What's Wrong With Iovance Biotherapeutics Stock?
Portfolio Pulse from
Iovance Biotherapeutics' stock experienced a significant rise last year following FDA approval of Amtagvi (lifileucel) for treating unresectable or metastatic melanoma. However, the stock is currently facing challenges.
January 30, 2025 | 12:45 pm
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Iovance Biotherapeutics' stock surged last year due to FDA approval of Amtagvi for melanoma treatment. Despite this, the stock is currently under pressure.
The initial surge in Iovance's stock was due to the FDA approval of their drug, which is a significant milestone. However, the current decline suggests that there may be other underlying issues affecting investor confidence or market conditions.
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