Innovent Biologics Reports 45% Year-Over-Year Growth in 2025 Product Revenue

Reuters02-04
Innovent Biologics Reports 45% Year-Over-Year Growth in 2025 Product Revenue

Innovent Biologics Inc. announced that its total product revenue for the full year of 2025 reached approximately RMB11.9 billion, reflecting a year-over-year growth of around 45%. In the fourth quarter of 2025, the company reported product revenue of approximately RMB3.3 billion, marking a strong year-over-year increase. The company also noted that it recognized inventory price adjustments in the fourth quarter for products previously distributed at original prices. This adjustment was primarily attributed to the inclusion of six new drugs in the 2026 National Reimbursement Drug List (NRDL). The financial information provided is based on internal management records and has not been audited or reviewed by external auditors.

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