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INNOVENT BIOLGCS UNSP/ADR - $IVBIY STOCK NEWS

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Innovent Biologics, Inc. receives NMPA Breakthrough Therapy Designation for IBI343 as monotherapy for advanced gastric cancer. The designation is based on promising Phase 1 study results showing safety, tolerability, and antitumor activity in advanced GC patients. Innovent plans to conduct a Phase 3 clinical trial soon. The company aims to provide effective third-line treatment options for GC patients in need.

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Innovent Biologics, Inc. appoints Dr. Samuel Zhang as Global Chief Business Officer, bringing over 20 years of industry experience. Dr. Zhang will lead global strategy and business development, reporting to Dr. Michael Yu. His expertise includes identifying industry trends, R&D decision-making, and strategic transactions.

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Innovent Biologics, Inc. will present clinical data of multiple novel molecules at the 2024 ASCO Annual Meeting. The company is a leading biopharmaceutical firm focused on developing high-quality medicines for various diseases.
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Innovent Biologics, Inc. appoints Dr. Nageatte Ibrahim, a renowned Oncology Clinical Development Leader, as the Oncology Chief Medical Officer. Dr. Ibrahim brings over 11 years of industry experience and a successful track record in global clinical development, including leading pivotal studies for Keytruda in melanoma. Her appointment aims to enhance Innovent's oncology clinical development capabilities, build a global clinical development platform, and accelerate innovation in cancer treatments.
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Innovent Biologics presents preclinical data on novel bispecific antibodies and ADCs at AACR 2024, showcasing promising anti-tumor efficacy and safety profiles for potential cancer treatments.
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Innovent Biologics, Inc. announces the successful dosing of the first participant with IBI310 in a Phase 3 clinical trial for MSI-H/dMMR colon cancer neoadjuvant therapy. The trial aims to evaluate the safety and efficacy of IBI310 combined with sintilimab compared to adjuvant chemotherapy.
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Innovent Biologics, Inc. reports a transformative year with strong revenue growth, improved operational efficiency, and material innovation progress in 2023. The company achieved total revenue of RMB6,206.1 million, a 36.2% increase from 2022, and product sales revenue of RMB5,728.3 million, a 38.4% increase. EBITDA Loss significantly narrowed by 73.0%. Innovent solidified its oncology leadership, expanded its commercial portfolio, and made progress in late- and early-stage clinical development. The company's commitment to global innovation and sustainable growth is evident in its financial and operational achievements.
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Innovent Biologics, Inc. announced successful results in the Phase 2 clinical study of IBI302 for neovascular age-related macular degeneration (nAMD). The study showed non-inferior BCVA gains compared to Aflibercept, with stable visual benefits and anatomic improvements. IBI302 demonstrated potential inhibition in macular atrophy and extended dosing intervals, offering a new treatment option for nAMD patients.
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Innovent Biologics, Inc. announces the presentation of preclinical data on multiple novel bispecific antibodies and antibody-drug-conjugates from its oncology pipeline at the AACR Annual Meeting 2024. The company aims to develop next-generation therapies to tackle drug resistance and enhance treatment outcomes in immunotherapy.
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Innovent Biologics, Inc. announced positive results from two clinical studies of IBI311, showing safety and efficacy in healthy subjects and patients with thyroid eye disease. The studies demonstrated that IBI311 significantly improved proptosis in patients with TED, with a favorable safety profile. The results were presented at prestigious medical congresses, highlighting the potential of IBI311 as a targeted therapy for thyroid ophthalmopathy.
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INNOVENT BIOLGCS UNSP/ADR

OTC:IVBIY

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7.84B
1.38B
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
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United States of America
Suzhou