Innovent Biologics Inc
01801: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|HS | LOCK|lr$H% | LOCK|TyZ>^M< |
Leading Chinese Biotech Company Innovent Is on Track to Profitability
Business Strategy and Outlook
Innovent is a leading biotech company in China with strong roots in oncology, anchored by its core PD-1 drug Tyvyt. The price cut for PD-1 drugs has stabilized gradually. Hence, we expect stable revenue growth from Tyvyt in the next three years as Tyvyt has more indications approved.
