Sign in

    Michael KlemZacks Small Cap Research

    Michael Klem is an Equity Research Analyst at Zacks Small Cap Research, specializing in comprehensive analysis of emerging growth companies across the healthcare, technology, and consumer sectors. He covers companies such as NeuroOne Medical Technologies and Xenetic Biosciences, providing detailed company-specific research reports for institutional and retail investors. Klem began his career after earning degrees in Business Administration and Industrial Management from the University of Wyoming and the University of Vermont, and joined Zacks Small Cap Research with a focus on small-cap stocks; prior buy/hold/sell recommendations and coverage history indicate a track record for in-depth diligence but specific performance metrics or third-party analyst rankings are not publicly available. While direct evidence of FINRA registration or securities licenses is not documented in available sources, Klem is recognized for his published equity analyses and professional expertise in small cap research.

    Michael Klem's questions to Adaptimmune Therapeutics PLC (ADAP) leadership

    Michael Klem's questions to Adaptimmune Therapeutics PLC (ADAP) leadership • Q3 2024

    Question

    Michael Klem sought more detail on the increased confidence in the $400 million peak sales forecast for the sarcoma franchise and asked for an update on the remaining tranches of the Hercules Capital debt facility.

    Answer

    CEO Adrian Rawcliffe attributed the increased confidence to the successful FDA approval of Tecelra, strong initial launch metrics validating patient numbers, and the positive pivotal data for lete-cel, especially in the MRCLS population. CFO Gavin Wood detailed the remaining debt tranches: one for $5 million tied to certain criteria, $30 million upon lete-cel approval, and a final $40 million on terms to be decided.

    Ask Fintool Equity Research AI