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HUTCHMED Announces NMPA Approval for ORPATHYS® for the treatment of Gastric Cancer Patients with MET Amplification

(Moderate)
(Very Positive)
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HUTCHMED (Nasdaq/AIM:HCM; HKEX:13) received conditional NMPA approval in China for ORPATHYS® (savolitinib) to treat locally advanced or metastatic gastric or gastroesophageal junction adenocarcinoma with MET amplification after at least two prior systemic therapies.

Approval is based on a Phase II study showing IRC-assessed ORR of 32.3%, DCR 63.1%, median DoR 9.7 months and PFS 4.0 months.

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Positive

  • Third approved indication for ORPATHYS® in China
  • First selective MET inhibitor approved for MET-amplified advanced gastric cancer in China
  • Phase II trial ORR of 32.3% exceeded pre-specified efficacy threshold
  • Disease control rate of 63.1% with median duration of response 9.7 months
  • Addresses estimated annual incidence of about 18,000 MET-amplified gastric cancer cases in China

Negative

  • Approval is conditional, implying further data or requirements are expected
  • ORR of 32.3% indicates most treated patients did not achieve objective response
  • Median progression-free survival of 4.0 months indicates limited time before disease progression
  • Indication restricted to patients who have failed at least two prior systemic treatments

Market reaction after NMPA conditional approval for MET-amplified gastric cancer: HCM +6.12% in the Jul 2 session

+6.12%
4 alerts
+6.12% Session close to close
$1.88B Market Cap
0.0x Rel. Volume

In the Jul 2 session, HCM gained 6.12%, reflecting a notable positive market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +6.1% in the session following this news. A strong upside move would track with ORPA...
Analysis

The stock moved +6.1% in the session following this news. A strong upside move would track with ORPATHYS®’s Phase II ORR of 32.3% and NMPA conditional approval in a defined biomarker segment. Prior positive regulatory and clinical updates often saw constructive reactions, though low short interest may limit any squeeze-driven extension.

Key Figures

MET amplification incidence: 4–6% Annual MET-amplified GC incidence: 18,000 patients Objective response rate: 32.3% (95% CI: 21.2–45.1) +4 more
7 metrics
MET amplification incidence 4–6% Proportion of gastric cancer patients in China
Annual MET-amplified GC incidence 18,000 patients Estimated yearly cases in China
Objective response rate 32.3% (95% CI: 21.2–45.1) IRC-assessed ORR in Phase II gastric/GEJ study as of Oct 8, 2025
Disease control rate 63.1% IRC-assessed DCR in pivotal Phase II gastric/GEJ study
Time to response 1.4 months Median TTR in MET-amplified gastric/GEJ trial
Duration of response 9.7 months (95% CI: 3.7–18.5) Median DoR in MET-amplified gastric/GEJ trial
Progression-free survival 4.0 months (95% CI: 2.6–5.0) Median PFS in MET-amplified gastric/GEJ trial

Historical Context

5 past events · Latest: Jun 30 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 30 Earnings call notice Neutral +0.5% Scheduled release of 2026 half-year financial results and investor webcasts.
Jun 24 Clinical trial data Positive +0.2% Pivotal Phase II fanregratinib data in intrahepatic cholangiocarcinoma with strong efficacy.
Jun 11 Phase III data Positive +2.6% Phase III ESLIM-02 sovleplenib study in wAIHA met primary endpoint with priority review.
May 21 ASCO data update Positive -0.4% ASCO presentation of pivotal Phase II savolitinib gastric/GEJ data supporting a China NDA.
May 21 NMPA approval Positive +1.1% NMPA approval of ELUNATE plus TYVYT for advanced renal cell carcinoma in China.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent clinical and regulatory milestones have generally seen small positive price reactions, with one notable negative move on ASCO-related data.

