ImmunityBio Stock Jumps After NK-Cell Manufacturing Update Puts Anktiva Expansion Back in Focus
ImmunityBio shares jumped 10.5% to $8.64 by early afternoon Friday after the company announced completion of a scalable manufacturing process for its NK-cell therapy platform. The update follows FDA acknowledgment of a resubmitted application for expanded use of Anktiva in papillary bladder cancer and recent approval of the drug in 33 countries. Investors remain cautious due to ongoing regulatory and financial risks.