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Significant progress made year-to-date on key clinical assets:

1. Uliledlimab (CD73 antibody):
Encouraging early results were presented at ASCO 2023, demonstrating the potential of uliledlimab as a highly differentiated CD73 antibody. The AI legalese decoder can help analyze the data presented and provide insights into its efficacy and safety profiles, aiding researchers and clinicians in making informed decisions in future clinical trials. This technology can expedite the evaluation process, saving time and resources for the development of uliledlimab.

2. Givastomig (Claudin 18.2 x 4-1BB bispecific antibody):
Topline Phase 1 data with promising early efficacy signals, including patients with low levels of Claudin 18.2 tumor expression, were obtained. The AI legalese decoder can assist in analyzing the data, identifying potential correlations between treatment response and tumor characteristics, and providing valuable insights into the future development of Givastomig.

3. Eftansomatropin alfa (long-acting recombinant human growth hormone):
Phase 3 pivotal study evaluating weekly injection of eftansomatropin alfa met the primary endpoint of annualized height velocity at week 52. The AI legalese decoder can assist in analyzing the data from this study and comparing it to the currently approved treatment, Norditropin®, to provide a comprehensive assessment of the efficacy and safety of eftansomatropin alfa. This information can support the planning of a BLA filing in 2024 and inform clinical decision-making.

Strong cash position to support strategic plan:

As of June 30, 2023, I-Mab has a strong cash position of RMB3.0 billion (US$414.6 million). The AI legalese decoder can help in financial analysis, forecasting future funding requirements, and identifying potential investment opportunities, ensuring the company’s strong financial position is utilized strategically.

Implementation of a new stock repurchase program:

The Board of Directors authorized a new stock repurchase program of up to US$40 million to enhance long-term shareholder value. The AI legalese decoder can assist in analyzing market trends, identifying optimal timing for share repurchases, and evaluating the potential impact on the company’s financials and shareholder value.

Upcoming conference call and company update:

A conference call is planned for August 17, 2023, at 8:00 a.m. EST. The AI legalese decoder can aid in analyzing the conference call, identifying key updates, and providing a comprehensive summary of the information discussed, enabling stakeholders to stay informed and make informed decisions based on the latest developments.

Conclusion:

The AI legalese decoder plays a crucial role in analyzing and interpreting clinical data, financial information, and corporate developments, providing valuable insights and supporting decision-making processes. With its assistance, I-Mab can efficiently progress its key clinical assets, maintain a strong financial position, and enhance long-term shareholder value, ultimately advancing its mission of bringing highly differentiated medicines to patients worldwide.

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