Iovance reports record second quarter 2026 revenue of ~$99M
Total revenue increased 66% year-over-year, gross margin reached 56%, and FDA granted Fast Track for lifileucel in soft tissue sarcomas.
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Biopharmaceutical company developing and commercializing cancer immunotherapies
iovance.comLast updated
In short: Iovance reported record quarterly revenues and secured international regulatory approvals for its melanoma cell therapy, Amtagvi.
Total revenue increased 66% year-over-year, gross margin reached 56%, and FDA granted Fast Track for lifileucel in soft tissue sarcomas.
The next-generation IL-12 tethered TIL therapy will be evaluated in a Phase 1/2 basket trial for advanced solid tumors, with enrollment starting in H2 2026.
The Therapeutic Goods Administration approved the tumor-derived autologous T cell immunotherapy for previously treated advanced melanoma, marking Iovance's third marketing authorization.
The company guides Q2 2026 revenue to $86-88M and full-year to $350-370M, with a 40% confirmed response rate in endometrial cancer.
Iovance Biotherapeutics recently reported record second-quarter results, generating nearly US$100 million in revenue with a 56% margin, while rapidly expanding access to its Amtagvi TIL...
Barclays raised Iovance’s price target to $15 from $13 while maintaining an ‘Overweight’ rating, acc...
Iovance executive Brian Gastman said on Tuesday at a conference that the company’s science was never...
The T-cell therapy’s inpatient toxicity is well-characterized, but the risks patients may face after hospital discharge have been unclear.
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