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    Lion Biotechnologies Reports Q3 2016 Financial Results

    Chelsea Pratt
    Nov. 04, 2016 07:36AM PST
    Biotech Investing

    Lion Biotechnologies, which develops cancer immunotherapies, today announced its third quarter financial results.

    Lion Biotechnologies, (NASDAQ: LBIO) which develops cancer immunotherapies, today announced its third quarter financial results.
    According to the press release, “Lion anticipates the ending cash, cash equivalents and short-term investments as of December 31, 2016, to be in excess of $164.0 million.”
    CEO Dr. Maria Fardis said the following:

    “Lion continues building momentum in broadening the utility of our TIL technology in new indications through internal R&D as well as with our collaborators … We are building our team to become a fully integrated immuno-oncology company.”

    Read the full press release here.

    lion biotechnologiesq3 2016financial results
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