INOVIO's INO-3107 BLA Accepted by FDA for Review
INOVIO announced that the U.S. Food and Drug Administration, FDA, accepted the company's Biologics License Application, BLA, for INO-3107 for review as a potential treatment for adults with RRP. The review classification designated by FDA is Standard. The FDA assigned INO-3107 a Prescription Drug User Fee Act, PDUFA, review goal date of October 30, 2026, which is the date by which it intends to take action on the application. The FDA has indicated that it is not currently planning to hold an advisory committee meeting to discuss this application. INOVIO filed its BLA under the accelerated approval pathway. In the file acceptance letter, the FDA noted as a potential review issue its preliminary conclusion that the company has not submitted adequate information to justify eligibility for the accelerated approval pathway. INOVIO continues to believe that INO-3107 provides a meaningful therapeutic benefit over existing treatments and fulfills the criteria for accelerated approval. INOVIO plans to request a meeting with FDA to discuss next steps to remain eligible under the accelerated approval program. INOVIO is not currently planning to seek approval for INO-3107 under the traditional pathway.
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- Earnings Announcement Schedule: Inovio Pharmaceuticals is set to release its Q4 2023 earnings report on March 12 after market close, with consensus EPS estimates at -$0.36, indicating challenges in profitability.
- Historical Performance Review: Over the past year, Inovio has beaten EPS estimates 50% of the time and revenue estimates only 25% of the time, suggesting significant volatility in performance that may affect investor confidence.
- Expectation Revision Dynamics: In the last three months, there has been one upward revision and no downward adjustments to EPS estimates, reflecting a cautiously optimistic outlook from analysts regarding the company's future performance, though market reactions remain to be seen.
- FDA Review Impact: Inovio's respiratory papillomatosis asset was denied accelerated review, leading to a drop in stock price, highlighting the significant impact of FDA reviews on the company's growth potential.
- Class Action Overview: The Law Offices of Frank R. Cruz remind investors of class action lawsuits filed against BlackRock TCP Capital Corp., Oracle Corporation, Paysafe Limited, and Inovio Pharmaceuticals, urging investors to file lead plaintiff motions by the specified deadlines to protect their legal rights.
- BlackRock TCP Lawsuit Details: The lawsuit alleges that BlackRock failed to timely disclose the true valuation of investments and net asset value from November 2024 to January 2026, potentially exposing investors to significant losses, with a lead plaintiff deadline of April 6, 2026.
- Oracle Litigation Risks: In the class action from June to December 2025, Oracle investors were informed that the company's AI infrastructure strategy would lead to massive capital expenditures without corresponding revenue growth, with the lead plaintiff deadline also set for April 6, 2026.
- Issues with Paysafe and Inovio: Paysafe's lawsuit highlights significant reliance on high-risk clients that could negatively impact revenue growth, while Inovio faces challenges in timely submitting a critical application to the FDA due to manufacturing deficiencies, both with lead plaintiff deadlines of April 7, 2026.
- Legal Investigation Launched: Faruq & Faruqi, LLP is investigating potential claims against Inovio Pharmaceuticals, particularly for investors who purchased or acquired securities between October 10, 2023, and December 26, 2025, aiming to protect investor rights.
- Investor Contact Information: Securities Litigation Partner Josh Wilson encourages affected investors to contact him directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options, ensuring timely legal support for investors.
- Class Action Deadline: Investors should note that the deadline to seek lead plaintiff status in the federal securities class action against Inovio is April 7, 2026, a critical date that may affect their rights to claim.
- Law Firm Background: Faruq & Faruqi, LLP is a leading national securities law firm focused on protecting investor rights through investigations and litigation, demonstrating its expertise and influence in the field of securities law.
- Oracle Lawsuit: Oracle Corporation is facing a class action lawsuit for the period from June 12 to December 16, 2025, due to its AI infrastructure strategy leading to significant capital expenditure increases, which could severely impact its debt and credit rating, with investor losses expected to exceed $50,000.
- Paysafe Risks: Paysafe Limited is being sued for the period from March 4 to November 12, 2025, for failing to disclose significant exposure to a single high-risk client in its e-commerce business, which is likely to negatively impact its revenue growth and may prevent it from meeting its financial guidance for fiscal year 2025.
- Inovio Pharmaceuticals Issues: Inovio Pharmaceuticals, Inc. is facing a class action lawsuit for the period from October 10, 2023, to December 26, 2025, due to deficiencies in manufacturing its CELLECTRA device, which is expected to hinder its ability to submit the INO-3107 BLA to the FDA by the second half of 2024, affecting its regulatory and commercial prospects.
- Kyndryl Financial Misstatements: Kyndryl Holdings, Inc. is being sued for the period from August 7, 2024, to February 9, 2026, due to materially misstated financial statements, which are expected to prevent timely filing of its Quarterly Report for the quarter ended December 31, 2025, raising concerns about its business outlook.
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Inovio Pharmaceuticals and certain executives in the Eastern District of Pennsylvania, representing investors who purchased Inovio securities between October 2023 and December 2025, seeking damages for violations of federal securities laws.
- False Statements Uncovered: The lawsuit alleges that Inovio made materially false and misleading statements throughout the class period, failing to disclose manufacturing deficiencies in its CELLECTRA device, which delayed the submission of the INO-3107 BLA to the FDA until mid-2025, undermining investor confidence.
- Stock Price Volatility: Following the announcement of the delayed BLA submission on August 9, 2024, Inovio's stock price fell by 3.1% to close at $8.44 per share; subsequently, on December 29, 2025, the stock plummeted by 24.45% to $1.73 per share after the FDA accepted the BLA for standard review instead of accelerated review.
- Investor Rights at Stake: The lawsuit highlights significant economic losses suffered by investors due to Inovio's misleading statements, with Pomerantz LLP, a leading firm in securities class action litigation, committed to advocating for the rights of affected investors and seeking compensation.
- Lawsuit Notice Issued: The Gross Law Firm has issued a notice to shareholders of Inovio Pharmaceuticals, encouraging those who purchased shares between October 10, 2023, and December 26, 2025, to contact the firm regarding potential lead plaintiff status.
- Allegations Overview: The complaint alleges that Inovio made materially false or misleading statements during the class period, particularly regarding deficiencies in the manufacturing of its CELLECTRA device, which jeopardizes the timeline for submitting INO-3107 to the FDA.
- Critical Deadline: Shareholders must register by April 7, 2026, to participate in the class action, emphasizing the urgency of the legal process and the potential impact on their rights to claim damages.
- No Cost Participation: Once registered, shareholders will receive portfolio monitoring updates throughout the case lifecycle, and participation incurs no costs, highlighting the accessibility and transparency of legal services offered by the firm.











