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Biotech / Medical : ImmunityBio converts from Immunomedics -- Ignore unavailable to you. Want to Upgrade?


To: jargonweary who wrote (992)5/5/2025 12:33:33 PM
From: Maturin  Read Replies (1) | Respond to of 1229
 
Obviously the company was working their response all weekend long given they received communication from the FDA on May 2nd. Notable that the consultant hired by IBRX is quoted in the release with some strong words for the FDA's decision. My two cents: all of this smacks of egos and reputations at this point, which isn't good for patients or shareholders.



To: jargonweary who wrote (992)5/5/2025 12:38:26 PM
From: galt3 Recommendations

Recommended By
bobbseytwins2001
erippetoe
urslor

  Read Replies (1) | Respond to of 1229
 
Unfortunately, this could lead to another class action suit. Just saying, but hoping not.
Agree that the volume today is suggesting that this might be about something else.
Hoping not, but, like Tinfoil, I'm using it to average down.
I do not think we're looking at years, but maybe months, to right the ship on other
indication trials. Given that Anktiva is already approved for one cancer, and has shown
very good early results on others, I'm ok adding more at this point.
Having said that, I'm kinda sure that mgmt. screwed up in some way.
I'm hoping politics is not a part of this, but in this crazy world, who knows.
Let's hope that we hear more, sooner rather than later.
Best