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ImmunityBio, Inc. - IBRX STOCK NEWS

Welcome to our dedicated page for ImmunityBio news (Ticker: IBRX), a resource for investors and traders seeking the latest updates and insights on ImmunityBio stock.

ImmunityBio, Inc. (symbol: IBRX) is a pioneering biotechnology company specializing in immuno-oncology and infectious disease treatments. With a focus on activating both the innate (natural killer cell and macrophage) and adaptive (T cell) immune systems, ImmunityBio is at the forefront of developing innovative molecular and product platforms.

The company's key platforms include the development of antibody-cytokine fusion proteins, DNA, RNA, and recombinant protein vaccines, as well as cell therapies. ImmunityBio is working on several significant product candidates, such as n-803, aldoxorubicin, and a second-generation adenovirus vector. These platforms are designed to activate natural killer (NK) cells, T cells, tumoricidal macrophages, and memory T cells, providing a comprehensive approach to cancer treatment and infectious disease management.

Anktiva, one of ImmunityBio's leading product candidates, is an IL-15 superagonist antibody-cytokine fusion protein, which enhances the body's immune response against cancer cells. The company's pipeline includes treatments targeting bladder, lung, and colorectal cancers, as well as glioblastoma multiforme (GBM).

Headquartered in the United States, ImmunityBio operates across two geographical segments: the United States and Europe, with key revenue generated from European markets. The company is integrated from discovery and development to commercialization, ensuring a seamless transition of its products from the laboratory to the market.

ImmunityBio has achieved several milestones, including the initiation of pivotal clinical trials and strategic partnerships with leading research institutions. These accomplishments underscore the company's commitment to transforming the landscape of immuno-oncology and infectious disease treatment.

Stay informed about ImmunityBio's latest developments, financial performance, and upcoming projects by visiting our news section regularly.

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CytRx Corporation highlights the positive results from the Phase 2/3 trial of arimoclomol, an investigational treatment for Niemann-Pick disease type C. The study showed a significant treatment effect with a 65% relative reduction in disease progression over 12 months. Notably, in patients aged 4 and above, arimoclomol demonstrated an 82% reduction. The treatment was well-tolerated, with fewer serious adverse events compared to placebo. Orphazyme is awaiting a regulatory decision in Europe by Q4 2021 and is assessing the path forward in the U.S.

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ImmunityBio has been granted a patent (U.S. Patent 11,071,774) for its NANT Cancer Vaccine, enhancing its proprietary immunotherapy approach. This candidate aims to stimulate the immune system against cancers using natural killer and T-cell therapies and has been in clinical testing since 2017. The NANT Cancer Vaccine has been studied in over 100 patients across various cancers, with a Phase 2 trial (QUILT 88) focused on metastatic pancreatic cancer. The patent recognition reaffirms the innovative treatment strategy aimed at reducing chemotherapy toxicity while providing long-term immunity.

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ImmunityBio (NASDAQ: IBRX) received authorization from the South Africa Health Products Regulatory Authority to initiate the Sisonke T-Cell Universal Boost trial, set to begin in Q3 2021. This Phase 1/2/3 study will assess the efficacy of the hAd5 Spike + Nucleocapsid vaccine as a booster for healthcare workers already vaccinated with an S-only vaccine. Preliminary Phase 1 results indicate a 10-fold increase in T cell response. The trial will also explore combined vaccination routes, highlighting an urgent need for a boost to protect against emerging COVID-19 variants.

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ImmunityBio (NASDAQ: IBRX) and NantOmics announced a new pipeline for identifying neoepitopes and neoepitope-reactive T cells in cancer patients. This methodology aims to personalize immunotherapy by predicting mutated peptide sequences that trigger immune responses. Collaborative efforts with leading institutions have shown promise in previous trials, hinting at improved cancer treatment outcomes. ImmunityBio's approach integrates bioinformatics for neoepitope discovery, potentially enhancing vaccine and cell transfer therapies.

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ImmunityBio (NASDAQ: IBRX) has received FDA authorization for a Phase 1b/2 study to assess the safety and efficacy of Anktiva (N-803) and PD-L1 t-haNK cells combined with Trodelvy in advanced triple-negative breast cancer (TNBC) patients. This study aims to evaluate if the combination can enhance Trodelvy's effectiveness in patients who haven't responded to previous treatments. The global incidence of breast cancer was 2.3 million last year, with TNBC being particularly aggressive and accounting for 10-15% of cases. The trial seeks to offer new hope to this patient group.

