Innovent Biologics, Inc. (IVBIY)

OTCMKTS · Delayed Price · Currency is USD
44.11
+0.55 (1.26%)
At close: Jul 9, 2026
Market Cap20.54B +9.4%
Revenue (ttm)1.86B +38.4%
Net Income116.32M
EPS0.07
Shares Out n/a
PE Ratio176.58
Forward PE60.02
Dividendn/a
Ex-Dividend Daten/a
Volume200
Open44.11
Previous Close43.56
Day's Range44.11 - 44.11
52-Week Range37.54 - 52.00
Beta0.20
Analystsn/a
Price Targetn/a
Earnings DateAug 21, 2026

About Innovent Biologics

Innovent Biologics, Inc., a biopharmaceutical company, engages in the research and development of antibody and protein medicine products in the People’s Republic of China, the United States, Europe, and internationally. The company discovers, develops, manufactures, and commercializes monoclonal antibodies and other drugs for the treatment of oncology, ophthalmology, autoimmune, cardiovascular, and metabolic diseases. Its commercial stage product portfolio includes TYVYT (sintilimab injection), BYVASDA (bevacizumab injection), SULINNO (adalimum... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2011
Employees 7,502
Stock Exchange OTCMKTS
Ticker Symbol IVBIY

Financial Performance

Financial numbers in CNY Financial Statements

News

Spero licenses Innovent's experimental immune disease drug for up to $1.1 billion

Spero Therapeutics has licensed rights outside Greater China to develop and commercialize Innovent Biologics' ​experimental autoimmune disease treatment in a deal worth ‌up to about $1.1 billion, the ...

6 days ago - Reuters

Innovent Grants Spero Ex-China Rights To Anti-CD40L Antibody IBI355 In Up To $1.1 Bln Deal

(RTTNews) - Innovent Biologics, Inc (IVBXF) said on Tuesday it entered into an exclusive licensing agreement with Spero Therapeutics, Inc. (SPRO) for IBI355, a third-generation Fc-silent anti-CD40L an...

6 days ago - Nasdaq

Spero Therapeutics, Innovent Biologics enter license agreement for SP001

Spero Therapeutics (SPRO) and Innovent Biologics (IVBXF) announced an exclusive license agreement for SP001, a third-generation Fc-silent anti-CD40L antibody. Spero will receive exclusive rights to de...

6 days ago - TheFly

Eli Lilly Hands China Sales Rights for Verzenio to Innovent

Eli Lilly Hands China Sales Rights for Verzenio to Innovent

20 days ago - GuruFocus

Innovent And Lilly Join Forces To Broaden Verzenios Reach In China

(RTTNews) - Innovent Biologics, Inc. (HKEX: 01801) and Eli Lilly (LLY) have signed a commercialization agreement for Verzenios in mainland China, aiming to expand access to the breast cancer therapy a...

20 days ago - Nasdaq

Innovent Biologics, Eli Lilly enters Verzen distribution and promotion agreement

Innovent Biologics (IVBXF) and Eli Lilly (LLY) jointly announced that they have entered into a distribution and promotion agreement regarding Lilly’s CDK4 & 6 inhibitor Verzenios in mainland China. In...

21 days ago - TheFly

Innovent Biologics (IVBIY) Partners with Eli Lilly for Verzenios® Distribution in China

Innovent Biologics (IVBIY) Partners with Eli Lilly for Verzenios® Distribution in China

21 days ago - GuruFocus

China's Innovent Biologics gains commercialization rights for Eli Lilly breast cancer drug

Innovent Biologics ​has entered ‌into an agreement that ​grants ​it sole commercialization ⁠rights for ​Eli Lilly's ​breast cancer drug Verzenios in ​mainland ​China, the Chinese drugmaker ‌said ⁠Tues...

21 days ago - Reuters

Pfizer, Innovent GLP-1 drugs pass China insurance preliminary review

Pfizer's GLP-1 ​drug Ecnoglutide ‌and Innovent Biologics' ​mazdutide injection ​have passed a ⁠preliminary ​review to ​be potentially included in China's ​basic ​medical insurance drug catalogue, ‌a ⁠...

22 days ago - Reuters

Innovent's Partner Ollin Biosciences Announces Oversubscribed $330 Million Series B Financing to Advance Global Phase 3 Development of IBI324 (OLN324) in DME and Wet AMD; Studies Commencing in Second Half of 2026

SAN FRANCISCO and SUZHOU, China, June 24, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures, and commerciali...

26 days ago - PRNewsWire

Innovent Biologics Announces First Patient Dosed in a Phase 3 Clinical Trial of IBI3003(GPRC5D/BCMA/CD3 Tri-specific Antibody) for the Treatment of Multiple Myeloma

SAN FRANCISCO and SUZHOU, China, June 21, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializ...

4 weeks ago - PRNewsWire

2026 ADA | Innovent Presents Multiple Clinical and Preclinical Results of Next-Generation Obesity & Metabolic Pipeline

SAN FRANCISCO and SUZHOU, China, June 8, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercialize...

