regulatory
confidence high
sentiment positive
materiality 0.65
Iovance's Amtagvi granted TGA approval in Australia for advanced melanoma
IOVANCE BIOTHERAPEUTICS, INC.
- Therapeutic Goods Administration of Australia approved Amtagvi for previously treated advanced melanoma.
- Indicated for patients who received anti-PD-1 therapy and, if BRAF V600+, a BRAF/MEK inhibitor.
- Third marketing authorization for Amtagvi; Iovance is authorizing its first Australian treatment center.
- Australia has the world's highest melanoma rate, with ~17,000 new cases annually.
- Approval based on Phase 2 C-144-01 trial results showing objective response rate and duration of response.
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