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ImmunityBio (NASDAQ: IBRX) announced the initiation of its HIV clinical pipeline, featuring a study of Anktiva™ (N-803) aimed at controlling HIV after pausing antiretroviral therapy. Sponsored by the NIAID, this trial evaluates Anktiva alone or with broadly neutralizing antibodies (bNABs). A second Phase 2 study will assess Anktiva during acute HIV infection, conducted by the U.S. Military HIV Research Program. Anktiva has shown potential in reversing HIV latency and activating immune responses, presenting a promising avenue for treatment alternatives.

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ImmunityBio announced two clinical trials in South Africa to evaluate its hAd5 T-cell-based COVID-19 vaccine. The first trial focuses on using the vaccine as a "Universal Boost" for healthcare workers already vaccinated. The second will assess safety and efficacy after prior COVID-19 infection. Key features include multiple administration methods potentially enhancing access and effectiveness. Preliminary studies in the U.S. show promise with a 10-fold increase in T cell response. Future phases will involve larger participant groups to confirm long-term immunity against variants.

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ImmunityBio, Inc. (NASDAQ: IBRX) announced that Founder Dr. Patrick Soon-Shiong will present at the 2021 Jefferies Virtual Healthcare Conference from June 1-4. The presentation, scheduled for June 4 at 11:30 a.m. EDT, will cover updates on the company's infectious disease and oncology programs. Attendees can access a live video webcast via the ImmunityBio Investor Relations website. ImmunityBio is a clinical-stage company focused on immunotherapy, with over 40 clinical trials in various stages, including treatments for cancers and infectious diseases.

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ImmunityBio, Inc. (NASDAQ: IBRX) announced a poster presentation on its interleukin-15 superagonist Anktiva® at the upcoming 2021 ASCO Annual Meeting. The Phase 2 study examines Anktiva in combination with checkpoint therapy for patients who relapsed from prior treatments. The study involved 140 participants, showing a 68% disease control rate (82 out of 121 evaluable) and favorable toxicity compared to traditional therapies. The data suggests potential long-term benefits in multiple cancers, marking a significant step towards a chemotherapy-free immunotherapy approach.

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ImmunityBio has received FDA authorization for a Phase 1 study evaluating its m-ceNK™ platform combined with Anktiva (N-803) in patients with advanced solid tumors. This novel approach utilizes NK cells from patients, enhanced with cytokines, to target cancer effectively. The trial will involve two cohorts: one with newly diagnosed patients and another with those who have undergone at least two prior therapies. This innovative therapy aims to significantly impact the clinical landscape of solid tumors, which constitute a large share of cancer diagnoses in the U.S.

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FAQ

What is the current stock price of ImmunityBio (IBRX)?

The current stock price of ImmunityBio (IBRX) is $2.62 as of December 20, 2024.

What is the market cap of ImmunityBio (IBRX)?

The market cap of ImmunityBio (IBRX) is approximately 1.9B.

What does ImmunityBio, Inc. specialize in?

ImmunityBio specializes in immuno-oncology and infectious disease treatments, focusing on activating both the innate and adaptive immune systems.

What are the key product candidates of ImmunityBio?

Key product candidates include n-803, aldoxorubicin, and Anktiva, an IL-15 superagonist antibody-cytokine fusion protein.

Which cancers does ImmunityBio focus on treating?

ImmunityBio focuses on treating bladder, lung, and colorectal cancers, as well as glioblastoma multiforme (GBM).

What geographical segments does ImmunityBio operate in?

ImmunityBio operates in two geographical segments: the United States and Europe, with key revenue generated from Europe.

What types of therapies is ImmunityBio developing?

ImmunityBio is developing antibody-cytokine fusion proteins, DNA, RNA, and recombinant protein vaccines, as well as cell therapies.

How does ImmunityBio's Anktiva work?

Anktiva is an IL-15 superagonist antibody-cytokine fusion protein that enhances the body's immune response against cancer cells.

What recent achievements has ImmunityBio made?

ImmunityBio has initiated pivotal clinical trials and formed strategic partnerships with leading research institutions.

Where can I find the latest news about ImmunityBio?

You can stay informed about ImmunityBio's latest developments by visiting the news section on our website.

What is ImmunityBio's business model?

ImmunityBio is an integrated biotechnology company involved in discovering, developing, and commercializing immuno- and cellular therapies.

How does ImmunityBio contribute to cancer treatment?

ImmunityBio develops therapies that activate NK cells, T cells, tumoricidal macrophages, and memory T cells to enhance the immune system's ability to fight cancer.

ImmunityBio, Inc.

OTC:IBRX

IBRX Rankings

IBRX Stock Data

1.92B
193.13M
77%
10.11%
7.47%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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