Lepu Biopharma Co., Ltd. is a biopharmaceutical company focused on the discovery, development, and commercialization of drug candidates in anti-tumor targeted therapy and oncology immunotherapy in China and internationally. Its product PUYOUHENG (Pucotenlimab Injection) is a humanized IgG4 mAb against human PD-1 for the treatment of MSI-H/dMMR solid tumors and melanoma. The company is developing MRG003 in phase III for nasopharyngeal cancer and head and neck squamous cell carcinoma; CMG901, a CLDN18.2-targeted ADC, in phase III for gastric and gastroesophageal junction carcinoma and other solid tumors; and MRG004A, a TF-targeted ADC, in phase III for pancreatic ductal adenocarcinoma. It is also developing CG00705, an oncolytic virus for BCG-unresponsive non-muscle invasive bladder cancer; MRG002 in phase III for breast cancer and HER2-positive; MRG001, a CD20-targeted ADC, for non-Hodgkin's lymphoma; and MRG006A, MRG007, and CTM012 for solid tumors. Incorporated in 2018 and headquartered in Shanghai, China, it operates as a subsidiary of Ningbo Houde Yimin Information Technology Co., Ltd.