Innogen steps into global GLP-1 arena with Hong Kong IPO plan
China-based biotech Innogen is making a strategic pivot toward international visibility following regulatory clearance of its first-in-class, ultra-long-acting GLP-1 receptor agonist for type 2 diabetes, alongside a move to go public on the Hong Kong Stock Exchange.
The company, based in Guangzhou, received approval from China’s National Medical Products Administration earlier this year for its once-weekly injectable therapy, Diabegone (supaglutide), designed to lower blood glucose and improve metabolic markers in adults with type 2 diabetes.
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