Adaptive Biotechnologies plans separation of immune medicine platform

Adaptive Biotechnologies

Adaptive Biotechnologies

ADPT

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- Adaptive Biotechnologies ADPT.O said on Monday it planned to separate its immune medicine business from its residual cancer-testing unit, as it reviews options for the drug-discovery business and focuses on testing.

  • The company said it was reviewing options for the immune medicine business and expected to choose a preferred path by the end of 2026.

  • Adaptive's immune medicine platform helps conduct drug research by identifying therapeutic targets, and accelerate the development of precision medicines.

  • Adaptive said the residual cancer-testing unit, which includes its clonoSEQ test, had reached profitability and expanded insurance coverage.

  • ClonoSEQ is used to detect small traces of cancer that may remain after treatment and is also used in drug-development studies.

  • The unit's revenue rose to $212 million in 2025 from $103 million in 2023, the company said.

  • Adaptive said the immune medicine business might be better placed outside the company's diagnostics-focused model.

  • The company said there was no assurance the review would result in a deal or any other outcome.