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0.0019385342789597 0 0.000898345153664309 -0.00236406619385338 -0.00709219858156034 -0.00472813238770696 -0.00709219858156034 -0.0165484633569741
Stock impact report

Jefferies Lifts ImmunityBio Inc. (IBRX) Price Target Following Anktiva European Expansion [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
Pressmaster/Shutterstock.com The price target hike follows the European Medicines Agency's issuance of a conditional marketing authorization for Anktiva, the company's flagship treatment option for non-muscle-invasive bladder cancer with carcinoma in situ (NMIBC-CIS). The EMA authorization also comes on the heels of the company securing approvals for the treatment in the US and the UK. The approval expands the company's geographic and commercial presence. The approval also covers the use of the therapy in combination with Bacillus Calmette-Guerin. It marks the first time that such a treatment has received authorization in the European Union. Anktiva is poised to address a significant issue, given that patients with invasive bladder cancer have limited treatment options beyond surgical removal. Bladder Cancer is a serious health condition in the European Union, ranked as the fifth most common cancer. “ANKTIVA represents an important evolution in the treatment of NMIBC CIS, str Show less Read more
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