January 16, 2026
Finance

ImmunityBio Advances Clinical Trials, Market Confidence Boosted by Positive Data and Regulatory Timelines

Significant progress reported in bladder cancer and lymphoma trials as company eyes FDA submission by 2026

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Summary

ImmunityBio Inc. has experienced a substantial year-to-date stock increase driven by promising early data from its cancer clinical trials and a clear timeline for a prospective FDA biologics license application. Enrollment milestones and interim efficacy results have reinforced investor optimism regarding the company's key assets in bladder cancer and Waldenström Non-Hodgkin lymphoma.

Key Points

Enrollment in ImmunityBio’s QUILT-2.005 NMIBC trial has exceeded expectations, reaching over 85% of targeted patients with full enrollment predicted by Q2 2026.
Interim data show that combination therapy of Anktiva with BCG significantly extends the duration of complete response compared to BCG alone in BCG-naïve NMIBC patients, achieving statistical significance at nine months.
Updated results from the QUILT-106 study in Waldenström Non-Hodgkin lymphoma demonstrate sustained complete remissions lasting up to 15 months without additional therapy in all four enrolled patients.
Based on ongoing enrollment and data, ImmunityBio plans to submit a biologics license application to the FDA by the end of 2026.

ImmunityBio Inc. (NASDAQ: IBRX) has seen its share price more than double this year following the release of encouraging preliminary fourth-quarter trial results and positive clinical data updates. The uptick reflects a growing investor confidence anchored in the company’s advancements in cancer immunotherapy development.

On Friday, ImmunityBio provided an update on its ongoing clinical studies, particularly highlighting accelerated enrollment and noteworthy efficacy outcomes from its lead candidates for non-muscle-invasive bladder cancer (NMIBC) and Waldenström Non-Hodgkin lymphoma.

Progress in NMIBC Trial Enrollment and FDA Timeline

The firm reported that enrollment in its QUILT-2.005 study, a randomized registrational trial evaluating Anktiva (nogapendekin alfa inbakicept) in combination with Bacillus Calmette-Guérin (BCG) treatment in BCG-naïve NMIBC patients, has outpaced initial internal forecasts. With over 85% of the targeted patient population enrolled, full recruitment is expected to be completed by the second quarter of 2026.

This accelerated pace supports ImmunityBio’s current projection of submitting a biologics license application (BLA) to the U.S. Food and Drug Administration (FDA) before the close of 2026.

In 2023, the FDA mandated an interim analysis of the QUILT-2.005 trial to evaluate the complete response rate and duration of response in patients receiving Anktiva plus BCG versus BCG alone. Results from this analysis demonstrated a statistically significant extension in response duration for patients treated with the Anktiva combination.

Detailed Interim Efficacy Findings

  • At the six-month mark, 85% of patients in the combination arm maintained a complete response compared to 57% in the BCG-only group.
  • At nine months, 84% of patients receiving Anktiva plus BCG retained complete response status versus 52% in the control group.

Despite the modest sample size of the interim cohort, the improvement in duration of complete response at nine months achieved statistical significance with a p-value of 0.0455.

QUILT-106 Trial Update in Waldenström Non-Hodgkin Lymphoma

Separately, ImmunityBio provided updated clinical and safety results from the ongoing QUILT-106 study, investigating an off-the-shelf allogeneic CD19 chimeric antigen receptor natural killer cell (CAR-NK) therapy combined with rituximab in patients with Waldenström Non-Hodgkin lymphoma, a rare form of B-cell malignancy.

Longer-term follow-up data have shown sustained complete responses extending up to 15 months and still ongoing. To date, all four enrolled patients remain in disease control with no progression.

Two of these patients have undergone long-term follow-up evaluations, revealing durable complete remissions at seven months and 15 months respectively, without any additional treatments following the initial administration of eight immunotherapy doses.

Notable Patient Outcomes

  • One patient presenting with multiple lymphomatous bone lesions achieved a complete response after only four doses of CAR-NK plus rituximab.
  • Another patient with approximately 95% bone marrow infiltration by tumor cells attained a complete bone morphological remission maintained for 15 months and ongoing, despite no further therapeutic intervention after the initial treatment course.

Market Reaction

ImmunityBio’s shares reflected these clinical advances positively, trading up 34.81% to $5.33 as of Friday's market close. The noteworthy stock performance illustrates the market’s responsiveness to the company’s progress towards potential regulatory milestones and treatment breakthroughs for difficult-to-treat hematologic and uro-oncologic conditions.

Risks
  • Completion of full patient enrollment in QUILT-2.005 is projected for 2026, implying a multi-year timeline with potential for delays.
  • Current efficacy results derive from interim analyses with limited sample sizes, which may not fully represent broader patient outcomes.
  • The FDA submission and approval are anticipated by 2026 but remain contingent upon the trial’s successful completion and regulatory review outcomes.
  • Long-term safety and efficacy outside of controlled trial conditions remain to be established as the therapies advance towards commercialization.
Disclosure
Education only / not financial advice
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