Dr. Hui Zhou, Senior Vice President of Innovent, stated: "We are pleased to present the Phase 1 results of IBI363 at ASCO. IL-2 is one of the earliest immunotherapies approved for cancer treatment, however, the safety and efficacy of IL-2 therapy have not been satisfactory. IBI363, a novel PD-1/IL-2 bispecific molecule, designed to selectively activates PD-1 and CD25 positive T cells by cis-activating IL-2, with the potential to significantly decrease toxicity related to IL-2 and potentially overcome immunotherapy resistance. We are excited that in the Phase 1 study, IBI363 achieved unprecedented dosing levels, overcoming safety concerns associated with IL-2 therapy.