- CEO
- Jisong Cui
- Full Time Employees
- 1,259
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- Building 8 Beijing BE China 102206
- IPO Date
- Mar 23, 2020
- Business
- InnoCare Pharma Limited (9969.HK) is a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing first-in-class or best-in-class medicines for cancer and autoimmune diseases. The company offers a pipeline of innovative drug candidates targeting difficult-to-treat diseases, including small molecule inhibitors such as TYK2 inhibitor ICP-332 for autoimmune disorders, BTK inhibitor ICP-490 for oncology and immunology, PI3Kδ inhibitor ICP-1401 for B-cell malignancies, and oral PD-L1 inhibitors ICP-209 and ICP-222 for solid tumors; it also advances antibody-drug conjugates like ICP-101 for solid tumors and preclinical assets in PROTACs and antibody therapeutics. InnoCare operates primarily in Greater China with global clinical trial footprints in North America, Europe, and Asia-Pacific, targeting patients with oncology and autoimmune conditions through partnerships with leading research institutions and pharmaceutical firms. Founded in 2016 and headquartered in Beijing, China, the company has no listed parent but maintains subsidiaries in the United States and Hong Kong to support international development. Recent major developments include the positive topline results from the Phase 2 RA trial of ICP-332 announced in late 2024, advancing its potential as a best-in-class TYK2 inhibitor; strategic expansions into earlier pipeline assets with ongoing Phase 1/2 trials for ICP-490 and ICP-1401 as of mid-2025; and strengthened collaborations with global CROs for accelerated global filings, alongside successful Series D+ funding rounds exceeding RMB 2 billion to fuel late-stage advancements.