Innovent Biologics Inc
01801: XHKG (HKG)
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Leading Chinese Biotech Company Innovent Just Achieved 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.
