Iovance Biotherapeutics has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $211 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Iovance Biotherapeutics is raising $211,000,000.00 in new funding. About Iovance Biotherapeutics: Iovance Biotherapeutics, Inc., a clinical-stage biotechnology company, focuses on developing and commercializing cancer immunotherapy products to harness the power of a patient’s immune system to eradicate cancer cells. The company’s lead product candidate is lifileucel that is in Phase II clinical trial for the treatment of metastatic melanoma and cervical cancer. It also develops LN-145 for the treatment of metastatic non-small cell lung cancer; IOV-4001 for the treatment of melanoma non-small cell lung cancer; IOV-2001; and IOV-3001. Iovance Biotherapeutics, Inc. has collaborations and licensing agreements with H. Lee Moffitt Cancer Center; M.D. Anderson Cancer Center; Ohio State University; Centre hospitalier de l’Universit de Montreal; Cellectis S.A.; Novartis Pharma AG; Melanoma Institute Australia; and Beth-Israel Deaconess Medical Center. The company was formerly known as Lion Biotechnologies, Inc. and changed its name to Iovance Biotherapeutics, Inc. in June 2017. Iovance Biotherapeutics, Inc. was incorporated in 2007 and is headquartered in San Carlos, California.
To learn more about Iovance Biotherapeutics, visit http://www.iovance.com/
Contact:
Frederick Vogt, Chief Executive Officer
650-260-7120
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