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ADC Therapeutics SA published the original content used to generate this news brief via PR Newswire  on June 16, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nNDL73HkZ2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"conferences,dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","BK4505","ADCT"],"gpt_icon":0},{"id":"2543338316","title":"ADC Therapeutics Is Maintained at Buy by Guggenheim","url":"https://stock-news.laohu8.com/highlight/detail?id=2543338316","media":"Dow 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Site","url":"https://stock-news.laohu8.com/highlight/detail?id=2542114655","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542114655?lang=en_us&edition=fundamental","pubTime":"2025-06-12 20:31","pubTimestamp":1749731498,"startTime":"0","endTime":"0","summary":"ADC Therapeutics  said Thursday it will close its UK site and reduce its workforce by about 30% by the end of September as part of a cost-cutting plan.The company said it expects to incur up to $7 million in one-time restructuring charges from the layoffs, primarily in Q2.Separately, ADC Therapeutics said it expects to raise $100 million through a private sale of 13 million shares at $3.53 each and 15.7 million pre-funded warrants at $3.43 each to institutional investors.The company said net proceeds from the placement, expected to close on June 16, will be used to fund the clinical development and commercialization of Zynlonta, working capital, and other 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