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Iovance: The Company Makes It Hard To Estimate Revenue Growth

Source: SeekingAlpha

2025-03-18 12:02:56 ET

Summary

  • Iovance reported Q4'24 revenues of $25M from Proleukin, a 51% increase from the prior quarter, but Amtagvi revenues of 48.7M, were up just 16% from the prior quarter.
  • Proleukin revenues could be a leading indicator for Amtagvi revenues, but the company also supplied a new distributor in Q4'24, making it hard to judge Q1'25 Amtagvi growth.
  • Obsidian Therapeutics represents a relevant competitor with a cell therapy called OBX-115, that has potential advantages over lifileucel, although IOVA has its own next-gen therapies in development.

Read the full article on Seeking Alpha

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Iovance: The Company Makes It Hard To Estimate Revenue Growth
Immatics N.V.

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