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HUTCHMED announces the appointment of Dr. Renu Bhatia as an Independent Non-executive Director and member of the Technical Committee, bringing over 25 years of experience in healthcare, finance, fintech, and regulation. Dr. Bhatia's extensive expertise is expected to enhance the skill set and knowledge base of the Board. Her background includes roles in investment banking, asset management, venture capital, and compliance. The appointment is set to take effect on May 13, 2024.
HUTCHMED announces that its partner Takeda has received a positive CHMP opinion for fruquintinib in treating previously treated metastatic colorectal cancer in the EU. If approved, fruquintinib will be the first targeted therapy for this cancer type in over a decade. The opinion is based on results from the Phase III FRESCO-2 trial.
