ImmunityBio's Anktiva Drug Expansion for Bladder Cancer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2026
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Should l Buy IBRX?
Source: stocktwits
- Guideline Update: CEO Richard Adcock stated that physicians could prescribe Anktiva for papillary bladder cancer if included in NCCN guidelines, potentially broadening the therapy's market reach and enhancing the company's competitive position in cancer treatment.
- FDA Application Progress: The company has filed a supplemental biologics license application (sBLA) to expand Anktiva's indications, with Adcock highlighting that FDA acceptance of this filing within the next 60 days could serve as a significant regulatory milestone, potentially accelerating market access.
- Clinical Data Highlights: Anktiva, when used with BCG, demonstrated that 58.2% of patients remained cancer-free after 12 months, and over 80% avoided bladder removal surgery within three years, indicating the therapy's durability as a key competitive advantage in the market.
- International Market Expansion: Currently approved in 33 countries, ImmunityBio is actively expanding its international commercialization efforts, with Adcock projecting that by 2026 the company will be a global player, and substantial revenue growth will begin to materialize in 2027.
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Analyst Views on IBRX
Wall Street analysts forecast IBRX stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 7.140
Low
5.00
Averages
7.33
High
9.00
Current: 7.140
Low
5.00
Averages
7.33
High
9.00
About IBRX
Immunitybio, Inc. is a vertically integrated, clinical-stage biotechnology company developing therapies and vaccines that bolster the natural immune system to defeat cancers and infectious diseases. Using its applied science and platforms to treat cancers, including the development of potential cancer vaccines, as well as developing immunotherapies and cell therapies to reduce or eliminate the need for standard high-dose chemotherapy. Its platforms and their associated product candidates are designed to attack cancer and infectious pathogens by activating both the innate immune system, including NK cells, dendritic cells, and macrophages, as well as the adaptive immune system comprising B and T cells, in an orchestrated manner. Its platforms for the development of biologic product candidates include antibody-cytokine fusion proteins, vaccine vectors, and cell therapies. Its biologic commercial product candidate, Anktiva, is an IL-15 superagonist antibody-cytokine fusion protein.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against ImmunityBio, Inc. (NASDAQ: IBRX) and certain officers, seeking damages for investors who purchased securities between January 19, 2026, and March 24, 2026, reflecting strong investor reactions to potential fraud allegations.
- Allegations Details: The complaint alleges that defendants materially overstated Anktiva's capabilities and failed to disclose adverse facts regarding the company's business and prospects, severely undermining investor confidence and potentially impacting stock performance.
- Investor Actions: Affected investors are encouraged to apply to be lead plaintiffs by May 26, 2026, to share in any potential recovery, indicating active investor engagement in legal proceedings and concern for corporate governance.
- Law Firm's Strength: Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions, having recovered hundreds of millions for investors, emphasizing its crucial role in upholding market integrity and protecting investor rights.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased ImmunityBio securities between January 19 and March 24, 2026, to apply as lead plaintiffs by May 26, 2026, to participate in the class action without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that ImmunityBio made false and misleading statements during the class period, particularly regarding Anktiva's capabilities, resulting in investor losses when the truth emerged, highlighting significant transparency and compliance issues within the company.
- Law Firm's Advantage: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its success and resource advantages in handling such cases, urging investors to choose their legal counsel wisely.
- Participation Method: Investors can obtain more information by visiting Rosen Law Firm's website or calling toll-free at 866-767-3653, emphasizing that until the class is certified, investors may choose to retain or change their legal counsel.
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- Legal Investigation Initiated: Faruqi & Faruqi LLP is investigating potential claims against ImmunityBio, particularly for investors who purchased or acquired securities between January 19, 2026, and March 24, 2026, aiming to provide legal support for affected investors.
- Investor Rights Reminder: The firm reminds investors that May 26, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action, emphasizing the importance of timely action to protect their legal rights.
- Direct Contact Channels: Investors who have suffered losses can directly call Faruqi & Faruqi partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options and ensure they receive professional guidance.
- Securities Litigation Context: This investigation highlights the legal risks ImmunityBio may face, prompting investors to stay informed about developments to take timely measures against potential financial losses.
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- Class Action Initiation: Robbins Geller Rudman & Dowd LLP announces that purchasers of ImmunityBio securities from January 19 to March 24, 2026, can seek lead plaintiff status, highlighting investor concerns over potential legal risks facing the company.
- False Statement Allegations: The lawsuit alleges that ImmunityBio and its Executive Chairman made false or misleading statements during the Class Period, claiming that their lead product Anktiva could make all NMIBC patients cancer-free long-term without supporting evidence, potentially undermining investor confidence.
- FDA Warning Impact: On March 24, 2026, the FDA issued a warning letter to ImmunityBio's CEO, indicating that misleading advertising for Anktiva led to a 21% drop in stock price following the news, reflecting market concerns regarding the company's compliance and credibility.
- Law Firm Strength: Robbins Geller ranked #1 in securities class action recoveries in 2025, recovering over $916 million for investors, showcasing its strong capabilities in securities fraud and shareholder rights litigation, which may encourage more investors to join the lawsuit seeking compensation.
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- Lawsuit Background: ImmunityBio is facing a securities class action lawsuit due to misleading claims made by its Chief Scientific Officer regarding Anktiva's efficacy, involving investors who purchased shares between January 19 and March 24, 2026, highlighting potential legal repercussions from improper marketing practices.
- FDA Warning Letter: The FDA issued a warning letter to ImmunityBio, stating that promotional materials falsely claimed Anktiva could cure all cancers, resulting in a more than 21% drop in share price on March 24, 2026, erasing nearly $2 billion in market capitalization.
- Investor Losses: Hagens Berman is investigating whether ImmunityBio intentionally misled investors, urging those who suffered significant losses to come forward, indicating that the company's legal risks could adversely affect future financing and market trust.
- Public Health Impact: The FDA emphasized that ImmunityBio's misleading claims not only jeopardize investor interests but also pose serious public health risks by creating false expectations about Anktiva's treatment capabilities, potentially misleading patients regarding their treatment options.
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- Super Micro Computer Lawsuit: Super Micro Computer (NASDAQ:SMCI) faces a class action lawsuit for failing to disclose that sales to Chinese companies violated U.S. export control laws, with investor losses exceeding $50,000 and a lead plaintiff deadline of May 26, 2026, potentially damaging the company's reputation and stock price.
- ImmunityBio Issues: ImmunityBio (NASDAQ:IBRX) is being sued for overstating Anktiva's capabilities, with investor losses during the class period potentially affecting future financing, and the lead plaintiff deadline is also May 26, 2026.
- Pinterest Revenue Decline: Pinterest (NYSE:PINS) faces a class action lawsuit for not disclosing risks of declining advertising revenues, with investor losses before February 12, 2026, possibly leading to company restructuring, and the lead plaintiff deadline is May 29, 2026.
- New Era Energy Fraud Allegations: New Era Energy (NASDAQ:NUAI) is being sued for overstating progress on its Texas data center project and involvement in fraudulent schemes, with investor losses potentially impacting financial transparency, and the lead plaintiff deadline is June 1, 2026.
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