PR Newswire
SAN FRANCISCO and SUZHOU, China, Oct. 25, 2026
SAN FRANCISCO and SUZHOU, China, Oct. 25, 2026 /PRNewswire/ -- Innovent Biologics, Inc. (HKEX Stock Code: 01801), a biopharmaceutical company dedicated to the research, development, manufacturing, and commercialization of innovative drugs for major diseases including oncology, autoimmune, metabolic, and ophthalmic diseases, announced multiple clinical data updates for IBI363 (Takeda R&D code: TAK-928), at the 2026 European Society for Medical Oncology (ESMO) Congress. IBI363/TAK-928 is a potential first-in-class PD-1/alpha-biased IL-2 bispecific fusion protein being jointly developed by Innovent and Takeda globally.
Dr. Hui Zhou, Chief R&D Officer (Oncology Pipeline) of Innovent, said: "The latest IBI363/TAK-928 data presented at 2026 ESMO across lung and gastric cancer studies further demonstrate its broad antitumor potential. Encouraging efficacy signals were observed in both first-line and later-line/immunotherapy-resistant cancers. Together with Takeda, we will continue to advance the global development of IBI363/TAK-928 and seek to provide new treatment options for more patients."
First-Line NSCLC: IBI363/TAK-928 Continues to Show Encouraging Efficacy Trend
Title: IBI363 (TAK-928) plus chemotherapy as first line (1L) treatment for advanced non-small cell lung cancer (NSCLC): Update of a phase 1b study
Abstract number: 1044P
IBI363/TAK-928 Continued to Demonstrate Encouraging Efficacy Signals
Manageable Safety Profile with No New Safety Signals with Longer Follow-up
Conclusions and Next Steps
Professor Haiyan Tu of Guangdong Provincial People's Hospital said:
"Following the initial efficacy and safety data presented at the 2026 ASCO Annual Meeting, longer-term follow-up presented at ESMO continued to demonstrate encouraging antitumor immune response with IBI363 in combination with chemotherapy in patients with PD-L1-negative or PD-L1-low advanced NSCLC in the first-line setting, with the potential for durable clinical benefit. As the randomized controlled phase of the study progresses, we look forward to further evaluating its clinical potential as a new treatment option for these patients."
First-Line G/GEJA: IBI363/TAK-928 Demonstrated Encouraging Efficacy Observed Across PD-L1 CPS Subgroups
Title: IBI363 (TAK-928) plus XELOX as the first line (1L) treatment for advanced gastric or gastroesophageal junction adenocarcinoma (G/GEJA)
Abstract number: 1008RO
IBI363/TAK-928 Demonstrated Encouraging Response Signals in 1L G/GEJA Regardless of PD-L1 CPS Level
12-Month PFS and OS Remained Immature, with Potential Signals of Survival Benefit
Manageable Safety Profile with No New Safety Signals
Conclusions and Next Steps
Professor Pengfei Yu of Zhejiang Cancer Hospital said:
"Since the establishment of PD-1 antibody plus chemotherapy as the standard first-line treatment for HER2-negative G/GEJA, improvements in efficacy have gradually reached a plateau. In this study, IBI363 plus chemotherapy demonstrated encouraging efficacy and a manageable safety profile, with positive signals observed across different PD-L1 CPS expression levels. These findings provide a new opportunity to address the current treatment challenges. We look forward to further exploring IBI363 in the first-line treatment of advanced HER2-negative G/GEJA to potentially provide patients with more comprehensive and effective treatment options."
