Iovance Biotherapeutics, Inc.IOVA

NasdaqHealthcareBiological Products, (No Diagnostic Substances)
Price (close)
$10.80
Market cap
$4.9B
P/E
—
Revenue (TTM)
$325.0M
Net income
-$289.5M
Dividend yield
—
1-year total return
434.7%
Net margin
-89.1%
Revenue growth
34.5%
Debt / equity
—

What Iovance Biotherapeutics, Inc. does.

We are a commercial-stage biopharmaceutical company pioneering a transformational approach to treating cancer. Our mission is to be the global leader in innovating, developing, and delivering tumor infiltrating lymphocyte, or TIL, cell therapies for patients with solid tumor cancers. TIL cell therapies harness the individual immune system’s ability to recognize and destroy diverse cancer cells that are unique to each patient. These individualized therapies are manufactured using centralized, scalable, and proprietary manufacturing processes which rejuvenate and multiply each patient’s polyclonal T cells into the billions.

Iovance was founded to build upon the promise of TIL cell therapy initially developed at academic research centers, including the National Cancer Institute, or the NCI. Our multi-center trials, scalable manufacturing, regulatory approvals and commercial infrastructure have transformed TIL cell therapy from a research product available to only a small number of patients, into a commercially viable treatment that is accessible for thousands of cancer patients.

Our two commercial products include Amtagvi ® (lifileucel) and Proleukin ® (aldesleukin), an interleukin-2, or IL-2, product used in the Amtagvi ® treatment regimen and other applications.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue———$1.2M$164.1M$263.5M
Net income-$259.6M-$342.3M-$395.9M-$444.0M-$372.2M-$391.0M
Free cash flow-$251.9M-$265.5M-$313.2M-$384.1M-$364.0M-$336.2M

More on IOVA.

Figures from Iovance Biotherapeutics, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.