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Hutchmed (China) Limited Stock Price, News & Analysis

HCM Nasdaq

Welcome to our dedicated page for Hutchmed (China) news (Ticker: HCM), a resource for investors and traders seeking the latest updates and insights on Hutchmed (China) stock.

HUTCHMED (China) Limited (HCM) news covers the company’s ongoing work as a commercial-stage biopharmaceutical developer of targeted therapies and immunotherapies for cancer and immunological diseases. Press releases frequently describe progress across its in-house pipeline, regulatory milestones in China and abroad, and updates on marketed medicines such as ELUNATE® (fruquintinib), ORPATHYS® (savolitinib) and SULANDA® (surufatinib).

Investors and healthcare professionals following HUTCHMED news can expect detailed reports on clinical trial results, including Phase II and Phase III data in solid tumors and autoimmune hematologic diseases. Recent announcements have highlighted Phase III outcomes for savolitinib plus TAGRISSO® in EGFR-mutated non-small cell lung cancer, topline Phase III results for sovleplenib in warm antibody autoimmune hemolytic anemia, and initiation or expansion of studies such as the Phase II/III trial of surufatinib and camrelizumab in metastatic pancreatic ductal adenocarcinoma.

News items also address regulatory and reimbursement developments, such as New Drug Application acceptances with priority review for savolitinib in MET-amplified gastric cancer and fanregratinib in intrahepatic cholangiocarcinoma, as well as inclusion of HUTCHMED-associated medicines on China’s National Reimbursement Drug List and the National Commercial Health Insurance Innovative Drug List. These updates provide context on how the company’s therapies may reach broader patient populations.

Another recurring theme is platform and pipeline strategy, including announcements about the ATTC (Antibody-Targeted Therapy Conjugate) platform and first-in-human trials of HMPL-A251, as well as presentations at major scientific meetings such as ESMO, ASH and AACR-NCI-EORTC. For those tracking HCM, this news feed offers a centralized view of clinical data readouts, partnership activities, regulatory interactions and broader R&D progress. Bookmarking this page allows readers to follow how HUTCHMED’s oncology and immunology programs evolve over time.

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HUTCHMED has been added to the FTSE Global Equity Index Series as announced on December 19, 2021, effective December 20, 2021. This inclusion highlights HUTCHMED’s standing as a notable player in the global equity market. FTSE Russell, a leader in global indices, provides a comprehensive benchmarking framework that includes over 16,000 securities from various markets. HUTCHMED is focused on developing targeted therapies for cancer and immunological diseases with over 1,400 personnel in oncology and immunology.

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HUTCHMED announced new analyses of HMPL-523 at the 63rd American Society for Hematology’s Annual Meeting, highlighting the ongoing Phase I and Ib studies. In the Phase Ib trial for primary immune thrombocytopenia (ITP), 68.8% of patients on the recommended dose responded positively compared to 9.1% on placebo. Safety data demonstrated no treatment-related serious adverse events, with 73% experiencing treatment-related adverse events. A Phase III trial (ESLIM-01) is underway for HMPL-523 after positive outcomes. The drug targets Syk kinase, crucial for treating several B-cell malignancies.

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HUTCHMED (HCM) presented new analyses of surufatinib combined with toripalimab during the ESMO Immuno-Oncology Congress 2021. Two studies were highlighted: one focused on advanced small cell lung cancer (SCLC) and the other on advanced gastric and gastroesophageal junction adenocarcinoma, esophageal squamous cell carcinoma, and neuroendocrine carcinoma. Surufatinib, an oral angio-immuno kinase inhibitor, has shown promising results in clinical trials, demonstrating a significant progression-free survival advantage in various indications. HUTCHMED retains worldwide rights to surufatinib.

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HUTCHMED has successfully completed patient enrollment for the FRESCO-2 Phase III study of fruquintinib, targeting metastatic colorectal cancer, ahead of schedule with 687 participants. Conducted across 150 sites in 14 countries, this trial aims to confirm the drug's clinical benefits observed in earlier studies. Topline results are expected in H2 2022. If successful, HUTCHMED plans to seek FDA, EMA, and PMDA marketing authorizations. Notably, the FDA granted Fast Track Designation for fruquintinib in June 2020, highlighting its potential as a treatment option.

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HUTCHMED (HCM) announced that starting January 1, 2022, its drug ELUNATE® remains on China's National Reimbursement Drug List (NRDL), while SULANDA® is newly included. ELUNATE® targets metastatic colorectal cancer, a prevalent condition in China with approximately 450,000 to 550,000 new cases annually. SULANDA® treats advanced neuroendocrine tumors, with 71,300 new cases diagnosed in 2020. HUTCHMED's ORPATHYS® was excluded from the NRDL update, which will be reassessed next year. The NRDL aims to improve drug affordability for patients under various insurance schemes.

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HUTCHMED and AstraZeneca announced the initiation of the SACHI Phase III trial in China, studying ORPATHYS (savolitinib) combined with TAGRISSO (osimertinib) for EGFR mutation-positive NSCLC patients with MET amplification. The trial, which began on November 22, 2021, aims to assess the combination's efficacy against standard chemotherapy. Primary endpoint: median progression-free survival. This follows earlier promising results from TATTON studies. Savolitinib is already approved in China for specific NSCLC cases.

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HUTCHMED (Nasdaq/AIM: HCM) announced updates on its ongoing studies of HMPL-523 and HMPL-306, presented at the 63rd ASH Annual Meeting from December 11-14, 2021. Key presentations include clinical data on HMPL-523, focusing on its safety and preliminary efficacy for treating primary immune thrombocytopenia, and initial results from a Phase I study on HMPL-523 in lymphoma patients. Additionally, a Phase I trial of HMPL-306 for advanced hematological malignancies is in progress. Both compounds aim to address significant oncology challenges, with HMPL-523 retaining global rights by HUTCHMED.

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HUTCHMED and AstraZeneca have launched the global Phase III study SAMETA to evaluate savolitinib combined with IMFINZI for treating patients with MET-driven advanced papillary renal cell carcinoma (PRCC). The trial aims to show improved efficacy compared to existing treatments, with initial doses administered on October 28, 2021. Previous studies, like SAVOIR and CALYPSO, showcased promising results, with CALYPSO reporting a 57% response rate in patients with MET alterations. The primary endpoint is median progression-free survival.

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HUTCHMED has commenced a Phase III trial of HMPL-523, an investigational Syk inhibitor, for primary immune thrombocytopenia (ITP) in China. The trial began on October 27, 2021, enrolling approximately 180 adult patients. The study aims to evaluate the drug's efficacy, with the primary endpoint being the durable response rate. Previous Phase Ib data showed promising results, which will be further detailed at the upcoming American Society of Hematology Annual Meeting in December 2021. HUTCHMED retains global rights for HMPL-523, which is also being studied for other conditions.

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HUTCHMED (Nasdaq/AIM: HCM; HKEX:13) has completed the sale of its indirect interest in Hutchison Whampoa Guangzhou Baiyunshan Chinese Medicine Company Limited (HBYS) for approximately US$169 million in cash. This valuation represents about 22 times HBYS' adjusted net profit of US$7.7 million for 2020. HUTCHMED has received around US$127 million, with the remaining US$42 million expected from future dividends. The sale allows HUTCHMED to direct resources toward enhancing its Oncology/Immunology investments in China and globally.

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FAQ

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

The current stock price of Hutchmed (China) (HCM) is $14.16 as of December 22, 2023.

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

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

HCM Rankings

HCM Stock Data

2.43B
174.45M
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