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BioInvent International's Annual Report 2020 published

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BioInvent International AB published its Annual Report for 2020, showcasing its commitment to developing innovative cancer therapies. The company operates three drug candidates in clinical trials, leveraging its proprietary F.I.R.S.T™ technology. This platform allows for the simultaneous identification of therapeutic targets and antibodies. BioInvent also generates revenue through collaborations and antibody production for third parties. The report is accessible on their website for stakeholders seeking detailed insights into the company’s performance and strategic direction.

Positive
  • Three drug candidates in ongoing Phase I/II clinical trials.
  • Proprietary F.I.R.S.T™ technology platform enhances drug development.
  • Revenue generated from collaborations with top-tier pharmaceutical companies.
Negative
  • None.

LUND, Sweden, April 8, 2021 /PRNewswire/ -- BioInvent International AB (publ) (Nasdaq Stockholm: BINV) today announced that the Annual Report for 2020 is published and available at the company's website, www.bioinvent.com.

About BioInvent

BioInvent International AB (Nasdaq Stockholm: BINV) is a clinical-stage company that discovers and develops novel and first-in-class immuno-modulatory antibodies for cancer therapy, with currently three drug candidates in four ongoing clinical programs in Phase l/ll trials for the treatment of hematological cancer and solid tumors, respectively. The Company's validated, proprietary F.I.R.S.T™ technology platform simultaneously identifies both targets and the antibodies that bind to them, generating many promising new drug candidates to fuel the Company's own clinical development pipeline or for additional licensing and partnering.

The Company generates revenues from research collaborations and license agreements with multiple top-tier pharmaceutical companies, as well as from producing antibodies for third parties in the Company's fully integrated manufacturing unit. More information is available at www.bioinvent.com.

For further information, please contact:

Cecilia Hofvander
Senior Director Investor Relations
+46 (0)46 286 85 50
cecilia.hofvander@bioinvent.com

BioInvent International AB (publ)
Co. Reg. No.: 556537-7263
Visiting address: Ideongatan 1
Mailing address: 223 70 LUND
Phone: +46 (0)46 286 85 50
www.bioinvent.com 

This information is such information as BioInvent International AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 8:30 a.m. CEST on April 8, 2021.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/bioinvent-international-ab/r/bioinvent-international-s-annual-report-2020-published,c3321301

The following files are available for download:

https://mb.cision.com/Main/583/3321301/1398389.pdf

BioInvent Annual Report 2020

https://mb.cision.com/Public/583/3321301/8c7dbd70905437fb.pdf

210408 Annual Report 2020 Eng

 

Cision View original content:http://www.prnewswire.com/news-releases/bioinvent-internationals-annual-report-2020-published-301264786.html

SOURCE BioInvent International AB

FAQ

What is the significance of BioInvent's Annual Report for 2020?

The Annual Report details BioInvent's achievements in cancer therapy development and outlines financial performance and strategic initiatives.

What drug candidates does BioInvent have in clinical trials?

BioInvent has three drug candidates in four ongoing Phase I/II trials targeting hematological cancers and solid tumors.

Where can I find BioInvent's Annual Report 2020?

The Annual Report for 2020 is available on BioInvent's official website.

How does BioInvent generate revenue?

BioInvent earns revenue through research collaborations, license agreements, and producing antibodies for third parties.

What is the focus of BioInvent's F.I.R.S.T™ technology?

The F.I.R.S.T™ technology platform focuses on identifying therapeutic targets and corresponding antibodies for drug development.

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