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November 29, 2018

Innovent Announces Global Collaboration with Hutchison MediPharma to Evaluate Combination of Sintilimab and Fruquintinib in Solid Tumors

Global collaboration will initially evaluate Innovent’s anti-PD-1 monoclonal antibody sintilimab in combination with Hutchison MediPharma’s VEGFR inhibitor fruquintinib for solid tumors –

SUZHOU, ChinaNov. 29, 2018 /PRNewswire/ — Innovent Biologics, Inc. (Innovent) (HKEX: 1801),  a world-class China-based biopharmaceutical company that develops and commercializes high quality drugs, today announces that it, through its wholly-owned subsidiary, Innovent Biologics (Suzhou) Co., Ltd, has entered into a global collaboration agreement with Hutchison China MediTech Limited (Chi-Med), through its Innovation Platform subsidiary Hutchison MediPharma Limited (“Hutchison MediPharma”), to evaluate the safety and tolerability of Innovent’s sintilimab in combination with Hutchison MediPharma’s fruquintinib in patients with advanced solid tumors.

Under the terms of the agreement, Innovent and Hutchison MediPharma will jointly explore potential application of this combination in solid tumors with global unmet medical needs through development efforts both in the US and in China.

“We are two leading China-based biopharmaceutical companies, one specialized in small molecules and another in large molecules; and we share the same vision of bringing China-originated mainstream anti-cancer therapies to global patients by combining our expertise and resources,” said Dr. Michael Yu, Founder, Chief Executive Officer and Chairman of Innovent. “There is strong scientific evidence supporting synergistic effects of PD-1 therapy when used in combination with VEGFR inhibitor. In addition, we hope to benefit from recent regulatory changes in China that allow for the recognition of foreign clinical trial data to possibly expedite the path to a China launch. We are very pleased to partner with Chi-Med to co-develop this novel combination therapy for global patients”.

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