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FDA Warns Soon-Shiong Over Anktiva Cancer Drug Claims

FDA Warns Soon-Shiong Over Anktiva Cancer Drug Claims

Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 24, 20261m 16s

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Show Notes

Federal health officials issue warning to biotech billionaire Dr. Patrick Soon-Shiong over exaggerated claims about his companys bladder cancer drug, Anktiva. The drug, approved for a tough-to-treat bladder cancer, is now under scrutiny for promotions suggesting it could treat, cure, or prevent other cancers like lung and pancreatic types. Shares in ImmunityBio plummeted after the warning, and the company plans to cooperate with the FDA. This case highlights strict rules around promoting unapproved benefits and the tougher enforcement on drug ads, including those on podcasts and TV shows.

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