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Sovleplenib Phase III success in wAIHA backs HUTCHMED (HCM) priority review

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HUTCHMED reports detailed Phase III ESLIM-02 results for its oral Syk inhibitor sovleplenib in adults with warm antibody autoimmune hemolytic anemia (wAIHA) in China. The study met its primary endpoint, with a durable hemoglobin response in 66% of sovleplenib patients versus 15% on placebo between weeks 5–24.

Overall response rate, defined by meaningful hemoglobin improvement without rescue therapy, was 70% for sovleplenib versus 22% for placebo, and use of rescue therapy and blood transfusions was markedly lower in the treatment arm. Median time to response was shorter and duration of response longer with sovleplenib, and subgroup data in patients previously treated with rituximab remained favorable.

Sovleplenib showed a favorable safety profile, with Grade ≥3 treatment-emergent adverse events in 43% of patients versus 59% on placebo and no treatment-related deaths or discontinuations in the sovleplenib arm. Supported by ESLIM-02, a New Drug Application for sovleplenib in wAIHA has been accepted and granted priority review, following earlier Breakthrough Therapy Designation in China.

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Insights

Strong Phase III efficacy and safety data support sovleplenib’s wAIHA NDA, but commercial impact depends on eventual approval and uptake.

The ESLIM-02 Phase III data show sovleplenib achieving a 66% durable response versus 15% for placebo and higher overall response rates, with faster onset and longer duration of benefit. Reduced need for rescue therapy and transfusions addresses key burdens in wAIHA, where no targeted therapies are currently approved.

Safety appears favorable, with lower rates of Grade ≥3 adverse events than placebo and no treatment-related deaths or discontinuations reported in the sovleplenib arm. Regulators in China have accepted the wAIHA NDA and granted priority review and earlier Breakthrough Therapy Designation, signaling unmet need and potential clinical value. Future outcomes will hinge on regulatory decisions and how widely physicians adopt the drug if approved.

Durable response rate 66% vs 15% Weeks 5–24 primary endpoint in Phase III ESLIM-02 wAIHA
Overall response rate 70% vs 22% Hemoglobin ≥100 g/L and ≥20 g/L increase without rescue therapy
Rescue therapy use 16% vs 54% Protocol-defined rescue therapy during 24-week double-blind period
Red blood cell transfusions 11% vs 43% Patients receiving transfusions during 24-week treatment period
Median time to response 3.1 vs 6.3 weeks Sovleplenib versus placebo in Phase III ESLIM-02
Median duration of response 16.1 vs 6.1 weeks Cumulative duration among overall responders, sovleplenib vs placebo
Grade ≥3 TEAEs 43% vs 59% Patients with severe treatment-emergent adverse events, sovleplenib vs placebo
Regulatory status in wAIHA Priority review and Breakthrough Therapy China NMPA designations for sovleplenib in 2026
warm antibody autoimmune hemolytic anemia medical
"Phase III part of the ESLIM-02 study of sovleplenib in patients with warm antibody autoimmune hemolytic anemia"
Warm antibody autoimmune hemolytic anemia is a condition in which the immune system mistakenly targets and destroys a person’s red blood cells at normal body temperature, causing fatigue, shortness of breath and low blood counts. For investors, it matters because it can drive demand for specific drugs and diagnostics, affect clinical trial outcomes and regulatory reviews, and create costs or liabilities for healthcare providers and biopharma companies—think of it as friendly fire that creates a market and risk landscape.
Syk medical
"Sovleplenib is a novel, investigational, selective small molecule inhibitor for oral administration targeting Syk."
treatment-emergent adverse events medical
"Grade ≥3 treatment-emergent adverse events ("TEAE") were reported in 43% patients in the sovleplenib arm and 59% patients in the placebo arm."
Events or symptoms that either appear for the first time or get worse after a patient starts a treatment; think of new or intensified side effects that show up once medicine or a medical device is used. Investors watch these closely because they affect whether a therapy can gain regulatory approval, be prescribed widely, or face legal and commercial setbacks—similar to how early customer complaints can sink a new product’s prospects.
priority review regulatory
"a New Drug Application ("NDA") for sovleplenib ... has been accepted for review and granted priority review by the China National Medical Products Administration"
Priority review is a regulatory fast-track that shortens the time an agency spends evaluating a drug, vaccine or medical device application so a decision comes sooner than normal. For investors, it matters because a faster review is like an express lane to market: it can speed revenue potential and reduce regulatory uncertainty, but it does not guarantee approval and still requires the product to meet safety and effectiveness standards.
Breakthrough Therapy Designation regulatory
"The NMPA granted Breakthrough Therapy Designation to sovleplenib for the treatment of wAIHA in March 2026."
A breakthrough therapy designation is a regulatory fast-track given to a drug or treatment that shows early signs of providing a major improvement over existing options for a serious condition. Think of it as a VIP lane that can speed up development and more intensive guidance from regulators, which matters to investors because it can shorten time to market, reduce development risk and potentially increase a company’s value — though it does not guarantee approval.
New Drug Application regulatory
"a New Drug Application ("NDA") for sovleplenib for the treatment of adult patients with wAIHA ... has been accepted for review"
A new drug application is a formal request submitted to government regulators seeking approval to market a new medicine. It is like a detailed proposal that shows the drug has been tested for safety and effectiveness. For investors, receiving approval signals that the drug may soon become available for sale, potentially leading to revenue growth and impacting the company's value.
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FAQ

