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Innovent Biologics, Inc. (IVBIY) is a renowned biopharmaceutical company specializing in the development, manufacturing, and commercialization of high-quality medicines for various diseases, including oncology, cardiovascular, metabolic, autoimmune, and ophthalmology. The company's recent achievements include the publication of results from the Phase 2 TRUST-I study evaluating taletrectinib, a next-generation ROS1 tyrosine kinase inhibitor, and the development of innovative therapies targeting CLDN18.2/CD3 and PD-1/IL-2 pathways.
Innovent Biologics has established itself as a leader in the biopharmaceutical industry, with a strong focus on empowering patients worldwide with affordable, effective treatments. With a diverse portfolio of products and ongoing clinical trials, the company continues to drive innovation and advance the field of biopharmaceuticals.
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Innovent Biologics and AnHeart Therapeutics announce the acceptance of a second New Drug Application for taletrectinib as a first-line treatment for ROS1-positive non-small cell lung cancer in China. The NDA is based on positive Phase 2 trial results, with additional data expected in 2024.
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Innovent Biologics, Inc. announces the initiation of a phase 1 clinical trial for IBI3002, a bispecific antibody targeting IL-4Rα and TSLP, showing potential in treating inflammatory diseases like asthma.
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Innovent Biologics, Inc. achieves primary endpoint in Phase 3 study of IBI311 for Thyroid Eye Disease, showing significant efficacy and safety. Plans to submit NDA for IBI311 to NMPA. Detailed results to be shared in future conferences or journals.
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Innovent Biologics, Inc. announces the acceptance of the New Drug Application (NDA) for mazdutide, a GLP-1R/GCGR dual agonist, by the National Medical Products Administration (NMPA) of China for chronic weight management in adults with obesity or overweight. The Phase 3 clinical trial of mazdutide in Chinese adults with overweight or obesity met primary and secondary endpoints, showing superiority over placebo in terms of body weight reduction and cardiometabolic endpoints. The safety profile was similar to previous clinical studies, with no new safety signals observed. The leading principal investigator of the study, Professor Linong Ji, emphasized the potential benefits of mazdutide in reducing chronic disease risks, and Dr. Lei Qian, Vice President of Clinical Development of Innovent, highlighted the potential of mazdutide as a next-generation GLP-1-based anti-obesity drug with robust weight-loss efficacy and cardiometabolic benefits.
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Innovent Biologics, Inc. (IVBIY) announced the retirement of CFO Mr. Ronald Hao Xi Ede after a seven-year tenure, with Ms. Fei You appointed as the new CFO. Mr. Ede will continue as an executive director and managing partner of the Company's funds. Ms. You brings over 20 years of experience in financial management and strategic investment. Innovent's Founder, Chairman, and CEO, Dr. Michael Yu, expressed gratitude towards Mr. Ede's contributions and welcomed Ms. You as the new CFO.
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Innovent Biologics, Inc. (Innovent) (HKEX: 01801) announces successful Phase 3 trial of mazdutide for weight management in Chinese adults with overweight or obesity, meeting primary and key secondary endpoints with positive safety profile.
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Innovent Biologics, Inc. (Innovent) (HKEX: 01801) announces the successful dosing of the first participant in a Phase 3 clinical trial of mazdutide, a dual agonist for Chinese adults with obesity, showing promising results from a Phase 2 study. The drug demonstrated an 18.6% placebo-adjusted mean percent reduction in body weight and multiple metabolic benefits in Chinese people with obesity.
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Innovent Biologics, Inc. (HKEX: 01801) and Xuanzhu Biopharma announce a clinical trial collaboration and supply agreement for the combination therapies of TYVYT® (sintilimab injection) with KM-501 for advanced solid tumors in China.
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Innovent Biologics, Inc. (HKEX: 01801) and Sanegene Bio USA Inc. have entered into a collaboration agreement to co-develop SGB-3908, an siRNA drug candidate targeting angiotensinogen (AGT) for the treatment of hypertension. Innovent also obtains an exclusive option to license in the future development, manufacturing, and commercialization rights of SGB-3908. Both parties will leverage their respective strengths to accelerate the development and ensure the commercial success of this innovative siRNA drug candidate.
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Innovent Biologics, Inc. (HKEX: 01801) and AnHeart Therapeutics announced that the Center for Drug Evaluation of China's National Medical Products Administration has granted Priority Review Designation for the New Drug Application of taletrectinib, a next-generation ROS1 tyrosine kinase inhibitor, for the treatment of adult patients with locally advanced or metastatic ROS1-positive non-small cell lung cancer who have been previously treated with ROS1 TKIs.
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FAQ
What is the current stock price of INNOVENT BIOLGCS UNSP/ADR (IVBIY)?
The current stock price of INNOVENT BIOLGCS UNSP/ADR (IVBIY) is $19.15 as of November 21, 2024.
What is the market cap of INNOVENT BIOLGCS UNSP/ADR (IVBIY)?
The market cap of INNOVENT BIOLGCS UNSP/ADR (IVBIY) is approximately 7.8B.
What is Innovent Biologics, Inc. known for?
Innovent Biologics, Inc. is renowned for its development, manufacturing, and commercialization of high-quality medicines for various diseases, including oncology, cardiovascular, metabolic, autoimmune, and ophthalmology.
What are some recent achievements of Innovent Biologics?
Recent achievements of Innovent Biologics include the publication of results from the Phase 2 TRUST-I study evaluating taletrectinib and the development of innovative therapies targeting CLDN18.2/CD3 and PD-1/IL-2 pathways.
How does Innovent Biologics empower patients worldwide?
Innovent Biologics aims to provide affordable, high-quality biopharmaceuticals to patients worldwide, ensuring access to effective treatments for various diseases.
INNOVENT BIOLGCS UNSP/ADR