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IOVA jumped 30% on positive real-world data for melanoma drug

IOVA jumped 30% on positive real-world data for melanoma drug

Iovance Biotherapeutics is seeing some action, up about 30% recently. They reported $68 million in revenue for the latest quarter, which is a 13% increase. The company released new data on their melanoma treatment, Amtagvi. In real-world conditions, the drug showed a 52% objective response rate. That is higher than the 31% figure seen in the clinical trials used for approval. The stock is currently trading under $3. They aren't profitable yet but are running Phase 2 trials for other indications.
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@Shashaa 1 day ago

Wait real-world data beating trials? That’s actually kinda crazy, I’m intrigued