Company Overview - ImmunityBio Inc (NASDAQ: IBRX) is a biotech company that has been subject to fluctuating market valuations, with concerns raised about the level of execution risk priced into its valuation [1] Analyst Background - The analyst holds a PhD in biochemistry and has extensive experience in analyzing clinical trials and biotech companies [1] - The analyst aims to educate investors on the science behind biotech investments and help them conduct thorough due diligence to avoid potential pitfalls [1] Disclosure - The analyst has no stock, option, or derivative positions in any of the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article represents the analyst's personal opinions and is not influenced by any compensation or business relationships with the mentioned companies [2]

ImmunityBio (IBRX) shares rallied 27.2% on Thursday after it announced that it has completed the regulatory filing process in the EU and the United Kingdom for Anktiva (nogapendekin alfa inbakicept) in combination with Bacillus Calmette-Guérin (BCG) to treat BCG-unresponsive non-muscle invasive bladder cancer (NMIBC) patients with carcinoma in situ (CIS), with or without papillary tumors.Acceptance of ImmunityBio’s applications seeking approval of the combo therapy by respective regulatory bodies in the EU ...

On Wednesday, ImmunityBio, Inc. IBRX released progress in its ongoing FDA discussions regarding three areas of its clinical development pipeline in non-muscle invasive bladder cancer (NMIBC) and non-small cell lung cancer (NSCLC).NMIBC BCG Unresponsive Papillary Disease: ImmunityBio is preparing to submit a supplemental Biologics License Application (sBLA) in 2025 for its treatment targeting Bacillus Calmette-Guérin (BCG) unresponsive NMIBC in the papillary indication. As published in the Chamie 2022 NEJM p ...

Thank you for reading my research on Seeking Alpha. If you want to learn even more about my method and how I discover these investment opportunities, please check out my subscription marketplace service, Compounding Healthcare , and sign up for a free trial.It has been a little more than two months since my last ImmunityBio (NASDAQ: IBRX ) article , where I discussed ANKTIVA's commercial launch for BCG-unresponsive non-muscle invasive bladder cancer. I believed ImmunityBio's commercial strategy, along with ...

If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio or simply access the investment bank-grade financial models and research. I hope to see you there.In my last note covering ImmunityBio (NASDAQ: IBRX ) in August, I provided a fairly detailed overview of the company, its entrepreneurial founder Dr Patrick Soon-Shiong – w ...

CULVER CITY, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- ImmunityBio, Inc. (NASDAQ: IBRX), a leading immunotherapy company, today announced the pricing of its previously announced underwritten public offering of an aggregate of 33,333,334 shares of its common stock at a price to the public of $3.00 per share. ImmunityBio has granted the underwriters a 30-day option to purchase up to an additional 5,000,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. Al ...

FREMONT, Calif., Nov. 21, 2024 /PRNewswire/ -- ImmunityBio, Inc. (NASDAQ: IBRX), a vertically integrated biotechnology company, and nCartes, Inc., a transformational cloud software platform provider, announced a collaboration agreement aimed at automating and streamlining the data fulfillment process for clinical trials. The goal of the collaboration is to make this essential process easier, faster, and less expensive for ImmunityBio's trial investigators.The vast majority of clinical trials today gather da ...

Shares of ImmunityBio (IBRX) have gained 41.1% over the past four weeks to close the last trading session at $5.01, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.25 indicates a potential upside of 184.4%.The average comprises three short-term price targets ranging from a low of $4.75 to a high of $30, with a standard deviation of $13.74. While the lowest estimate indicates ...

SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises ImmunityBio, Inc. investors that the firm is investigating potential legal claims relating to the company's unsuccessful efforts in 2023 to secure regulatory approval for its flagship product Anktiva, designed to treat bladder cancer. Current shareholders are encouraged to contact the firm.On June 20, 2024, Judge Gonzalo P. Curiel of the U.S. District Court for the Southern District of California issued an order denying in p ...

ImmunityBio (IBRX) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this immunotherapy company would post a loss of $0.17 per share when it actually produced a loss of $0.20, delivering a surprise of -17.65%.Over the last four quarters, the company h ...