Key Terms

met amplification, objective response rate, disease control rate, progression-free survival
4 terms
met amplification medical
"gastric cancer or gastroesophageal junction adenocarcinoma patients with MET amplification who have failed"
MET amplification is a genetic change where extra copies of the MET gene cause cells to make too much of a growth-promoting protein, which can drive some cancers to grow and spread. For investors, it matters because cancers with this change may respond to targeted drugs or diagnostic tests, affecting the commercial potential of therapies, clinical trial outcomes, and the value of companies developing treatments or tests for MET-driven tumors.
objective response rate medical
"The study met its primary endpoint of objective response rate (“ORR”) per RECIST 1.1"
The objective response rate (ORR) is the percentage of patients in a clinical trial whose tumors measurably shrink or disappear according to preset rules. Investors use it as a quick, objective signal of a drug’s ability to produce a clear treatment effect—like counting how many plants visibly respond after applying a new fertilizer—and higher ORR can improve odds of regulatory approval, commercial success, and company valuation.
disease control rate medical
"Secondary endpoints included the IRC-assessed disease control rate (DCR) of 63.1%"
The disease control rate is the share of patients in a clinical trial whose cancer or condition either shrinks or stops getting worse for a specified period after treatment. Think of it like the percentage of people for whom a treatment hits pause or nudges back the problem rather than letting it progress; higher rates suggest the therapy can meaningfully limit disease, which matters to investors assessing a drug’s potential efficacy and commercial value.
progression-free survival medical
"and median progression-free survival (PFS) of 4.0 (95%CI: 2.6, 5.0) months"
Progression-free survival is the length of time during and after a treatment that a patient's disease does not get worse, measured from the start of treatment until the disease shows measurable signs of progression or the patient dies. Investors care because longer progression-free survival in clinical trials often signals that a drug is effective, improving chances of regulatory approval, market adoption, and revenue potential—think of it as a stopwatch showing how long a therapy can keep the illness at bay.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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First selective MET inhibitor approved for patients with MET-amplified advanced gastric cancer or gastroesophageal junction adenocarcinoma in China

HONG KONG and SHANGHAI and FLORHAM PARK, N.J., July 02, 2026 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:HCM; HKEX:13) today announces that the New Drug Application (NDA) for ORPATHYS® (savolitinib) has been granted conditional approval by the China National Medical Products Administration (“NMPA”) for the treatment of locally advanced or metastatic gastric cancer or gastroesophageal junction (GC/GEJ) adenocarcinoma patients with MET amplification who have failed at least two prior systemic treatments.

Gastric cancer remains one of the most common cancers and leading causes of cancer death in China. MET-driven gastric cancer has a very poor prognosis.1 It is estimated that MET amplification accounts for approximately 4-6% of gastric cancer patients.2,3 The annual incidence of MET amplification gastric cancer is estimated to be approximately 18,000 in China.4

The approval is supported by data from the pivotal Phase II registration study of ORPATHYS® in gastric cancer or gastroesophageal junction adenocarcinoma patients with MET amplification in China (NCT04923932). The results were recently published in Nature Medicine and highlighted at the American Society of Clinical Oncology (ASCO) Annual Meeting. The study met its primary endpoint of objective response rate (“ORR”) per RECIST 1.1, as assessed by the Independent Review Committee (“IRC”). As of the data cut-off of October 8, 2025, the IRC-assessed ORR was 32.3% (95%CI: 21.2%, 45.1%), exceeding the pre-specified efficacy threshold. Secondary endpoints included the IRC-assessed disease control rate (DCR) of 63.1%, median time to response (TTR) of 1.4 months, median duration of response (DoR) of 9.7 (95%CI: 3.7, 18.5) months, and median progression-free survival (PFS) of 4.0 (95%CI: 2.6, 5.0) months, respectively.

