Stock Track | ImmunityBio Stock Soars 5.19% on Promising ANKTIVA Bladder Cancer Data

Stock Track11-19 22:42

ImmunityBio, Inc. (IBRX) saw its stock soar 5.19% during Tuesday's pre-market session, following the biotech company's announcement of compelling new clinical data for its ANKTIVA product candidate in treating bladder cancer.

The company reported that in its ongoing QUILT 3.032 study, 100 patients with BCG-unresponsive non-muscle invasive bladder cancer with carcinoma in situ (NMIBC CIS) were treated with ANKTIVA in combination with BCG, achieving an impressive 71% complete response rate. More notably, the duration of response in these responders extended up to an encouraging 54 months.

This positive data update has prompted ImmunityBio to submit a Marketing Authorization Application to the European Medicines Agency (EMA) during the fourth quarter of 2024, seeking regulatory approval to commercialize ANKTIVA in the European Union for this indication.

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