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ImmunityBio Inc
ImmunityBio creates treatments for cancer and infectious diseases by engineering the body's immune system to fight illnesses. Doctors and patients use these therapies in clinical trials to test their safety and effectiveness. The company makes money from funding for research, partnerships with other firms, and future sales if the drugs get approved for widespread use.
ImmunityBio operates in the biotechnology sector, focusing on immunotherapy to treat diseases like cancer. This industry involves high research costs and long development timelines for new drugs. Companies make money through partnerships, grants, and eventual drug sales if treatments get approved. Success often depends on clinical trial results and regulatory approvals from agencies like the FDA.
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