v3.26.1
PRINCIPAL ACTIVITIES AND ORGANIZATION
6 Months Ended
Jun. 30, 2026
PRINCIPAL ACTIVITIES AND ORGANIZATION  
PRINCIPAL ACTIVITIES AND ORGANIZATION

1. PRINCIPAL ACTIVITIES AND ORGANIZATION

 

NovaBridge Biosciences (the “Company” or “NovaBridge”), formerly known as I-Mab, was incorporated in the Cayman Islands on June 30, 2016 as an exempted company with limited liability under the Companies Act of the Cayman Islands. On January 17, 2020, the Company became listed on the Nasdaq Global Market in the United States. The Company and its subsidiaries (together the “Group”) are a global biotechnology company that identifies differentiated innovation and applies disciplined development, financing, and partnering strategies to create value. The Group's activities include business development, clinical development and portfolio management of product candidates, with the objective of advancing selected assets through clinical development and pursuing commercialization directly or through strategic collaborations, licensing arrangements or other business transactions.

 

Effective on October 29, 2025, the Company changed its name from “I-Mab” to “NovaBridge Biosciences.”

As of June 30, 2026, the Company’s subsidiaries are as follows:

 

 

 

 

 

 

Percentage

 

 

 

 

 

 

 

of direct

 

 

 

 

 

 

 

or indirect

 

 

 

 

 

Date of

 

ownership

 

 

 

Place of

 

incorporation or

 

by the

 

 

Subsidiaries

 

incorporation

 

acquisition

 

Company

 

Principal activities

I-Mab Biopharma US Ltd.

 

United States

 

February 28, 2018

 

100%

 

Research and development of innovative medicines

I-Mab Biopharma Hong Kong Limited (“I-Mab Hong Kong”)

 

Hong Kong

 

July 8, 2016

 

100%

 

Investment holding

I-Mab Bio-tech (Tianjin) Co., Ltd. (“I-Mab Tianjin”)

 

People’s Republic of China

 

July 15, 2017

 

100%

 

Research and development of innovative medicines

Visara, Inc.

 

United States

 

September 24, 2025

 

58%

 

Research and development of innovative ophthalmology medicines

Bridge Health Bio-Tech (Shanghai) Co., Ltd. (“Bridge Health”)

 

People’s Republic of China

 

October 28, 2025

 

100%

 

Intellectual property holding

NovaBridge Biosciences (Shanghai) Co. Ltd.

 

People’s Republic of China

 

March 2, 2026

 

100%

 

Peoples Republic of China ("PRC") operations

NovaBridge Oncology

 

Cayman Islands

 

March 12, 2026

 

100%

 

Investment holding

NovaBridge Oncology (BVI) Limited

 

British Virgin Islands

 

March 24, 2026

 

100%

 

Investment holding

NovaBridge CV Limited

 

Cayman Islands

 

March 26, 2026

 

100%

 

Investment holding

OncoArc GmbH

 

Switzerland

 

June 9, 2026

 

100%

 

Research and development of innovative oncology medicines