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UK MHRA Approves ImmunityBio's ANKTIVA® Plus BCG for BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma In Situ

1. IBRX received marketing authorization for ANKTIVA in the UK, its first outside the U.S.

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FAQ

Why Bullish?

The UK approval enhances IBRX's market presence, similar to prior FDA approvals that boosted stock prices.

How important is it?

The approval signifies crucial international market growth potential for IBRX's products.

Why Short Term?

Initial market reactions are likely immediate, but sustained impact will depend on sales performance.

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CULVER CITY, Calif.--(BUSINESS WIRE)--ImmunityBio, Inc. (NASDAQ: IBRX) today announced that the UK Medicines and Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for ANKTIVA® (nogapendekin alfa inbakicept-pmln) in combination with Bacillus Calmette-Guérin (BCG) for the treatment of certain bladder cancer patients. This is the first marketing approval outside the U.S. for this novel lymphocyte-stimulating agent. “With the MHRA's authorization of ANKTIVA plus BCG,.

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