What did HUTCHMED (HCM) report from the sovleplenib ESLIM-02 Phase III trial?

HUTCHMED reported that sovleplenib met the primary endpoint in the Phase III ESLIM-02 wAIHA study, delivering a higher durable hemoglobin response versus placebo. The drug also improved overall response rates, reduced rescue therapies and transfusions, and showed a favorable safety profile compared with placebo.

How effective was sovleplenib versus placebo in HUTCHMED’s wAIHA Phase III trial?

Sovleplenib achieved a durable response rate of 66% versus 15% for placebo between weeks 5–24. Overall response rate, based on hemoglobin improvement without rescue therapy, reached 70% on sovleplenib compared with 22% on placebo, indicating substantially better disease control in treated patients.

What safety profile did sovleplenib show in HUTCHMED’s ESLIM-02 study?

Sovleplenib showed a favorable safety profile, with Grade ≥3 treatment-emergent adverse events in 43% of patients versus 59% on placebo. The most common severe events, including warm autoimmune hemolytic anemia and upper respiratory tract infection, were generally less frequent on sovleplenib, with no treatment-related deaths or discontinuations reported.

What regulatory milestones has sovleplenib achieved in China according to HUTCHMED (HCM)?

Supported by ESLIM-02 data, sovleplenib’s New Drug Application for adult wAIHA patients was accepted and granted priority review by China’s NMPA in April 2026. The NMPA had earlier granted Breakthrough Therapy Designation in March 2026, reflecting recognized unmet need and promising clinical evidence.

How quickly did patients respond to sovleplenib in HUTCHMED’s wAIHA trial?

In the Phase III part of ESLIM-02, median time to response was 3.1 weeks for patients receiving sovleplenib compared with 6.3 weeks on placebo. Among responders, the median cumulative duration of response was longer on sovleplenib, at 16.1 weeks versus 6.1 weeks with placebo.

What other indications is HUTCHMED’s sovleplenib being studied for beyond wAIHA?

Beyond wAIHA, sovleplenib is also being studied in immune thrombocytopenia (ITP). Positive Phase III ESLIM-01 results in primary ITP have been published, and China’s NMPA accepted a resubmitted NDA for ITP with priority review in February 2026, indicating broader potential hematology applications.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 6-K


REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the Month of June 2026

Commission File Number: 001-37710


HUTCHMED (CHINA) LIMITED

(Translation of registrant’s name into English)


48th Floor, Cheung Kong Center, 2 Queen’s Road Central, Hong Kong

(Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F               Form 40-F  


HUTCHMED (CHINA) LIMITED

Form 6-K

EXHIBIT INDEX

Exhibit No.

