ImmunityBio shares fall on FDA warning letter over cancer therapy claims in ad [Yahoo! Finance]
ImmunityBio, Inc. (IBRX)
Company Research
Source: Yahoo! Finance
television advertisement ?and podcast promoting its cancer therapy were false or misleading and violated federal law. ImmunityBio's Anktiva was approved for a ?type of bladder ?cancer in April 2024. "These violations are concerning from a public ?health perspective because the promotional communications create a misleading impression that Anktiva, a ?treatment for ?a certain type ?of bladder cancer, ?can cure and even prevent all cancer," the FDA said in the letter issued to the company on March 13. The agency said the direct-to-consumer materials, which ?featured CEO Richard Adcock ?and Executive Chairman Patrick ?Soon-Shiong, created ?the impression that Anktiva could ?cure cancer, prevent its ?return, work ?as a single-agent therapy, or function as a cancer vaccine. ImmunityBio did not ?immediately respond ?to a Reuters request for comment. (Reporting ?by Siddhi Mahatole in Bengaluru; Editing ?by Devika Syamnath)
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IBRX
News
- ROSEN, THE FIRST FILING FIRM, Encourages ImmunityBio, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - IBRXGlobeNewswire
- Investor Notice: Robbins LLP Informs Investors of the ImmunityBio, Inc. Class Action LawsuitBusiness Wire
- IBRX INVESTOR ALERT: ImmunityBio, Inc. Investors with Substantial Losses Have Opportunity to Lead the ImmunityBio Class Action Lawsuit – RGRD LawGlobeNewswire
- EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of ImmunityBio, Inc. Investors – IBRXBusiness Wire
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ImmunityBio, Inc. - IBRXPR Newswire
IBRX
Earnings
- 5/12/25 - Miss
IBRX
Sec Filings
- 2/26/26 - Form 4
- 2/25/26 - Form SCHEDULE
- 2/24/26 - Form 4
- IBRX's page on the SEC website