$IBRX
It's exceptionally uncommon for the FDA head to overtly champion a drug from a biotech company personally. But this just happened, in my view.
Here’s the story:
Three weeks ago, Dr. Haggi appeared on "Cancer Decoded" with
@MarkHalperin and
@DrPatSoonShiong
He discussed the results that Anktiva—the wonder drug from ImmunityBio—had on a patient of his with brain cancer. He referred to MRIs from this patient and said that the cancer just melted away.
Then, just three days ago, there’s this interview with
@DrMakaryFDA , the new head of the FDA, saying he wants to approve new cancer drugs that can literally melt away cancer - WITHOUT CHEMO OR RADIATION.
I DO NOT BELIEVE THIS IS A COINCIDENCE.
From these two videos I think the FDA is closely looking at how they can grant broader approval for Anktiva to more cancer patients.
To me as a financial analyst, this signals strong potential support for the shares of ImmunityBio. If official good news comes from the FDA—such as expanded approvals for Anktiva—the stock could move much higher.
#MAHA