regulatory
confidence high
sentiment negative
materiality 0.75
Iovance discloses FDA clinical hold on NSCLC TIL trial; BLA for lifileucel in melanoma under review
IOVANCE BIOTHERAPEUTICS, INC.
- FDA placed clinical hold on IOV-LUN-202 trial (NSCLC) on Dec 22, 2023; new enrollment paused.
- BLA for lifileucel in advanced melanoma under FDA review with final label discussions ongoing.
- Presentation reports $428M cash as of 9/30/23 and 90%+ manufacturing success rate.
- Proleukin acquisition closed May 18, 2023 for £167.7M upfront; completed.
- Melanoma data: ORR 31.4% (pooled cohorts 2&4) with median DOR not reached at 36.5 months.