Iovance Biotherapeutics Inc.

Company Snapshot

Founded: 2007
Entity Type: Public
Employees: 838
Region: U.S.
Revenue: $164.1 Millions
Revenue Year: 2024
Headquarter: U.S.
Key Geographics: North America, Europe
Corporate Address: 825 Industrial Road Suite 400, San Carlos California 94070 U.s. Tel. +1-650-260-7120 www.iovance.com

Company Overview

Iovance Biotherapeutics Inc. is a leading biotechnology company dedicated to revolutionizing cancer treatment through developing and commercializing novel cell therapies. Founded in 2007 and headquartered in San Carlos, California, Iovance is at the forefront of immuno-oncology, leveraging cutting-edge technologies to leverage the immune system’s potential in fighting cancer.

Iovance’s innovative approach is its proprietary Tumor-Infiltrating Lymphocyte (TIL) therapy platform. TIL therapy involves the isolation, expansion, and reinfusion of a patient’s tumor-infiltrating lymphocytes, immune cells naturally present within tumors and capable of recognizing and attacking cancer cells. By amplifying these potent anti-tumor immune cells outside the body and reintroducing them into the patient, Iovance aims to supercharge the immune response against cancer, leading to durable and potentially curative responses.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Iovance Biotherapeutics Inc. In Reports

Cell Therapy Biomanufacturing: Global Markets

BCC Research Market Analyst says global market for cell therapy biomanufacturing is expected to grow from $9.7 billion in 2024 and is projected to reach $16.7 billion by the end of 2029 at a CAGR of 11.5%.

Global Market for Cell and Gene Therapy

BCC Research Market Report provides an overview of Cell and Gene Therapy Market is segmented into rare diseases, oncology, hematology, cardiovascular, neurology and others based on application.

Melanoma Therapeutics: Global Markets

BCC Research Market Report says global market for melanoma therapeutics is estimated to increase from $7.4 billion in 2023 to reach $12.1 billion by 2028, at a CAGR of 10.2% from 2023 through 2028.

Company's Business Segments

  • Tumor Infiltrating Lymphocyte (TIL) : The company provides TIL therapy, products, and platform for patients with cancer.

Applications/End User Industries

  • Healthcare
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