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Stock impact report

ImmunityBio (IBRX) Climbs 7.76% on Europe Expansion [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
ImmunityBio jumped by 7.76 percent on Friday to close at $2.36 apiece after securing the green light of the European Medicines Agency (EMA) to sell its bladder cancer treatment Anktiva in Europe. In a statement, ImmunityBio Inc. (NASDAQ:IBRX) said that the EMA officially authorized Anktiva, in combination with Bacillus Calmette-Guerin (BCG), for the treatment of non-muscle invasive bladder cancer (NMIBC) carcinoma in situ, allowing the company to expand its sales and operations across Europe. Billion Photos/Shutterstock.com The therapy stands to benefit bladder cancer patients whose disease does not respond to BCG. At present, there are no current options to treat the disease type, except for a surgical removal of the bladder. Unlike the US, where only one BCG substrain is approved, ImmunityBio Inc. (NASDAQ:IBRX) said that Europe recognizes approximately six major BCG substrains, making standard-of-care therapy broadly available across the region. “Anktiva represents an imp Show less Read more
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