Innovent Biologics (HK:1801) has released an update.
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Innovent Biologics has announced the inclusion of its drug Sintbilo (tafolecimab injection) and a new indication for Olverembatinib in China’s National Reimbursement Drug List for 2024, effective January 2025. This marks Innovent’s entry into the cardiovascular and metabolic field in China, potentially increasing the accessibility and affordability of these treatments for patients. Investors may find this development promising as it positions Innovent for growth in the Chinese pharmaceutical market.
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