ImmunityBio’s Anktiva has received FDA approval for treating BCG-unresponsive non-muscle invasive bladder cancer (NMIBC), marking a significant milestone for the company. The approval follows a successful trial, showing a 62% complete response rate and a 58% duration of response at 12 months. Anktiva enters a competitive market with existing treatments like Keytruda and Adstiladrin, and emerging therapies like TAR-200 and CG0070 showing promise. Despite the approval, ImmunityBio’s $3 billion enterprise value is seen as optimistic given the competitive landscape and financial challenges facing the company. Analysts anticipate sales of $84 million and $197 million in 2025 and 2026 respectively, but beyond that, Anktiva’s potential remains uncertain due to the upcoming fierce competition.
Results for: NMIBC
The FDA has approved ImmunityBio’s Anktiva in combination with Bacillus Calmette-Guérin (BCG) for BCG-unresponsive non-muscle invasive bladder cancer (NMIBC) with carcinoma in situ (CIS). Anktiva, a first-in-class IL-15 agonist immunotherapy, received FDA Breakthrough Therapy Designation and approval based on its high complete response rate (62%) and long duration of complete response (over 47 months). The approval marks a significant milestone for ImmunityBio and the field of immunotherapy in bladder cancer treatment.