IOVA IOVANCE BIOTHERAPEUTICS, INC.

FY2025 10-K
Filed: Feb 24, 2026
Health Care
Biological Products, (No Diagnostic Substances)SEC EDGAR

IOVANCE BIOTHERAPEUTICS, INC. (IOVA) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Commercial-stage biopharma pioneering individualized tumor infiltrating lymphocyte (TIL) cell therapies for solid tumor cancers
  • New/regulatory: Amtagvi approved in U.S. and Canada, pending UK/Australia 2026 approvals, withdrawn and resubmitting EU MAA in 2026
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Management Discussion & Analysis

  • Revenue $263.5M, up 61% YoY; Amtagvi $220.0M (up $116.5M), Proleukin $43.5M (down $17.0M)
  • Cost of sales $173.2M, up 86%; R&D $300.3M, up 9%; SG&A flat at $152.3M; total expenses $666.9M, up 19%
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Risk Factors

  • Cybersecurity risk from internal systems and CROs, requiring increased resources to counter sophisticated threats
  • Dependency on IT infrastructure vulnerable to security breaches impacting business operations
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