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ADC Therapeutics to Provide Update on LOTIS-7 Clinical Trial

ADC Therapeutics issued 47,000 stock options to incentivize two new hires as part of its Inducement Plan approved by the Compensation Committee.

  • Lausanne-based ADC Therapeutics SA announced yesterday it granted 47,000 options to two new employees as material inducements under Rule 303A.08.
  • The Compensation Committee of ADC Therapeutics' Board of Directors approved the awards under the Inducement Plan to motivate recipients and support ADC Therapeutics SA's success.
  • Vesting begins with 25% on the first anniversary, then 1/48th monthly, and fully vests after four years subject to continued employment.
  • ADC Therapeutics is a commercial-stage ADC specialist with an approved product, marketing ZYNLONTA with FDA accelerated and European Commission conditional approvals and advancing an exatecan-based PSMA-targeting ADC.
  • The release notes it contains forward-looking statements and refers investors to its Annual Report on Form 10-K 'Risk Factors' section, listing Investors and Media contact Nicole Riley and adctherapeutics.com.
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ADC Therapeutics Makes Grants to New Employees Under Inducement Plan

LAUSANNE, Switzerland, Dec. 1, 2025 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced that the Company has made grants of options to purchase an aggregate…

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PR Newswire broke the news in United States on Monday, December 1, 2025.
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