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The drug was initially approved for this indication under the accelerated pathway in 2022.Shares of AbbVie have gained 6.5% so far this year compared with the industry’s rise of 3.4%.Some better-ranked stocks from the biotech sector are Immunocore Holdings plc IMCR, ANI Pharmaceuticals, Inc. 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The growth is driven by the global rise in chronic diseases such as different types of cancer, autoimmune diseases, and infections.Cancer, particularly is becoming more prevalent among people globally. The American Cancer Society recently released its 2024 Global Cancer Statistics report, which highlights the increasing burden of cancer worldwide. In 2022 alone, approximately 20 million new cancer cases were diagnosed, and 9.7 million people died from the disease. By 2050, annual cancer cases are expected to reach 35 million, driving demand for innovative treatments like immunotherapy.Immunotherapy offers a promising alternative to traditional therapies, ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/9RziwAxOPXhAGO72Fa9VHw--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/b88c1d84966c37daaab95c8d50cfee53","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9RziwAxOPXhAGO72Fa9VHw--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/b88c1d84966c37daaab95c8d50cfee53"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/immunocore-holdings-plc-imcr-best-132536066.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4139","MNQmain","QID",".IXIC","SQQQ","BK4505","IMCR","QLD","NQmain","TQQQ","PSQ"],"gpt_icon":1},{"id":"2482781060","title":"Mizuho Securities Downgrades Immunocore to Neutral From Outperform, $72 Price Target","url":"https://stock-news.laohu8.com/highlight/detail?id=2482781060","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482781060?lang=en_us&edition=fundamental","pubTime":"2024-11-11 21:36","pubTimestamp":1731332167,"startTime":"0","endTime":"0","summary":"Mizuho Securities Downgrades Immunocore to Neutral From Outperform, $72 Price Target","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["MFG","IMCR"],"gpt_icon":0},{"id":"2482207210","title":"Immunocore Holdings Cut to Neutral From Outperform by Mizuho","url":"https://stock-news.laohu8.com/highlight/detail?id=2482207210","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482207210?lang=en_us&edition=fundamental","pubTime":"2024-11-11 19:50","pubTimestamp":1731325800,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/IMCR/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 11, 2024 06:50 ET (11:50 GMT)","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IMCR","MFG"],"gpt_icon":0},{"id":"2482209792","title":"Immunocore  : Mizuho Cuts Target Price to $38  From $72","url":"https://stock-news.laohu8.com/highlight/detail?id=2482209792","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482209792?lang=en_us&edition=fundamental","pubTime":"2024-11-11 18:49","pubTimestamp":1731322196,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241111:nFWN3MI0YE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4505","BK4139","IMCR"],"gpt_icon":0},{"id":"2482540604","title":"Immunocore Holdings Prepares Early Loan Agreement Termination","url":"https://stock-news.laohu8.com/highlight/detail?id=2482540604","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482540604?lang=en_us&edition=fundamental","pubTime":"2024-11-09 05:53","pubTimestamp":1731102781,"startTime":"0","endTime":"0","summary":"Immunocore Holdings ( ($IMCR) ) has shared an announcement. 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