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ImmunityBio Stock Rises 9% Over Large-Scale NK Cell Production And Cryopreservation

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Shares of ImmunityBio, Inc. (IBRX) are climbing around 9 percent on Friday morning trading after the successful completion of manufacturing engineering programs, NK2022 and NK2023, establishing a safe, reproducible, and scalable leukapheresis-to-manufacturing pathway for its autologous memory cytokine-enhanced natural killer or M-ceNK cell therapy platform.

The company's shares are currently trading at $8.61 on the Nasdaq, up 9.91 percent. The stock opened at $8.21 and has climbed as high as $8.66 so far in today's session. Over the past year, it has traded in a range of $1.83 to $12.43.

Additionally, a Phase I program combining M-ceNK with ANKTIVA was completed in patients with relapsed or refractory tumors demonstrating safety following infusion of the M-ceNK drug product.

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