Iovance Biotherapeutics

Iovance Biotherapeutics

IOVAApproved
Philadelphia, United StatesFounded 2007iovance.com

Iovance Biotherapeutics aims to be the global leader in developing and delivering TIL therapy for cancer patients. The company has achieved a landmark with the first FDA approval of a TIL therapy (Amtagvi/lifileucel) for advanced melanoma and is rapidly expanding into other solid tumors including non-small cell lung cancer (NSCLC), cervical cancer, and endometrial cancer. With a state-of-the-art manufacturing facility and multiple ongoing clinical trials, Iovance is positioned to transform cancer treatment through its personalized cell therapy platform.

Market Cap
$1.5B
Founded
2007
Focus
BiologicsCell & Gene Therapy

IOVA · Stock Price

USD 3.6913.31 (-78.29%)

Historical price data

AI Company Overview

Iovance Biotherapeutics aims to be the global leader in developing and delivering TIL therapy for cancer patients. The company has achieved a landmark with the first FDA approval of a TIL therapy (Amtagvi/lifileucel) for advanced melanoma and is rapidly expanding into other solid tumors including non-small cell lung cancer (NSCLC), cervical cancer, and endometrial cancer. With a state-of-the-art manufacturing facility and multiple ongoing clinical trials, Iovance is positioned to transform cancer treatment through its personalized cell therapy platform.

Technology Platform

Tumor-infiltrating lymphocyte (TIL) platform: a personalized, one-time cell therapy that expands a patient's own polyclonal T cells ex vivo to target diverse, patient-specific neoantigens in solid tumors.

Pipeline Snapshot

29

29 drugs in pipeline, 1 in Phase 3

DrugIndicationStage
Lifileucel plus Pembrolizumab + Pembrolizumab with Optional Crossover PeriodMetastatic MelanomaPhase 3
LN-145 + Cyclophosphamide + Fludarabine + Interleukin-2Cutaneous Squamous Cell CarcinomaPhase 2
Lifileucel + LN-145 + Pembrolizumab + LN-145-S1 + Ipilimumab + Nivolumab + Nivol...Metastatic MelanomaPhase 2
LifileucelEndometrial CancerPhase 2
E7 TCR-T cells + AldesleukinCervical CancerPhase 2

Funding History

5

Total raised: $1.0B

PIPE$575MRA Capital ManagementJun 15, 2020
IPO$211MUndisclosedOct 19, 2017
Series C$127MFidelity Management and Research CompanyJul 15, 2015
Series B$75MVenrockDec 15, 2013

FDA Approved Drugs

1
PROLEUKINBLAMay 5, 1992

Opportunities

Significant growth opportunities exist in expanding Amtagvi's label into frontline melanoma and into other large solid tumor indications like NSCLC and cervical cancer.
The company's TIL platform and manufacturing expertise could also be leveraged through strategic partnerships or out-licensing for new indications or next-generation technologies.

Risk Factors

Key risks include commercial execution challenges for a novel, complex therapy, clinical trial failures (particularly the confirmatory TILVANCE-301 trial), manufacturing complexities, high cash burn, and emerging competition from other TIL and TCR-T developers.

Competitive Landscape

Iovance is the first-mover in TIL therapy with an FDA-approved product. Main competitors include other TIL developers (Instil Bio, Turnstone), TCR-T companies (Adaptimmune, Immunocore), and personalized cancer vaccine makers. Iovance differentiates with its polyclonal TIL approach, proprietary manufacturing, and first-to-market approval.

Publications
20
Patents
20
Pipeline
29
FDA Approvals
1

Company Info

TypeTherapeutics
Founded2007
LocationPhiladelphia, United States
StageApproved
RevenueEarly Revenue

Trading

TickerIOVA
ExchangeNASDAQ

Therapeutic Areas

OncologySolid Tumors

Partners

National Institutes of Health/National Cancer Institute (NCI)H. Lee Moffitt Cancer CenterMD Anderson Cancer Center (MDACC)
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