Financial PerformanceInnovent achieved profitability ahead of schedule, realizing better-than-expected profitability due to strong product revenue growth and one-off license fee income.
Product DevelopmentInnovent recently launched mazdutide, China’s first domestic dual-target GLP-1 drug for obesity, marking a significant milestone in its non-oncology portfolio.
Strategic GrowthInnovent holds a robust cash balance of RMB10.2bn, supporting its strategic initiatives and growth.