COMPANY:

Adela Bio

"Adela...will present results demonstrating the ability of its tissue-agnostic MRD assay to predict recurrence in head & neck cancer, during an Oral Presentation at the American Society of Clinical Oncology (ASCO) Annual Meeting on June 3, 2024."

"Adela, Inc...presented initial results demonstrating the ability of its MRD assay to predict recurrence in head & neck cancer, at the American Association for Cancer Research (AACR) Annual Meeting from April 5-10, 2024."

"Adela, Inc...today announced data will be presented at the American Association for Cancer Research (AACR) Annual Meeting from April 5-10, 2024 from its tissue-agnostic minimal residual disease (MRD) assay. These data demonstrate the feasibility of the assay for cfDNA cancer signal quantification and prognostic prediction in HPV-positive and HPV-negative head & neck cancers following treatment. Data will also be presented on the analytical performance of Adela's platform....Adela plans to commercialize its first product, a tissue agnostic test for minimal residual disease (MRD) monitoring, in 2025."

"Adela...demonstrating the feasibility of using its platform for cfDNA cancer signal quantification and prognostic prediction in early stage non-small cell lung cancer (NSCLC), during the Plenary Abstract Session at the 2023 Multidisciplinary Thoracic Cancers Symposium in New Orleans. In samples from patients with newly-diagnosed NSCLC, collected at Princess Margaret Cancer Centre at University Health Network, cancer signal from cfDNA was detected and quantified using Adela’s platform, and recurrence-free survival was compared between samples with high and low cfDNA cancer signal."

"Adela...is presenting data demonstrating the feasibility of using its platform for ctDNA quantification and prognostic prediction in head and neck cancer (HNC) and renal cell carcinoma (RCC), at the European Society for Medical Oncology (ESMO) 2023 Congress. In samples from patients with newly-diagnosed HNC and RCC, collected at Princess Margaret Cancer Centre at University Health Network and the Ontario Tumour Bank, ctDNA was detected and quantified using Adela’s platform, and progression- or recurrence-free survival was compared between samples with high and low ctDNA."

"Adela, Inc...announced today the closing of $48 million in financing...The proceeds from the financing will be used to advance Adela's technology platform and commercialize Adela's first product for MRD monitoring. Adela's tissue-agnostic MRD monitoring product is based on its genome-wide methylome enrichment platform, which efficiently captures extensive, biologically-relevant genomic information to maximize test performance and improve treatment decisions. The proceeds will also be used to continue development of the company's multi-cancer early detection (MCED) product, based on the same platform."