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HUTCHMED (China) (HCM) Stock News

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HUTCHMED (China) Limited develops and commercializes targeted therapies and immunotherapies for cancer and immunological diseases through a China-based commercial organization and a global clinical pipeline. News for HCM centers on marketed oncology products such as FRUZAQLA and ELUNATE for fruquintinib, ORPATHYS for savolitinib, China regulatory actions, and partner-driven commercialization outside China.

Recurring updates also cover pipeline compounds including sovleplenib, HMPL-760 and HMPL-A580, clinical data presented at oncology meetings, and the company’s Antibody-Targeted Therapy Conjugate platform. Corporate items include annual results, product-license updates such as TAZVERIK in China, board and committee changes, and disclosures tied to HUTCHMED’s Nasdaq, AIM and HKEX listings and ADR structure.

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HUTCHMED (HCM) announced AstraZeneca's US application for ORPATHYS plus TAGRISSO in MET-driven EGFR-mutated lung cancer.

The application seeks approval for patients with locally advanced or metastatic non-small cell lung cancer whose tumors have MET overexpression or amplification and whose disease progressed on or after EGFR-targeted therapy. In the 338-patient Phase III SAFFRON trial, the combination improved progression-free and overall survival versus doublet platinum-based chemotherapy among patients whose disease progressed on TAGRISSO. Both improvements were statistically significant. The safety profile matched the medicines' known profiles, with no new concerns. US approval remains pending.

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HUTCHMED (HCM) has initiated a global Phase Ia trial of HMPL-A830 in patients with advanced solid tumors. The first patient received a dose in China on September 24, 2026. The first-in-human, multicenter study is enrolling patients with unresectable, advanced or metastatic solid tumors. HMPL-A830 combines a KRAS inhibitor with an antibody targeting EGFR, a protein involved in tumor growth. Phase Ia will assess safety and tolerability while determining the maximum tolerated dose and a recommended dose for expansion.

A later dose-expansion and optimization stage is intended to examine safety and preliminary anti-tumor activity in selected solid tumors. Under an exclusive agreement signed September 3, 2026, HUTCHMED's subsidiary agreed to grant a GSK subsidiary development and commercialization rights outside Mainland China, Hong Kong, Macau and Taiwan. HUTCHMED's subsidiary is responsible for the global Phase I program.

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HUTCHMED (HCM) will feature results from two Phase III savolitinib–osimertinib lung cancer studies at ESMO Congress 2026.

SAFFRON studied patients with EGFR-mutated non-small cell lung cancer (NSCLC) and MET overexpression or amplification after disease progression on osimertinib. High-level results reported August 17 showed statistically significant and clinically meaningful improvements in progression-free and overall survival versus doublet platinum-based chemotherapy. SANOVO studied previously untreated patients in China with locally advanced or metastatic NSCLC, activating EGFR mutations and MET overexpression. High-level results reported August 31 showed a statistically significant and clinically meaningful progression-free survival improvement and a clinically meaningful overall survival benefit versus osimertinib alone.

SAFFRON is scheduled for a Presidential Symposium oral presentation on October 25, and SANOVO for a Proffered Paper oral presentation on October 26. The Madrid congress runs October 23–27.

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HUTCHMED (HCM) signed an exclusive development and license agreement with a GSK subsidiary for cancer drug candidate HMPL‑A830, a first‑in‑class KRAS‑EGFR Antibody‑Targeted Therapy Conjugate, granting worldwide rights outside Mainland China, Hong Kong, Macau and Taiwan, with a US$110 million upfront payment.

The deal includes up to US$1.185 billion in additional development, regulatory and commercial milestone payments, plus tiered royalties on net sales. HUTCHMED retains full rights in Greater China and will lead the global phase I trial, expected to start in H2 2026, initially in colorectal, pancreatic and lung cancers.

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HUTCHMED (NASDAQ/AIM: HCM; HKEX: 13) reported positive high-level results from the Phase III SANOVO trial in China, testing all-oral ORPATHYS® (savolitinib) plus TAGRISSO® (osimertinib) versus TAGRISSO® alone in 326 treatment-naïve patients with locally advanced or metastatic EGFR-mutated, MET-overexpressing NSCLC.

The combination achieved a statistically significant and clinically meaningful progression-free survival benefit in both high MET and intention-to-treat populations, with encouraging overall survival signals and a safety profile consistent with known data. Follow-up for survival endpoints is ongoing, and detailed results will be presented at a future medical meeting.

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HUTCHMED (Nasdaq/AIM:HCM; HKEX:13) announced that China’s NMPA has granted conditional approval for ATLED® (fanregratinib, HMPL-453), a novel oral FGFR 1/2/3 inhibitor, to treat adult patients in China with advanced, metastatic or unresectable intrahepatic cholangiocarcinoma harboring FGFR2 fusion or rearrangement after prior systemic therapy.

The approval is based on a pivotal Phase II registration cohort in China (NCT04353375), which showed an IRC-assessed objective response rate of 42.5%, median duration of response of 6.9 months, disease control rate of 83.9%, median progression-free survival of 6.9 months and median overall survival of 16.6 months. Median time to response was 1.4 months. Enrollment for a Phase IIIb confirmatory study began in January 2026, and HUTCHMED plans to commercialize ATLED® in China using its existing infrastructure while retaining worldwide rights to fanregratinib.

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HUTCHMED (NASDAQ/AIM:HCM; HKEX:13) reported positive high-level results from the global Phase III SAFFRON trial, in which ORPATHYS® (savolitinib) plus TAGRISSO® (osimertinib) achieved statistically significant and clinically meaningful improvements in progression-free survival and overall survival versus doublet platinum-based chemotherapy in patients with MET-driven EGFR-mutated advanced NSCLC after progression on TAGRISSO®.

The safety profile of the combination was consistent with known profiles of each medicine, with no new safety findings. According to HUTCHMED, the data will be presented at an upcoming medical meeting and shared with global regulators to support potential registrations of the ORPATHYS® plus TAGRISSO® regimen.

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HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) reported 2026 interim results for the six months ended June 30, 2026. According to HUTCHMED, total revenue was $278.3 million, broadly unchanged from $277.7 million in H1 2025, while net income attributable to HUTCHMED was $15.9 million (H1 2025: $455.0 million including a large one-off gain).

Oncology product in‑market sales rose to $279.8 million, with China in‑market oncology sales up 32% to $94.4 million. ELUNATE® sales increased 41% to $60.8 million and SULANDA® 45% to $18.4 million, while FRUZAQLA® global in‑market sales reached $185.4 million, supported by ~70% ex‑US growth and launches or approvals in 41 countries.

Total consolidated oncology product revenue grew 23% to $121.4 million. Other Oncology/Immunology revenue was $40.9 million, including an $18.1 million milestone from Eli Lilly, and Other Ventures revenue declined 14% to $116.0 million. HUTCHMED reported a cash balance of $1.37 billion and highlighted multiple new NDAs, approvals and advancing ATTC and late‑stage clinical programs.

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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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HUTCHMED (Nasdaq/AIM: HCM; HKEX:13) will announce its 2026 half-year financial results for the six months ended June 30, 2026, on Thursday, July 30, 2026, at 7:00 am EDT / 12:00 noon BST / 7:00 pm HKT.

Management will host English and Chinese webcasts with Q&A for analysts and investors, accessible live and via replay on the company website.

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FAQ

What is the current stock price of HUTCHMED (China) (HCM)?

HUTCHMED (China) (HCM) last closed at $13.67.

What is the market cap of HUTCHMED (China) (HCM)?

The market cap of HUTCHMED (China) (HCM) is approximately $2.4B.