Panacea Innovation Ltd - 30 Sep 2025 SCHEDULE 13G/A Report for Adagene Inc. Ordinary Shares (ADAG)

Filing Manager
Panacea Innovation Ltd
Reporting Manager
Panacea Venture Healthcare Fund II, L.P.
Security
Adagene Inc. Ordinary Shares
Symbol
ADAG
Shares outstanding
59.2M shares
Disclosed Ownership
2.25M shares
Ownership
3.8%
Form type
SCHEDULE 13G/A
Filing time
14 Nov 2025, 16:30:03 UTC
Date of event
30 Sep 2025
Previous filing
14 Feb 2025
SEC
View on sec.gov

Reporting Managers (4)

Name Ownership Shares Owned sole voting power shared voting power Signature Title CIK
Panacea Venture Healthcare Fund II, L.P. 3.8% 2.25M 0 2.25M By: Panacea Venture Healthcare Fund II GP Company, Ltd., its general partner, By: Panacea Innovation Limited, its sole owner, By: /s/ James Huang James Huang, Founding Managing Partner
Panacea Venture Healthcare Fund II GP Company, Ltd. 3.8% 2.25M 0 2.25M By: Panacea Innovation Limited, its sole owner, By: /s/ James Huang James Huang, Founding Managing Partner
Panacea Innovation Limited 3.8% 2.25M 0 2.25M /s/ James Huang James Huang, Founding Managing Partner
James Huang 3.8% 2.25M 0 2.25M /s/ James Huang James Huang