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Stock impact report

ImmunityBio (IBRX) Soars 11% as Asian Expansion Looms [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
ImmunityBio jumped by 10.98 percent on Monday to close at $9.40 apiece, as investors cheered its future expansion into Asia following the go-signal of the Macau special administrative region (SAR) for its bladder cancer treatment, Anktiva. In a statement over the weekend, ImmunityBio Inc. (NASDAQ:IBRX) said that it officially secured the green light of Macau to market and sell Anktiva in the SAR, marking its first entry into Asia. “This authorization marks an important step in establishing ANKTIVA in Asia and advancing our broader international expansion strategy,” ImmunityBio Inc. (NASDAQ:IBRX) President and CEO Richard Adcock said. ImmunityBio (IBRX) Soars 11% as Asian Expansion Looms “We are engaging with additional health authorities across the Asia-Pacific region and, in parallel, beginning to prepare for potential commercial distribution, recognizing there is still meaningful work ahead as we pursue further regulatory authorizations. Our focus is on executing this expan Show less Read more
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