6 weeks ago - PRNewsWire

World's First CLDN18.2 ADC for Regulatory Review: Innovent Biologics Announces IBI343 (arcotatug tavatecan) Met Primary Endpoint in International Phase 3 Study in Advanced Refractory Gastric Cancer and NDA Accepted by China NMPA

SAN FRANCISCO and SUZHOU, China, June 4, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercialize...

6 weeks ago - PRNewsWire

Innovent Biologics announces results from PoC study of IBI363

Innovent Biologics (IVBXF) announced the preliminary results from a PoC clinical study of its global first-in-class PD-1/IL-2alpha-bias bispecific fusion protein IBI363 plus chemotherapy in the first-...

7 weeks ago - TheFly

2026 ASCO | Innovent Presents Preliminary PoC Data of IBI363 (TAK-928) PD-1/IL-2α-bias bispecific fusion protein) in First-line Advanced NSCLC

IBI363 in combination with chemotherapy demonstrated encouraging efficacy signals and manageable safety in the first-line treatment of NSCLC with PD-L1 negative or low expression . The 3→ 1.5 mg/kg do...

7 weeks ago - PRNewsWire

2026 ASCO | Innovent Presents Long-Term Follow-up Results from the PoC Study of IBI363 (TAK-928) (PD-1/IL-2α-bias bispecific fusion protein), Showing Robust Survival Benefits in Advanced Immunotherapy-Resistant Non-Small Cell Lung Cancer

After long-term follow-up, IBI363 monotherapy demonstrated strong overall survival (OS) with a long tail effect in IO-resistant squamous NSCLC and adenoNSCLC IBI363 has entered a global Phase 3 clinic...

7 weeks ago - PRNewsWire

Innovent Biologics shares rise 10% after pact with Pfizer of up to $10.5 billion

The partnership includes licensing, co-development, and co-commercialization opportunities across a diverse portfolio of antibody-drug conjugates. Innovent will will co-commercialize with Pfizer in th...

7 weeks ago - CNBC

China's Innovent Biologics, Pfizer strike up to $10.5 billion cancer drug deal

Chinese biopharmaceutical ​firm Innovent ‌Biologics and U.S. ​pharma ​giant Pfizer have ⁠struck a ​global ​licensing and collaboration deal worth ​up ​to $10.5 billion to ‌research ⁠and develop 12 ear...

7 weeks ago - Reuters

Pfizer enters into global strategic collaboration with Innovent Biologics

Pfizer (PFE) and Innovent Biologics (IVBXF) announced the companies have entered into a strategic global licensing and collaboration agreement for the research and development of 12 promising new brea...

7 weeks ago - TheFly

2026 ASCO Abstract Highlights | Innovent Announces Preliminary PoC data of IBI363 (PD-1/IL-2α-bias bispecific fusion protein) in Combination with Chemotherapy as First-line Treatment for Advanced NSCLC, Showing Encouraging Efficacy Signals and Favorable S

SAN FRANCISCO and SUZHOU, China, May 21, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercialize...

2 months ago - PRNewsWire

2026 ASCO Abstract Highlights: Innovent Biologics' IBI363 (PD-1/IL-2α-bias bispecific fusion protein) Demonstrates Robust Survival Benefits in Long-Term Follow-up of PoC Study in Advanced Immunotherapy-Resistant Non-Small Cell Lung Cancer

SAN FRANCISCO and SUZHOU, China, May 21, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercialize...

2 months ago - PRNewsWire

Innovent and HUTCHMED Jointly Announce NMPA Approval for TYVYT® (Sintilimab Injection) in Combination with ELUNATE® (Fruquintinib) for the Treatment of Patients with Locally Advanced or Metastatic Renal Cell Carcinoma

Reduced risk of disease progression or death by 63%, with median PFS of 22.2 months in the FRUSICA-2 registration study SAN FRANCISCO and SUZHOU, China, May 21, 2026 /PRNewswire/ -- Innovent Biologics...

2 months ago - PRNewsWire

Innovent Showcased Clinical and Preclinical Results of Next-Generation Autoimmune and Ophthalmology Pipeline at the 2026 ATS and ARVO Conferences

SAN FRANCISCO and SUZHOU, China, May 18, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercialize...

2 months ago - PRNewsWire

Innovent to Present Multiple Clinical and Preclinical Results of Mazdutide and Next-Generation Obesity & Metabolic Pipeline at the 2026 ADA Scientific Sessions

SAN FRANCISCO and SUZHOU, China, May 12, 2026 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercialize...

2 months ago - PRNewsWire

Innovent Announces IBI363 (PD-1/IL-2α-bias Bispecific Fusion Protein) Received Third NMPA Breakthrough Therapy Designation for MSS/pMMR Metastatic Colorectal Cancer

SAN FRANCISCO and SUZHOU, China, May 10, 2026 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures, and commercializes...

2 months ago - PRNewsWire