Exhibit 99.3
[Letterhead of Frost & Sullivan]
October 29, 2019
I-MAB
Suite 802, West Tower, OmniVision
88 Shangke Road, Pudong District
Shanghai, 201210
People’s Republic of China
Re: Consent of Frost & Sullivan
Ladies and Gentlemen,
We, Frost & Sullivan International Limited, understandthat I-MAB (the “Company”) plans to file a registration statement onForm F-1 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended, in connection with its proposed initial public offering (the “Proposed IPO”).
We hereby consent to the use of and references to our name and the inclusion of information, data and statements from our research reports and amendments thereto (collectively, the “Reports”), and any subsequent amendments to the Reports, as well as the citation of our research reports and amendments thereto, (i) in the Registration Statement and any amendments thereto, (ii) in any written correspondence with the SEC, (iii) in any other future filings with the SEC by the Company, including, without limitation, filings onForm 20-F, Form 6-K and other SEC filings (collectively, the “SEC Filings”), (iv) in institutional and retail roadshows and other activities in connection with the Proposed IPO, (v) on the websites of the Company and its subsidiaries and affiliates, and (vi) in other publicity materials in connection with the Proposed IPO.
We further hereby consent to the filing of this consent letter as an exhibit to the Registration Statement and any amendments thereto and as an exhibit to any other SEC Filings.
Yours faithfully,
For and on behalf of
Frost & Sullivan International Limited
/s/ Yves Wang |
Name: Yves Wang |
Title: Managing Director |