Iovance Biotherapeutics

Overview
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Cell & Gene Therapy?
Product stageSegments
Go-to-Market
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Cell therapy (Other)
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Iovance Biotherapeutics is focused on the development and commercialization of novel cancer immunotherapies based on its proprietary tumor infiltrating lymphocyte (TIL) technology. This approach aims to harness the power of the human immune system to recognize and attack diverse cancer cells unique to each patient. Iovance's TIL therapies have shown promising clinical data across multiple solid tumors, and the company is committed to continuous innovation in cell therapy, including gene-edited cell therapies, as potential options for cancer patients.

As of May 2024, Iovance had 20 programs in its immuno-oncology pipeline targeted at disease including melanoma, non-small cell lung cancer, cervical cancer, and head and neck cancer, of which 10 were in Phase II and four were in the pivotal stage. In February 2024 , the company’s skin cancer therapy, Amtagvi (Lifileucel) for metastatic melanoma, received final FDA approval. The one-time treatment was priced at USD 515,000 per patient.

The company also operates a manufacturing facility—Cell Therapy Center (iCTC)—in Pennsylvania, to manufacture TIL products.


HQ location:
112 West 34th Street 18th Floor New York NY USA
Founded year:
2007
Employees:
501-1,000
IPO status:
Public
Total funding:
USD 1.6 bn
Last Funding:
USD 211.0 mn (Post IPO Equity; Feb 2024)
Last valuation:
-
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