HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

Index:

FTSE AIM 100

295.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 352.00
  • 52 Week Low: 173.60
  • Currency: UK Pounds
  • Shares Issued: 871.26m
  • Volume: 233
  • Market Cap: £2,570.23m
  • RiskGrade: 226

Chi-Med trials with AstraZeneca show preliminary anti-tumour activity

By Josh White

Date: Tuesday 17 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Hutchison China MediTech - commonly known as Chi-Med - announced on Tuesday that both it and AstraZeneca presented preliminary safety and clinical activity data of savolitinib when given in combination with either Tagrisso (osimertinib) or Iressa (gefitinib) in two Phase Ib/II proof-of-concept trials conducted in patients with epidermal growth factor receptor mutation-positive non-small cell lung cancer with MET-amplification, who had progressed following first-line treatment with an EGFR inhibitor.
The AIM-traded firm said that In both trials, the addition of savolitinib - 600mg, once daily - an investigational selective inhibitor of mesenchymal epithelial transition factor receptor tyrosine kinase, to Tagrisso - 80mg, once daily - or Iressa - 250mg, once daily - demonstrated preliminary anti-tumor activity.

It said the data was shared in two oral presentations at the International Association for the Study of Lung Cancer 18th World Conference on Lung Cancer in Yokohama, Japan.

"Secondary resistance mechanisms often emerge during treatment with mutation-targeted medicines, leading to disease progression," said Dr Myung-Ju Ahn of the department of hematology and oncology at the Samsung Medical Centre in Seoul.

"The data presented at WCLC demonstrate the potential of utilizing savolitinib in c-MET-driven lung cancers to address resistance challenges."

Susan Galbraith, head of oncology at AstraZeneca Research and Early Development, said her company was "committed" to developing innovative medicines to overcome the key drivers of cancer mechanisms of resistance and are strategically focused on developing effective combinations.

"The latest results for savolitinib in combination with osimertinib and gefitinib support our approach in collaboration with Chi-Med."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HCM Market Data

Currency UK Pounds
Share Price 295.00p
Change Today -3.00p
% Change -1.01 %
52 Week High 352.00
52 Week Low 173.60
Volume 233
Shares Issued 871.26m
Market Cap £2,570.23m
RiskGrade 226

HCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.33% below the market average73.33% below the market average73.33% below the market average73.33% below the market average73.33% below the market average
49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average
Price Trend
59.26% above the market average59.26% above the market average59.26% above the market average59.26% above the market average59.26% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Income Not Available
Growth
67.67% above the market average67.67% above the market average67.67% above the market average67.67% above the market average67.67% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average

HCM Dividends

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HCM Key Personnel

Chair Dan Eldar
CEO Weiguo Su

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