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Stock impact report

ImmunityBio Reports Third-Quarter 2024 Financial Results

ImmunityBio, Inc. (IBRX) 
Company Research Source: Business Wire
CULVER CITY, Calif.--(BUSINESS WIRE)--ImmunityBio, Inc. (NASDAQ: IBRX) today announced its financial results for the third-quarter ended September 30, 2024.ANKTIVA® received a J-code (HCPCS Level II Code) in October 2024, effective January 1, 2025.ANKTIVA (FDA-approved and commercially available in the U.S. since May 2024) is now widely accessible to patients through commercial and government insurance programs (VA, DoD, Medicare). ImmunityBio has secured coverage for over 200 million medical lives through medical reimbursement policies.ImmunityBio achieved a net product revenue of approximately $6.0 million during the three months ended September 30, 2024, surpassing net product revenue of $1.0 million in the prior quarter and analyst estimates.ImmunityBio has extended the shelf life of ANKTIVA from two years to three years, with over 125,000 doses, providing ample product for the market and for clinical trials.ImmunityBio submitted to the Medicines and Healthcare products Regula Show less Read more
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