“This milestone approval marks a critical leap forward for biomarker-driven precision medicine in gastrointestinal oncology,” said Professor Lin Shen of Peking University Cancer Hospital and leading Principal Investigator of the registration study. “The clinical data from our pivotal study, recently recognized and published by Nature Medicine, provided compelling evidence that identifying MET amplification through timely molecular testing can directly guide patients to a highly effective, targeted oral option. ORPATHYS®’s entry into the MET-amplified gastric cancer clinical setting offers clinicians a powerful, precise new tool to interrupt this aggressive oncogenic driver.” 5

“The approval of ORPATHYS® for MET-amplified advanced gastric cancer is an important achievement that underscores HUTCHMED’s enduring commitment to bringing in-house discovered innovations to patients,” said Mr Johnny Cheng, Acting Chief Executive Officer and Chief Financial Officer of HUTCHMED. “This marks the third approved indication for ORPATHYS® in China and further validates our proprietary R&D platform’s ability to address deep unmet medical needs. Together with our partner AstraZeneca, we are proud to expand the clinical application of this highly selective MET inhibitor and look forward to accelerating its commercial availability to transform gastric cancer treatment landscapes in China.”

Ms Mary Guan, General Manager of AstraZeneca China Oncology Business, said: “Following its success in lung cancer, the approval of ORPATHYS® in gastric cancer marks another pivotal chapter in our joint development journey with HUTCHMED. This regulatory milestone reinforces our shared vision of pairing the right treatments with the right patients through precision medicine. We look forward to maximizing the potential of this highly selective MET inhibitor and advancing its broader clinical lifecycle management to address the evolving unmet needs of cancer patients in China and beyond.”

About ORPATHYS®

ORPATHYS® (savolitinib) is an oral, potent, and highly selective MET tyrosine kinase inhibitor (TKI) being jointly developed by AstraZeneca and HUTCHMED and commercialized by AstraZeneca. MET is a tyrosine kinase receptor that has an essential role in normal cell development.6 ORPATHYS® blocks atypical activation of the MET receptor tyrosine kinase pathway that occurs because of mutations (such as exon 14 skipping alterations or other point mutations), gene amplification or protein overexpression.

ORPATHYS® is approved in China and is marketed by our partner, AstraZeneca, representing the first selective MET inhibitor approved in China. It has been included in the National Reimbursement Drug List of China (NRDL) since March 2023.

It is currently under clinical development for multiple tumor types, including lung and gastric cancers as a single treatment and in combination with other medicines.

About HUTCHMED

HUTCHMED (Nasdaq/AIM:HCM; HKEX:13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. Since inception it has focused on bringing drug candidates from in-house discovery to patients around the world, with its first three medicines marketed in China, the first of which is also approved around the world including in the US, Europe and Japan. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED’s current expectations regarding future events, including its expectations regarding the therapeutic potential of ORPATHYS®, the further clinical development for ORPATHYS®, its expectations as to whether any studies on ORPATHYS® would meet their primary or secondary endpoints, and its expectations as to the timing of the completion and the release of results from such studies. Forward-looking statements involve risks and uncertainties. Such risks and uncertainties include, among other things, assumptions regarding enrollment rates and the timing and availability of subjects meeting a study’s inclusion and exclusion criteria; changes to clinical protocols or regulatory requirements; unexpected adverse events or safety issues; the ability of ORPATHYS®, including as a combination therapy, to meet the primary or secondary endpoint of a study, to obtain regulatory approval in other jurisdictions and to gain commercial acceptance after obtaining regulatory approval; the potential market of ORPATHYS® for a targeted indication; and HUTCHMED and/or its partner’s ability to fund, implement and complete its further clinical development and commercialization plans for ORPATHYS®, and the timing of these events. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see HUTCHMED’s filings with the US Securities and Exchange Commission, The Stock Exchange of Hong Kong Limited and on AIM. HUTCHMED undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

CONTACTS

Investor Enquiries+852 2121 8200 / ir@hutch-med.com
  
Media Enquiries 
FTI Consulting –+44 20 3727 1030 / HUTCHMED@fticonsulting.com
Ben Atwell / Tim Stamper+44 7771 913 902 (Mobile) / +44 7779 436 698 (Mobile)
Brunswick – Zhou Yi+852 9783 6894 (Mobile) / HUTCHMED@brunswickgroup.com
  
