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PRESS-RELEASE ·Filed Mar 17, 2026

ADAG

Adagene Inc.
NEUTRAL
Impact 5/10
Horizonweeks Processed7mo ago WireGlobeNewswire
Press release · FDA
Actionable Insight • Neutral

Traders should monitor the AACR 2026 presentations in April for clinical data on muzastotug, particularly safety and response rates in difficult-to-treat cancers. Positive data could catalyze upward movement given Adagene's small market cap ($188M).

DirectionNeutral
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
ADAG ▼ -9.14% at T+60d
NEUTRAL call -9.14% · α vs SPY -20.66% · entry $3.94 → $3.58
Entry = T+0 close
Mar 17, 2026
via day close
T+1d
-6.35%
call -6.35% · α -6.08%
$3.69
settled 7mo ago
T+5d
+3.30%
call +3.30% · α +4.01%
$4.07
settled 7mo ago
T+20d
-2.28%
call -2.28% · α -8.33%
$3.85
settled 7mo ago
T+60d
-9.14%
call -9.14% · α -20.66%
$3.58
settled 5mo ago

Price Chart

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Executive Summary

Adagene Inc. announced that its lead candidate, muzastotug (ADG126), will be featured in two poster presentations at the AACR 2026 meeting, showcasing Phase 1b/2 data in advanced colorectal cancer and hepatocellular carcinoma. The presentations will provide clinical updates on the safety and efficacy of muzastotug, a masked anti-CTLA-4 antibody with FDA Fast Track designation, in combination with other therapies.

Key Facts

  • Muzastotug (ADG126) will be presented in two poster sessions at AACR 2026 in April 2026.
  • Data includes Phase 1b evaluation in combination with pembrolizumab and fruquintinib in metastatic microsatellite stable colorectal cancer.
  • Phase 1b/2 Morpheus Liver study results in hepatocellular carcinoma (HCC) will also be presented.
  • Muzastotug has FDA Fast Track designation and uses Adagene’s SAFEbody precision masking technology.
  • No new clinical results or financial figures were disclosed in this release — only announcement of upcoming presentations.

Financial Impact

No direct financial impact disclosed; potential indirect impact from data readouts in April 2026

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Risk Factors

  • Clinical data may not meet expectations, especially in MSS-CRC which is historically resistant to immunotherapy.
  • No efficacy or safety results are included in this release — only the announcement of upcoming presentations.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3257692
16 reports for ADAG
Performance horizon
60% Hit rate @ T+60 3 of 5 directional calls Went positive at some point 5 of 7 best @ T+1▲ +8.27%Apr 1, 2026
Filters
Rows
Reports for ADAG — sortable, filterable
TypeNow
Sep 25, 2026
4w ago
6-K
NEUTRAL ★ 2/10
$3.20awaiting T+60—$2.49 (−22.19%)
Sep 22, 2026
5w ago
6-K
BULLISH ★ 5/10
$3.23awaiting T+60—$2.49 (−22.91%)
Sep 10, 2026
6w ago
6-K
BULLISH ★ 5/10
$3.31awaiting T+60—$2.49 (−24.77%)
Sep 9, 2026
6w ago
6-K
NEUTRAL ★ 3/10
$3.27awaiting T+60—$2.49 (−23.85%)
Aug 16, 2026
10w ago
Institutional Cluster
NEUTRAL ★ 4/10
$3.83awaiting T+60—$2.49 (−34.99%)
Aug 12, 2026
10w ago
6-K
NEUTRAL ★ 5/10
$3.75awaiting T+60—$2.49 (−33.60%)
Aug 12, 2026
10w ago
Press Release
MIXED ★ 6/10
$3.75awaiting T+60—$2.49 (−33.60%)
Jul 6, 2026
16w ago
6-K
NEUTRAL ★ 3/10
$3.93 $3.21▼ −18.32%▼ −20.04%$2.49 (−36.64%)
Apr 17, 2026
27w ago
6-K
BULLISH ★ 8/10
$3.89 $3.67▼ −5.66%▼ −12.43%$2.49 (−35.99%)
Apr 2, 2026
29w ago
6-K
BEARISH ★ 7/10
$3.99 $4.20▼ −5.26%▲ +8.90%$2.49 (+37.59%)
Showing 10 of 16

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Report published Mar 17, 2026