Innovent Biologics Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Public

  • Employees
  • 5,659

Employees

  • Stock Symbol
  • 01801

Stock Symbol

  • Investments
  • 5

  • Share Price
  • $6.76
  • (As of Tuesday Closing)

Innovent Biologics General Information

Description

Innovent Biologics, or Innovent, is one of the leading biotechnology companies in China. Listed on the Hong Kong Exchange in 2018, Innovent has 12 commercialized oncology products and three commercialized nononcology products as of March 2025. Its core asset is Tyvyt, a PD-1 inhibitor included in the National Reimbursement Drug Lists for the first-line treatment of five major cancers. Innovent has over 30 strategic collaborations with global pharmaceutical or biotech companies, such as Eli Lilly, Roche Group, Incyte, and others. It also has a wide spectrum of therapeutic targets in early clinical developments. Among its upcoming pipelines, the potential blockbuster is Mazdutide, a therapy for obesity and type 2 diabetes.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 999 Jinguang Road
  • Minhang
  • Shanghai, Jiangsu 201100
  • China
+86 021
Primary Industry
Pharmaceuticals
Other Industries
Drug Discovery
Biotechnology
Stock Exchange
HKG
Vertical(s)
Corporate Office
  • 999 Jinguang Road
  • Minhang
  • Shanghai, Jiangsu 201100
  • China
+86 021

Innovent Biologics Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Innovent Biologics Stock Performance

As of 22-Apr-2025, Innovent Biologics’s stock price is $6.76. Its current market cap is $11B with 1.63B shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$6.76 $6.09 $3.68 - $6.81 $11B 1.63B 17.3M

Innovent Biologics Financials Summary

As of 31-Dec-2024, Innovent Biologics has a trailing 12-month revenue of $1.31B.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 6,997,928 6,997,928 8,233,917 5,957,729
Revenue 1,313,071 1,313,071 877,198 676,569
EBITDA (1,529) (157,391) (287,902)
Net Income (13,188) (13,188) (145,291) (323,596)
Total Assets 2,959,220 2,959,220 2,909,934 2,549,367
Total Debt 387,809 387,809 510,754 467,947
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Innovent Biologics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Innovent Biologics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Innovent Biologics, or Innovent, is one of the leading biotechnology companies in China. Listed on the Hong Kong Exchang
Pharmaceuticals
Shanghai, China
5,659 As of 2024

Shanghai, China
 

Suzhou, China
 
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Innovent Biologics Competitors (51)

One of Innovent Biologics’s 51 competitors is Abbisko Therapeutics, a Formerly VC-backed company based in Shanghai, China.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Abbisko Therapeutics Formerly VC-backed Shanghai, China
CStone Pharmaceuticals Formerly VC-backed Suzhou, China
Alphamab Oncology Formerly VC-backed Suzhou, China
BeiGene Formerly PE-Backed Beijing, China
Dicerna Pharmaceuticals Formerly VC-backed Lexington, MA
You’re viewing 5 of 51 competitors. Get the full list »

Innovent Biologics Patents

Innovent Biologics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2023310539-A1 Mutant promoting homologous pairing of heavy and light chains of multispecific antibody Pending 22-Jul-2022
AU-2023281591-A1 Treatment method using mazdutide Pending 01-Jun-2022
EP-4534095-A2 Treatment method using mazdutide Pending 01-Jun-2022
US-20250073347-A1 Antibody-drug conjugate targeting claudin18.2 Pending 17-Dec-2021
AU-2022405415-A1 Antibody binding to bcma and use thereof Pending 07-Dec-2021 C07K16/2878
To view Innovent Biologics’s complete patent history, request access »

Innovent Biologics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Innovent Biologics Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Innovent Biologics Investments (5)

Innovent Biologics’s most recent deal was a Later Stage VC with IASO Bio. The deal was made on 05-Jul-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
IASO Bio 05-Jul-2024 Later Stage VC Drug Discovery
Affini-T 17-Mar-2022 Early Stage VC Biotechnology
Etana Biotech 14-Sep-2021 Later Stage VC Biotechnology
AnHeart Therapeutics 01-Sep-2021 Early Stage VC Biotechnology
Ascentage Pharma 14-Jul-2021 PIPE Drug Discovery
To view Innovent Biologics’s complete investments history, request access »

Innovent Biologics ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

29.28 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Pharmaceuticals

Industry

of 861

Rank

Percentile

Biotechnology

Subindustry

of 371

Rank

Percentile

To view Innovent Biologics’s complete esg history, request access »

Innovent Biologics Exits (1)

Innovent Biologics’s most recent exit was on 01-Sep-2021 from AnHeart Therapeutics. The exit was categorized as with 5 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
AnHeart Therapeutics 01-Sep-2021 Completed
  • 5 buyers
To view Innovent Biologics’s complete exits history, request access »

Innovent Biologics Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
InnoPinnacle Suzhou, China

Innovent Biologics FAQs

  • When was Innovent Biologics founded?

    Innovent Biologics was founded in 2011.

  • Where is Innovent Biologics headquartered?

    Innovent Biologics is headquartered in Shanghai, China.

  • What is the size of Innovent Biologics?

    Innovent Biologics has 5,659 total employees.

  • What industry is Innovent Biologics in?

    Innovent Biologics’s primary industry is Pharmaceuticals.

  • Is Innovent Biologics a private or public company?

    Innovent Biologics is a Public company.

  • What is Innovent Biologics’s stock symbol?

    The ticker symbol for Innovent Biologics is 01801.

  • What is the current stock price of Innovent Biologics?

    As of 22-Apr-2025 the stock price of Innovent Biologics is $6.76.

  • What is the current market cap of Innovent Biologics?

    The current market capitalization of Innovent Biologics is $11B.

  • What is Innovent Biologics’s current revenue?

    The trailing twelve month revenue for Innovent Biologics is $1.31B.

  • Who are Innovent Biologics’s competitors?

    Abbisko Therapeutics, CStone Pharmaceuticals, Alphamab Oncology, BeiGene, and Dicerna Pharmaceuticals are some of the 51 competitors of Innovent Biologics.

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