Iovance Biotherapeutics Stock Rises Premarket on Positive Trial Data for Cancer Drug

Dow Jones
2025/11/03
 

By Adriano Marchese

 

Iovance Biotherapeutics shares rose after the company received positive data from a clinical trial of its cancer treatment.

Shares traded 11% higher ahead of the morning bell at $2.18.

The biotechnology company, which specializes in cell therapies for cancer, on Monday said that about 26% of patients responded to the lifileucel monotherapy treatment in Phase 2 testing, including two who saw their cancer disappear. The San Carlos, Calif., company said the disease-control rate, or the proportion of patients who had their disease stabilize or improve, was at about 72%.

Iovance said it plans to present more data in 2026 and hopes to progress toward a biologics license application with the Food and Drug Administration next year as well. It aims for a potential launch in the second half of 2027, it said.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

November 03, 2025 09:25 ET (14:25 GMT)

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