regulatory
confidence high
sentiment negative
materiality 0.80
FDA extends PDUFA date for Iovance's lifileucel BLA to Feb 24, 2024 due to resource constraints
IOVANCE BIOTHERAPEUTICS, INC.
- FDA extended PDUFA target action date for lifileucel BLA from prior to February 24, 2024, citing resource constraints.
- No major review issues; all pre-approval inspections of clinical sites and manufacturing facilities completed successfully.
- No advisory committee meeting planned; Priority Review and RMAT designation remain intact.
- FDA agreed to work with Iovance to expedite remaining review, potentially allowing earlier approval.
- Lifileucel seeks accelerated approval for advanced melanoma with no currently FDA approved therapies in that setting.