  ​ ​ ​

Description

Exhibit 99.1

Press release relating to HUTCHMED highlights sovleplenib ESLIM-02 phase III data in warm antibody autoimmune hemolytic anemia presented at EHA 2026 Congress

2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HUTCHMED (CHINA) LIMITED

By:

/s/ Johnny Cheng

Name:

Johnny Cheng

Title:

Chief Financial Officer

Date: June 12, 2026

3


Exhibit 99.1

Graphic

Press Release

HUTCHMED Highlights Sovleplenib ESLIM-02 Phase III Data in Warm Antibody Autoimmune Hemolytic Anemia Presented at EHA 2026 Congress

— Sovleplenib demonstrated rapid and durable hemoglobin response with favorable safety profile —

—The ESLIM-02 study underscores sovleplenib’s potential to address critical unmet needs in a treatment landscape currently devoid of approved targeted therapies  —

Hong Kong, Shanghai & Florham Park, NJ — Friday, June 12, 2026: HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:HCM; HKEX:13) today announces results from the Phase III part of the ESLIM-02 study of sovleplenib in patients with warm antibody autoimmune hemolytic anemia (“wAIHA”) in China  were presented on Thursday, June 11, 2026 during the European Hematology Association (“EHA”) Congress in Stockholm, Sweden.

Supported by data from the ESLIM-02 study, a New Drug Application (“NDA”) for sovleplenib for the treatment of adult patients with wAIHA who have had an insufficient response to at least one previous glucocorticoid treatment has been accepted for review and granted priority review by the China National Medical Products Administration (“NMPA”) in April 2026. The NMPA granted Breakthrough Therapy Designation to sovleplenib for the treatment of wAIHA in March 2026. The ESLIM-02 presentation was selected for the official EHA Press Program.

Professor Bing Han of Peking Union Medical College Hospital, and co-leading Principal Investigator of the ESLIM-02 study, said: “The wAIHA treatment paradigm has remained stagnant for decades, with patients often trapped in a cycle of high-dose steroids and frequent relapses. The ESLIM-02 data are transformative as they demonstrate that targeting the Syk pathway can achieve both rapid and durable control of hemolysis. We are particularly encouraged by the robust data across all patient subgroups, regardless of their prior treatments. Sovleplenib’s ability to significantly reduce the need for rescue therapies and blood transfusions represents a major step forward in restoring the quality of life for these patients.”

ESLIM-02 is a randomized, double blind, placebo-controlled China Phase II/III study in adult patients with primary or secondary wAIHA who had relapsed or were refractory to at least one prior line of standard treatment (NCT05535933). Results from the Phase II part of the study were published in The Lancet Haematology in January 2025. In Phase III part of the study, 90 patients were randomized 1:1 to receive either sovleplenib (n=44) or placebo (n=46) at a dose of 300 mg once daily for 24 weeks.

The study met its primary endpoint, with sovleplenib demonstrating a significantly higher durable response rate during weeks 5–24 compared to placebo (66% vs 15%, p<0.0001). During the 24-week double-blind treatment period, sovleplenib demonstrated superior efficacy across several key metrics; specifically, the overall response rate—defined as hemoglobin (Hb) ≥100 g/L with an increase of ≥20 g/L from baseline without rescue therapy—was significantly increased (70% vs 22%, p<0.0001). The use of protocol-defined rescue therapy was significantly reduced with sovleplenib (16% vs 54%, p=0.0001), fewer patients received red blood cell transfusion (11% vs 43%) and higher patients with tapering or discontinuation of glucocorticoids or other baseline concomitant anti-wAIHA therapies (50% vs 15%, p=0.003​).

Median time to response was 3.1 weeks for sovleplenib versus 6.3 weeks for placebo, while the median cumulative duration of response among overall responders was 16.1 versus 6.1 weeks, respectively. Additionally, an improvement in hemolytic markers was observed with sovleplenib compared with placebo, showing an alleviation of active hemolysis.

These efficacy findings remained consistent across all sensitivity analyses, and all subgroup analyses further supported the primary endpoint results. Notably, in patients who had received prior rituximab therapy, the durable response rate continued to favor sovleplenib over placebo (69% vs 16%, p=0.0022).