Immunotherapy-Resistant Lung Adenocarcinoma: IBI363/TAK-928 Significantly Reduced the Risk of Disease Progression
Title: IBI363 (TAK-928) plus bevacizumab (Bev) vs docetaxel (DTX) in patients with locally advanced or metastatic immunotherapy (IO)-resistant lung adenocarcinoma without actionable genomic alterations: a randomized phase Ib study
Abstract number: 1952RO
IBI363/TAK-928 Demonstrated Efficacy Benefit Compared with Standard of Care Therapy
Manageable Safety Profile with No New Safety Signals
Professor Jianya Zhou of The First Affiliated Hospital of Zhejiang University School of Medicine said:
"Immunotherapy resistance remains a major challenge in NSCLC, and treatment options after immunotherapy failure remain limited. The results from this first randomized controlled study of IBI363/TAK-928 are highly encouraging. Compared with docetaxel, IBI363/TAK-928 plus bevacizumab significantly reduced the risk of disease progression, with benefits observed regardless of PD-L1 expression level. These findings, consistent with the long-term follow-up data presented at this year's ASCO Annual Meeting, further support the differentiated clinical profile of IBI363/TAK-928 and its evaluation in immunotherapy-resistant nonsquamous NSCLC in the global multicenter Phase 3 MarsLight-11 study. We look forward to IBI363/TAK-928 potentially offering a new treatment option for these patients."
About IBI363/TAK-928 (PD-1/alpha-biased IL-2 Bispecific Fusion Protein)
IBI363/TAK-928 is a potential first-in-class PD-1/alpha-biased IL-2 bispecific fusion protein being co-developed by Innovent and Takeda. It functions by both blocking the PD-1/PD-L1 pathway and selectively activating the IL-2 pathway. The IL-2 arm of IBI363/TAK-928 is designed to maintain its affinity for IL-2Rα while reducing binding to IL-2Rβ and IL-2Rγ, with the aim of minimizing toxicity. The PD-1 binding arm not only blocks PD-1 but also selectively delivers IL-2 to the tumor.
IBI363/TAK-928 is being evaluated in a series of clinical trials globally, including
IBI363/TAK-928 has received two Fast Track Designations (FTD) from the U.S. FDA and three Breakthrough Therapy Designations (BTD) from China NMPA so far.
In October 2025, Innovent entered into a license and collaboration agreement with Takeda, under which Innovent and Takeda will co-develop IBI363 (Takeda R&D code: TAK-928) globally and co-commercialize IBI363/TAK-928 in the U.S., and Takeda will exclusively commercialize IBI363/TAK-928 worldwide other than the U.S. and greater China. Takeda will lead global co-development efforts under joint governance and aligned development plan, sharing development costs (60/40 - Takeda/Innovent).
About Innovent
Innovent is a leading biopharmaceutical company founded in 2011 with the mission to empower patients worldwide with affordable, high-quality biopharmaceuticals. The company discovers, develops, manufactures and commercializes innovative medicines that target some of the most intractable diseases. Its pioneering therapies treat cancer, cardiovascular and metabolic, autoimmune and eye diseases. Innovent has launched 20 products in the market. It has 1 asset under NMPA review, 5 assets in phase 3 or pivotal clinical trials, and 20 more molecules in early clinical stage.
Innovent has entered into more than 30 strategic partnerships with global players such as Eli Lilly, Roche, Takeda, Pfizer, Sanofi, Incyte, and MD Anderson Cancer Center, representing an aggregate value of over RMB 350 billion. These efforts have set a benchmark for the high quality outbound internationalization of China's innovative drug industry.
Guided by the motto, "Start with Integrity, Succeed through Action," Innovent maintains the highest standard of industry practices and works collaboratively to advance the biopharmaceutical industry so that first-rate pharmaceutical drugs can become widely accessible.
For more information, visit www.innoventbio.com, or follow Innovent on Facebook and LinkedIn.
Statement: (1)Innovent does not recommend the use of any unapproved drug (s)/indication (s).
(2) Ramucirumab Injection (Cyramza®), Selpercatinib Capsules (Retsevmo®), Pirtobrutinib Tablets (Jaypirca®) and abemaciclib (Verzenios®) are products discovered and developed by Eli Lilly.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. Innovent does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Innovent with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Innovent's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Innovent's competitive environment and political, economic, legal and social conditions.
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