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Adicet Bio (ACET) investor relations material
Adicet Bio Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Strong enrollment momentum in Phase 1 autoimmune program for prula-cel, with clinical updates expected in 1H and 2H 2026.
Achieved FDA alignment for outpatient dosing of prula-cel in lupus nephritis (LN) and systemic lupus erythematosus (SLE) patients.
Regulatory filing for ADI-212 in metastatic castration-resistant prostate cancer (mCRPC) planned for 3Q 2026, with enrollment to begin 4Q 2026 pending clearance.
Financial highlights
R&D expenses for Q4 2025 were $25.0M, up from $23.3M in Q4 2024, mainly due to higher CRO/CDMO costs.
G&A expenses for Q4 2025 were $6.9M, down from $7.5M in Q4 2024, due to lower rent and office expenses.
Net loss for Q4 2025 was $30.5M ($2.94/share), compared to $28.7M ($5.06/share) in Q4 2024.
Full-year 2025 net loss was $116.8M ($16.95/share), slightly improved from $117.1M ($21.33/share) in 2024.
Cash, cash equivalents, and short-term investments were $158.5M as of Dec 31, 2025, down from $176.3M a year earlier.
Outlook and guidance
Clinical update for prula-cel in LN, SLE, and SSc expected in 1H 2026, with another update in 2H 2026.
Pivotal study for prula-cel in LN or LN/SLE patients planned for 2H 2026, pending regulatory clearance.
Regulatory filing for ADI-212 in mCRPC planned for 3Q 2026; Phase 1 enrollment to begin 4Q 2026.
Cash runway expected to fund operations into the second half of 2027.
- Prula-cel delivers steroid-free remissions and immune reset in autoimmune disease patients.ACET
Investor presentation12 Mar 2026 - Biotech seeks up to $250M for cell therapy pipeline, targeting autoimmune and cancer markets.ACET
Registration Filing12 Mar 2026 - Allogeneic Gamma-delta CAR-T therapies advance in autoimmune trials, with initial data imminent.ACET
Canaccord Genuity’s 45th Annual Growth Conference3 Feb 2026 - Gamma delta CAR T therapies demonstrate promising safety, efficacy, and durability in autoimmune trials.ACET
Guggenheim Securities 2nd Annual Healthcare Innovation Conference3 Feb 2026 - Allogeneic gamma delta CAR T cells advance in pivotal autoimmune and oncology trials, with key data ahead.ACET
Canaccord Genuity 44th Annual Growth Conference & Private Company Showcase 20242 Feb 2026 - Off-the-shelf gamma delta T cell therapies advance in autoimmune and oncology, with pivotal data ahead.ACET
Jefferies 2024 Global Healthcare Conference1 Feb 2026 - Prioritizing autoimmune pipeline and advancing solid tumor program, with major data expected H1 next year.ACET
H.C. Wainwright 26th Annual Global Investment Conference 202421 Jan 2026 - Complete B-cell depletion and strong tissue trafficking set a new standard for cell therapy.ACET
9th Annual CAR-TCR U.S. Summit20 Jan 2026 - Advancing off-the-shelf CAR gamma delta T cell therapies with key data readouts expected next year.ACET
Guggenheim Securities Inaugural Healthcare Innovation Conference14 Jan 2026
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