In 2023, the Chinese pharmaceutical firm Innovent Biologics Inc. spent more than 2.2 billion yuan on research and development projects, representing a decline of more than 600 million yuan from the previous year. The core products of Innovent Biologics include anti-tumor medicines and drugs treating metabolic disorders and autoimmune diseases.
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Research and development spendings of Innovent Biologics Inc. from 2019 to 2023
(in billion yuan)
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Innovent Biologics. (March 28, 2024). Research and development spendings of Innovent Biologics Inc. from 2019 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved June 12, 2025, from https://www.statista.com/statistics/1402043/chinese-pharmaceuticals-innovent-biologics-research-and-development-expenses/
Innovent Biologics. "Research and development spendings of Innovent Biologics Inc. from 2019 to 2023 (in billion yuan)." Chart. March 28, 2024. Statista. Accessed June 12, 2025. https://www.statista.com/statistics/1402043/chinese-pharmaceuticals-innovent-biologics-research-and-development-expenses/
Innovent Biologics. (2024). Research and development spendings of Innovent Biologics Inc. from 2019 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: June 12, 2025. https://www.statista.com/statistics/1402043/chinese-pharmaceuticals-innovent-biologics-research-and-development-expenses/
Innovent Biologics. "Research and Development Spendings of Innovent Biologics Inc. from 2019 to 2023 (in Billion Yuan)." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/1402043/chinese-pharmaceuticals-innovent-biologics-research-and-development-expenses/
Innovent Biologics, Research and development spendings of Innovent Biologics Inc. from 2019 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1402043/chinese-pharmaceuticals-innovent-biologics-research-and-development-expenses/ (last visited June 12, 2025)
Research and development spendings of Innovent Biologics Inc. from 2019 to 2023 (in billion yuan) [Graph], Innovent Biologics, March 28, 2024. [Online]. Available: https://www.statista.com/statistics/1402043/chinese-pharmaceuticals-innovent-biologics-research-and-development-expenses/