Profile
Sector:
HealthcareIndustry:
BiotechnologyCountry:
United StatesIPO:
28 July 2015Website:
http://immunitybio.comNext earnings report:
08 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:51:51 GMTDividend
Analysts recommendations
Institutional Ownership
IBRX Latest News
ImmunityBio (IBRX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
ImmunityBio's ANKTIVA shows promising commercial and clinical progress, with expanded patient access and potential EU/UK regulatory filings, enhancing its global market penetration and revenue prospects. Recent positive clinical data for ANKTIVA in NSCLC and endometrial cancer trials highlight its potential beyond bladder cancer, boosting its long-term growth outlook. Despite significant advancements, risks include regulatory hurdles, commercialization challenges, high cash burn, and reliance on founder Dr. Patrick Soon-Shiong for funding.
Anktiva, ImmunityBio's lead molecule, shows promising results with a 71% CR rate and 100% survival at 24 months for BCG-unresponsive NMIBC. Despite Anktiva's potential, ImmunityBio faces financial challenges, relying heavily on loans from founder Dr. Soon-Shiong, leading to high indebtedness. The company has a market cap of $2.43bn but limited cash runway, raising concerns about its financial stability and lack of recent earnings calls.
ImmunityBio (IBRX) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.28 per share a year ago.
CULVER CITY, Calif.--(BUSINESS WIRE)--ImmunityBio, Inc. (NASDAQ: IBRX) announced today that its 2024 Annual Meeting of Stockholders will be held on Tuesday, June 11, 2024 at 9:30 a.m. Pacific Time. The Annual Meeting will be held in a virtual-only format and there will not be a physical location for the Annual Meeting. Stockholders of record at the close of business on April 17, 2024 are entitled to vote at and participate in the Annual Meeting. Richard Adcock, the Company's Chief Executive Off.
ImmunityBio, Inc. (NASDAQ: IBRX) has released three podcasts with UroToday discussing the FDA approval of ANKTIVA® (N-803) in combination with BCG for NMIBC CIS and advancements in bladder cancer research. Patrick Soon-Shiong, M.D., Executive Chairman and Global Chief Scientific Officer at ImmunityBio, talked about the breakthrough.
ImmunityBio (NASDAQ: IBRX) stock has surged dramatically as investors celebrate the recent approval of Anktiva, its cancer treatment. The stock has climbed for two consecutive days and is currently at its highest point since September 2021.
Depending on who you ask, a recession is either right around the corner, or the stock market is ready to rattle off a seismic bull run.
Pre-PDUFA positioning is a good opportunity to buy ImmunityBio stock at a low price. Multiple catalysts could drive the stock price higher over the next 24 months. ImmunityBio has the potential to become a big pharma company rather than being sold.
ImmunityBio, Inc. (IBRX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, IBRX's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
- 1(current)
What type of business is ImmunityBio?
ImmunityBio, Inc., a clinical-stage biotechnology company, engages in developing therapies and vaccines that bolster the natural immune system to defeat cancers and infectious diseases. Its platforms for the development of biologic product candidates include antibody-cytokine fusion proteins; DNA, RNA, and recombinant protein vaccines; and cell therapies. The company's platforms have generated therapeutic agents that are currently being or planned to be studied in clinical trials across various indications in liquid and solid tumors, including bladder, lung and colorectal cancers, and glioblastoma multiforme. Its lead biologic product candidate is Anktiva, an FDA-approved immunotherapy in combination with bacillus calmette-guérin (BCG) for the treatment of adult patients with BCG unresponsive non-muscle invasive bladder cancer with carcinoma in situ, with or without papillary tumors. The company has collaboration agreements with National Cancer Institute. It also has license agreements with 3M Innovative Properties Company; Access to Advanced Health Institute; LadRx Corporation; Sanford Health; Shenzhen Beike Biotechnology Co. Ltd.; Viracta Therapeutics, Inc.; and GlobeImmune, Inc. The company is based in San Diego, California.
What sector is ImmunityBio in?
ImmunityBio is in the Healthcare sector
What industry is ImmunityBio in?
ImmunityBio is in the Biotechnology industry
What country is ImmunityBio from?
ImmunityBio is headquartered in United States
When did ImmunityBio go public?
ImmunityBio initial public offering (IPO) was on 28 July 2015
What is ImmunityBio website?
https://immunitybio.com
Is ImmunityBio in the S&P 500?
No, ImmunityBio is not included in the S&P 500 index
Is ImmunityBio in the NASDAQ 100?
No, ImmunityBio is not included in the NASDAQ 100 index
Is ImmunityBio in the Dow Jones?
No, ImmunityBio is not included in the Dow Jones index
When was ImmunityBio the previous earnings report?
No data
When does ImmunityBio earnings report?
The next expected earnings date for ImmunityBio is 08 November 2024