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Iovance Biotherapeutics, Inc.

Complete construction of Navy Yard GMP facility

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
7 Jan 2021
Due
31 Dec 2021
Checked
25 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Completion of Navy Yard GMP facility ( i CTC )”

What we found

Evidence strength A What the grades mean

The company's filings from 2022 indicate that construction of the iCTC facility was still ongoing after the 2021 deadline, with further spending and completion activities expected throughout 2022.

  • A
    Iovance Biotherapeutics, Inc. 10-Q filed 2022-05-05 Regulatory filing · published 5 May 2022 · retrieved 25 Oct 2026 · kept permanently by the SEC · fingerprint 5216514d9cb4
    “We expect to further increase our research and development activities, especially continuing pre-commercial activities and completing the construction of our tenant improvements to the iCTC facility” ✓ confirmed on the page

Market reaction: the shares moved -13.6% against the S&P 500 over the three sessions around the disclosure (4 May 2022 to 9 May 2022). What this measures

Checked 25 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Facility opening
Indicative materiality
High rules
Action
Complete
Deliverable
Navy Yard GMP facility
Where
Philadelphia
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2021-IOVA-021231 · Corrections policy

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