Shares of ImmunityBio, Inc. (IBRX) soared over 5% in pre-market trading on Monday, as investors reacted positively to the company's plans to address gaps in cancer treatments.
According to reports, ImmunityBio aims to bridge the divide between immunotherapy and more traditional cancer treatments. The biotech firm is working on a novel approach that combines immunotherapy with chemotherapy and other targeted therapies, potentially offering a more comprehensive solution for cancer patients.
The company's unique strategy has generated significant interest, with the stock price surging over 77% in recent days. Investors seem optimistic about the potential of ImmunityBio's innovative approach to tackle cancer more effectively.
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