Sovleplenib demonstrated a favorable safety profile. Grade ≥3 treatment-emergent adverse events (“TEAE”) were reported in 43% patients in the sovleplenib arm and 59% patients in the placebo arm. The most common Grade ≥3 TEAEs, occurring in at least 10% of patients, were warm autoimmune hemolytic anemia (18% vs 43%) and upper respiratory tract infection (2% vs 11%). There were no TEAE-related deaths or treatment discontinuations reported in the sovleplenib group.

Details of the presentation are as follows:

Title:

A randomized, double-blind, placebo-controlled Phase 3 study of ESLIM-02 for efficacy and safety of sovleplenib (HMPL-523) in patients with warm autoimmune hemolytic anemia in China

Lead Author:

Bing Han, Peking Union Medical College Hospital, Chinese Academy of Medical Science, Beijing, China

Session:

Oral Session (Targeted therapies in rare red cell and metabolic disorders)

Presentation ID:

S301

Date & Time:

Thursday, 11 June 2026, 17:00 CEST

Location:

A13 Hall

About Sovleplenib and wAIHA

Sovleplenib is a novel, investigational, selective small molecule inhibitor for oral administration targeting Syk. Syk is a major component in B-cell receptor and Fc receptor signaling and is an established target for the treatment of multiple subtypes of B-cell lymphomas and autoimmune disorders.

The accelerated clearance of antibody-coated RBCs by immunoglobulin Fc-gamma receptor (FcγR) bearing macrophages is thought to be the pathogenic mechanism in wAIHA.1 Activated Syk mediates downstream signaling of the activated Fc receptors in phagocytic cells, resulting in phagocytosis of RBCs.2 In addition, activation of Syk through the B-cell receptor mediates activation and differentiation of B-lymphocytes into antibody secreting plasma cells.3 Inhibition of Syk may have potential effects in the treatment of wAIHA through inhibition of phagocytosis and reduction of antibody production.

In addition to wAIHA, sovleplenib is also being studied in immune thrombocytopenia (“ITP”). Positive results from ESLIM-01 (NCT05029635), a Phase III trial in China of sovleplenib in patients with primary ITP, have been published in The Lancet Haematology. The NMPA accepted for review the resubmitted NDA filing for the treatment of ITP and granted it priority review in February 2026. According to IQVIA, China has 430,000 existing patients with 41,000 new ITP patients each year. About half of ITP patients fail to have satisfactory results from currently approved treatments such as TPO (thrombopoietin) / TPO-RAs (thrombopoietin receptor agonists).

HUTCHMED currently retains all rights to sovleplenib worldwide.

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 but not limited to its expectations regarding the therapeutic potential of sovleplenib, the further clinical development for sovleplenib, its expectations as to whether any studies on sovleplenib 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. 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 sovleplenib, including as combination therapies, to meet the primary or secondary endpoint of a study, to obtain regulatory approval in different jurisdictions and to gain commercial acceptance after obtaining regulatory approval; the potential markets of sovleplenib for a targeted indication, and the sufficiency of funding. 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 Liberum

Nominated Advisor and Joint Broker

Atholl Tweedie / Emma Earl / Rupert Dearden

+44 20 7886 2500

Cavendish

Joint Broker

Geoff Nash / Nigel Birks

+44 20 7220 0500

Deutsche Numis

Joint Broker

Duncan Monteith / Ramin Naji

+44 20 7545 8000

___________________________________

REFERENCES

1Barros MM, Blajchman MA, Bordin JO. Warm autoimmune hemolytic anemia: recent progress in understanding the immunobiology and the treatment. Transfus Med Rev. 2010; 24(3):195210. doi: 10.1016/j.tmrv.2010.03.002.
2Barcellini W, Fattizzo B, Zaninoni A. Current and emerging treatment options for autoimmune hemolytic anemia. Expert Rev Clin Immunol. 2018; 14(10):857872. doi: 10.1080/1744666x.2018.1521722.
3Davidzohn N, Biram A, StolerBarak L, Grenov A, Dassa B, Shulman Z. SYK degradation restrains plasma cell formation and promotes zonal transitions in germinal centers. J Exp Med. 2020; 217(3):e20191043. doi: 10.1084/jem.20191043.

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