IOVA is poised for growth with Amtagvi's FDA approval for advanced melanoma and a 48.8% response rate, bolstered by a competitor's therapy rejection, enhancing its market dominance. Successful global expansion and positive pipeline trial outcomes could drive significant upside, with analysts raising price targets to $20.
IOVA - $110 all-time high...? The stock is extremely undervalued with the recent FDA approval of its skin cancer therapy which from what I've read cost $500k per treatment. - Strong Buy