Panmure LiberumNominated Advisor and Joint Broker
Atholl Tweedie / Emma Earl / Rupert Dearden+44 20 7886 2500
  
CavendishJoint Broker
Geoff Nash / Nigel Birks+44 20 7220 0500
  
Deutsche NumisJoint Broker
Duncan Monteith / Ramin Naji+44 20 7545 8000

_____________________________
REFERENCES

1Catenacci DV, Ang A, Liao WL, et al. MET tyrosine kinase receptor expression and amplification as prognostic biomarkers of survival in gastroesophageal adenocarcinoma. Cancer. 2017;123(6):1061-1070. doi:10.1002/cncr.30437
2Lee J, Kim ST, Kim K, et al. Tumor Genomic Profiling Guides Patients with Metastatic Gastric Cancer to Targeted Treatment: The VIKTORY Umbrella Trial. Cancer Discov. 2019;9(10):1388-1405. doi:10.1158/2159-8290.CD-19-044
3Van Cutsem E, Karaszewska B, Kang YK, et al. A Multicenter Phase II Study of AMG 337 in Patients with MET-Amplified Gastric/Gastroesophageal Junction/Esophageal Adenocarcinoma and Other MET-Amplified Solid Tumors. Clin Cancer Res. 2019;25(8):2414-2423. doi:10.1158/1078-0432.CCR-18-1337
4Global Cancer Observatory. China Fact Sheet. https://gco.iarc.who.int/media/globocan/factsheets/populations/160-china-fact-sheet.pdf. Accessed April 7, 2025.
5Peng Z, Liu T, Wang H. et al. Savolitinib in MET-amplified gastric or gastroesophageal junction adenocarcinoma: a phase 2 trial. Nat Med. Published online June 1, 2026. doi:10.1038/s41591-026-04459-7
6Uchikawa E, et al. Structural basis of the activation of c-MET receptor. Nat Commun. 2021;12(4074).
  

FAQ

What did HUTCHMED (HCM) announce about ORPATHYS approval on July 2, 2026?

HUTCHMED announced conditional NMPA approval of ORPATHYS for MET-amplified advanced gastric or gastroesophageal junction cancer in China. According to HUTCHMED, this covers patients who have failed at least two prior systemic treatments and expands ORPATHYS to a third indication.

For which gastric cancer patients is ORPATHYS now approved in China under the HCM ticker?

ORPATHYS is approved for locally advanced or metastatic gastric or gastroesophageal junction adenocarcinoma with MET amplification after at least two systemic therapies. According to HUTCHMED, MET amplification occurs in an estimated 4–6% of gastric cancers, about 18,000 annual cases in China.

What Phase II efficacy results supported the NMPA approval of ORPATHYS for HUTCHMED (HCM)?

The Phase II registration study met its primary endpoint with IRC-assessed ORR of 32.3%. According to HUTCHMED, secondary outcomes included DCR 63.1%, median time to response 1.4 months, median duration of response 9.7 months, and median progression-free survival 4.0 months.

What does the conditional NMPA approval of ORPATHYS mean for HUTCHMED (HCM) investors?

Conditional approval allows commercial use in a defined MET-amplified gastric cancer population in China. According to HUTCHMED, this represents the third ORPATHYS indication and targets an estimated 18,000 annual MET-amplified gastric cancer cases, potentially expanding the drug’s commercial scope.

How significant is MET amplification in gastric cancer for HUTCHMED’s ORPATHYS market in China?

MET amplification is estimated in around 4–6% of gastric cancer patients. According to HUTCHMED, this translates to approximately 18,000 MET-amplified gastric cancer cases annually in China, defining the target population for ORPATHYS in this new indication.

What is the mechanism and positioning of ORPATHYS in MET-amplified gastric cancer for HCM?

ORPATHYS is described as a highly selective MET inhibitor and the first approved for MET-amplified advanced gastric cancer in China. According to HUTCHMED, it offers an oral, biomarker-driven option guided by molecular testing after at least two prior systemic therapies.