ImmunityBio shares are trading higher after the company announced it signed an exclusive global arrangement with the Serum Institute of India. The company will be supplied with Bacillus Calmette-Guerin.
Portfolio Pulse from Benzinga Newsdesk
ImmunityBio's stock is trading higher following the announcement of an exclusive global arrangement with the Serum Institute of India for the supply of Bacillus Calmette-Guerin.

May 03, 2024 | 10:53 am
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ImmunityBio's exclusive global arrangement with the Serum Institute of India for Bacillus Calmette-Guerin supply has led to a positive reaction in its stock price.
The announcement of an exclusive global arrangement with the Serum Institute of India for the supply of Bacillus Calmette-Guerin is a significant development for ImmunityBio. This partnership likely offers the company a competitive edge in its sector, potentially improving its market position and future revenue prospects. The positive stock price movement reflects investor optimism about the deal's impact on ImmunityBio's growth and profitability.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100