Innovent Biologics (OTCMKTS:IVBXF) Stock Price Down 2.2% – Here’s Why

Innovent Biologics, Inc. (OTCMKTS:IVBXFGet Free Report)’s share price dropped 2.2% during trading on Monday . The company traded as low as $3.91 and last traded at $3.91. Approximately 548 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 7,550 shares. The stock had previously closed at $4.00.

Innovent Biologics Price Performance

The business has a 50-day moving average of $4.59 and a 200-day moving average of $5.09.

About Innovent Biologics

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Innovent Biologics, Inc, a biopharmaceutical company, develops and commercializes monoclonal antibodies and other drug assets in the fields of oncology, ophthalmology, autoimmune, and cardiovascular and metabolic diseases in the People's Republic of China. It offers Tyvyt, a human anti-PD-1 monoclonal antibody; BYVASDA, a fully-human anti-VEGF monoclonal antibody; HALPRYZA, a recombinant chimeric murine/human anti-CD20 monoclonal antibody; SULINNO, a fully-human antiTNF-a monoclonal antibody; Pemazyre, a selective FGFR inhibitor; Olverembatinib, a novel BCR-ABL TK; Cyramza, a VEGF receptor 2 antagonist; and Retsevmo, a selective and potent RET kinase inhibitor.

Further Reading

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