Innovent Biologics Inc

01801: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$96.00	Ppds	Tvsngctlw

Innovent Is One of the Leading Chinese Biotech Firms

Yurou Zheng

Mar 21, 2024

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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