD) test for detecting and tracking minimal (or measurable) residual disease (MRD) in patients with multiple myeloma (MM) or B-cell acute lymphoblastic leukemia (B-ALL) using bone marrow, and in patients with chronic lymphocytic leukemia (CLL) using blood or bone marrow. clonoSEQ is also available in diffuse large B-cell lymphoma (DLBCL), mantle cell lymphoma (MCL) and other lymphoid cancers and specimen types as a CLIA-validated laboratory developed test (LDT). clonoSEQ is covered by Medicare for MM, CLL, ALL, DLBCL and MCL.
clonoSEQ identifies and quantifies DNA sequences in malignant cells—detecting one cancer cell in one million healthy cells—to help clinicians and researchers assess and monitor MRD with precision over time. It delivers standardized, sensitive results that inform treatment decisions, predict outcomes, and detect relapses earlier.
clonoSEQ is CE-marked under the EU In Vitro Diagnostic Regulation (IVDR). For intended use details in the EU, see the instructions for use, available on request.
To review the FDA-cleared uses of clonoSEQ, visit clonoSEQ.com/technical-summary.
About Adaptive Biotechnologies
Adaptive Biotechnologies (“we” or “our”) is a commercial-stage biotechnology company focused on harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. We believe the adaptive immune system is nature’s most finely tuned diagnostic and therapeutic for most diseases, but the inability to decode it has prevented the medical community from fully leveraging its capabilities. Our proprietary immune medicine platform reveals and translates the massive genetics of the adaptive immune system with scale, precision and speed. We apply our platform to partner with biopharmaceutical companies, inform drug development, and develop clinical diagnostics across our two business areas: Minimal Residual Disease (MRD) and Immune Medicine. Our commercial products and clinical pipeline enable the diagnosis, monitoring, and treatment of diseases such as cancer, autoimmune disorders, and infectious diseases. Our goal is to develop and commercialize immune-driven clinical products tailored to each individual patient.
Forward Looking Statements
This press release contains forward-looking statements that are based on management’s beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including statements regarding our ability to develop, commercialize and achieve market acceptance of our current and planned products and services, our research and development efforts, and other matters regarding our business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations.
In some cases, you can identify forward-looking statements by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors are described under "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in the documents we file with the Securities and Exchange Commission from time to time. We caution you that forward-looking statements are based on a combination of facts and factors currently known by us and our projections regarding the future, about which we cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent our views as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason, except as required by law.
ADAPTIVE INVESTORS
Karina Calzadilla, Vice President, Investor Relations and FP&A
201-396-1687
[email protected]
ADAPTIVE MEDIA
Erica Jones, Associate Corporate Communications Director
206-279-2423
[email protected]