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Stock impact report

IBRX Stock Jumps on Progress in NK Cell Therapy Production [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
Shares of ImmunityBio IBRX rose more than 7% on Friday after the company announced that it completed two manufacturing engineering programs for its autologous memory cytokine-enhanced natural killer (M-ceNK) cell therapy platform. The company completed the NK2022 and NK2023 programs, demonstrating that its process for collecting immune cells from blood and converting them into natural killer (NK) cell therapies can be performed safely, consistently and at scale. ImmunityBio successfully conducted apheresis collections (a procedure that separates and collects specific cells from the blood) in 64 subjects, including healthy donors and cancer patients, with no procedure-related serious adverse events reported. The collected cells were then used to validate the company's manufacturing process for generating M-ceNK cells. Per IBRX, a single apheresis collection can produce up to 5 billion NK cells, enough to generate eight to 10 treatment doses per patient within 12 days. Among the Show less Read more
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