/InnoCare Pharmaceutical Co., Ltd. Orelabrutinib is listed on the 2020 Disruptive Innovation Potential List
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InnoCare Pharmaceutical Co., Ltd. Orelabrutinib is listed on the 2020 Disruptive Innovation Potential List

InnoCare Pharmaceutical Co., Ltd.
2020/10/23

October 23, 2020, Beijing, China - During the 2020 Mass Entrepreneurship and Innovation Week, the 2020 third "Creation Technology" Disruptive Innovation List and Innovation Potential List were released in Beijing on the 21st. InnoCare Pharmaceutical Co., Ltd.'s "Innovative Drugs for the Treatment of B-cell Malignant Tumors and Autoimmune Diseases" was included in the list of projects on the 2020 Disruptive Innovation Potential List.

InnoCare Pharmaceutical Co., Ltd.'s "innovative drug for the treatment of B-cell malignancies and autoimmune diseases" is the company's independently developed BTK (Bruton's tyrosine kinase) inhibitor orelabrutinib. Clinical study results have shown good efficacy and safety. Orelabrutinib's BTK target occupancy rate is nearly 100%, with small inter-individual differences and no obvious inhibitory effect on other kinases. It ensures efficacy while effectively avoiding adverse reactions caused by off-target effects. In addition, orelabrutinib can be administered orally at 150 mg once a day, which brings convenience to patients for continuous treatment.

Orelabrutinib's two indication marketing applications for the treatment of patients with relapsed/refractory chronic lymphocytic leukemia (CLL)/small lymphocytic lymphoma (SLL) and patients with relapsed/refractory mantle cell lymphoma (MCL) were included in priority review by the Drug Evaluation Center of the National Medical Products Administration (NMPA) at the beginning of this year.

Dr. Cui Jisong, co-founder, chairman and CEO of InnoCare Pharmaceutical Co., Ltd., said: "I am very proud that orelabrutinib can be selected into the 2020 Disruptive Innovation Potential List on behalf of high-tech projects such as biomedicine and broadband wireless power transmission systems, quantum dot optoelectronic materials. Since the founding of the company, innovation has always been InnoCare Pharmaceutical Co., "

This event was co-sponsored by 16 units including Xinhuanet, the China Science Center of the International Eurasian Academy of Sciences, the Documentation and Information Center of the Chinese Academy of Sciences, and the China Society of Automotive Engineers. It is also one of the key activities of the 2020 National Mass Entrepreneurship and Innovation Activity Week "Cloud Activity Week" ministries, Beijing Municipality and Zhongguancun Innovation and Entrepreneurship Season. The "Creation Technology" Disruptive Innovation List aims to propose disruptive innovation standards, lead the direction of disruptive innovation, discover disruptive innovation talents, and support the development of disruptive innovation. The list release event began in July 2018 and has been held for three consecutive years. More than 100 relevant innovative and disruptive scientific research results, products and models have been discovered and selected. It is also one of the key activities during the annual National Mass Entrepreneurship and Innovation Week.

About InnoCare Pharmaceutical Co., Ltd.

InnoCare Pharmaceutical Co., Ltd. (Hong Kong Stock Exchange Code: 09969) is a biomedical high-tech company in clinical stage. It focuses on the development of new drugs in the field of tumor and autoimmune disease treatment. It is suitable for a variety of solid tumors and autoimmune diseases such as lymphoma, liver cancer, and gastric cancer that are highly prevalent in Chinese patients. There are currently a number of new drug products in clinical and preclinical development stages. The company has branches in Beijing, Nanjing, Shanghai, Guangzhou, New Jersey and Boston in the United States.