Innovent Biologics Inc

01801: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HKD 31.60	Zzmq	Wjkzkqdtm

Leader in China Biotech With Solid Commercial Potential

Yurou Zheng

Nov 3, 2023

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.

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