The promise of China's biotech industry to develop innovative pharmaceuticals continued to bear fruit at the beginning of 2019, with an announcement that development of Innovent Biologics Inc.'s anti-PD-1 MAb, Tyvyt (sintilimab) was proceeding in additional indications following hot on the heels of the Dec. 27 news of the product's approval in China for classical Hodgkin's lymphoma.
The development progress justified investors who backed the seven-year-old Suzhou, China-based Innovent Biologics when it went public on the Hong Kong Stock Exchange in October 2018 – the company raised $421m in
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