FDA issued a warning letter citing misleading promotional materials related to ImmunityBio cancer therapy Anktiva.
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The warning letter raises both regulatory and commercial questions even as analysts maintain sales outlook for the product.
Following the agency’s letter, shares of ImmunityBio fell 26%.1
Why did FDA send ImmunityBio a warning letter?
According to FDA, the agency’s Office of Prescription Drug Promotion (OPDP) says a direct-to-consumer television advertisement and a podcast featuring company leadership made false or misleading claims about the drug’s efficacy and approved use.2
The advertisements, which include appearances by CEO Richard Adcock and executive chairman Patrick Soon-Shiong, suggest that Anktiva could cure cancer, prevent recurrence, and act broadly across multiple tumor types, claims the FDA said are not supported by available evidence or the product’s labeling.2
Anktiva was approved back in April 2024 for a specific form of bladder cancer: Bacillus Calmette-Guérin-unresponsive nonmuscle invasive bladder cancer with carcinoma in situ, when used in combination with BCG.1
The FDA emphasizes that the promotional content failed to clearly communicate the limited indication and instead implied broader applicability, including treatment of “all cancers” and potential use as a cancer-preventive therapy.2
The warning letter also raised concerns about representations of how the drug is administered. While Anktiva is approved for intravesical use only, the promotional materials included descriptions and imagery suggesting it could be given as an injection, including subcutaneously.2
The FDA notes that such claims could mislead patients about safe and appropriate use, particularly given the lack of evidence supporting alternative routes of administration.