US FDA places clinical hold on Iovance's lung cancer treatment trial

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[December 27, 2023]  (Reuters) -The U.S. Food and Drug Administration has placed a clinical hold on Iovance Biotherapeutics' lung cancer therapy trial after a patient death, the company said on Wednesday.

Shares of the company were down 26.9% in premarket trading.

The company said that it will pause enrollment in trial studying LN-145 TIL during the hold, while patients who were previously treated with the therapy for non-small cell lung cancer will continue to be monitored.

The company said that it will work with the FDA to safely resume enrollment as soon as possible.

Non-small cell lung cancer is a disease in which cancer cells form in the tissues of the lung.

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The corporate logo of the U.S. Food and Drug Administration (FDA) is shown in Silver Spring, Maryland, November 4, 2009. REUTERS/Jason Reed/File Photo

(Reporting by Christy Santhosh; Editing by Shailesh Kuber)

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