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0 0.000670016750418746 0.00134003350083749 0.00100502512562818 -0.00670016750418758 -0.0231155778894473 -0.026465661641541 -0.026465661641541
Stock impact report

Iovance Biotherapeutics: Initial Amtagvi Launch In Focus [Seeking Alpha]

Iovance Biotherapeutics, Inc. (IOVA) 
Last iovance biotherapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: iovance.com
Company Research Source: Seeking Alpha
Initial numbers from the early days of the launch can be considered when trying to project revenues from Amtagvi going forward. IOVA can improve potential revenues by gaining approval of its TIL therapies like Amtagvi outside of the US and in new indications. In the short term, however, the focus may be on the current Amtagvi launch, where some success may already be reflected in the price. I wrote about Iovance Biotherapeutics ( NASDAQ: IOVA ) in December, rating it a buy, as I thought approval of their tumor-infiltrating lymphocyte (TIL) product, lifileucel, for the treatment of advanced melanoma was likely. This February, Lifileucel (marketed as Amtagvi) was indeed approved by the Food and Drug Administration (FDA). This article takes a look at what we can garner from the initial comments made by the company on the launch, and why I now rate IOVA a hold. Initial Amtagvi demand may be high While Amtagvi was only approved in the US on February 16, by the time of Q4'23 earn Show less Read more
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