HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

Index:

FTSE AIM 100

320.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 352.00
  • 52 Week Low: 173.60
  • Currency: UK Pounds
  • Shares Issued: 871.26m
  • Volume: 9,563
  • Market Cap: £2,788.02m
  • RiskGrade: 226

Hutchison Chi-Med launches new clinical trial of fruquintnib

By Josh White

Date: Tuesday 31 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Hutchison China MediTech - known as Chi‑Med - has initiated 'FRUTIGA', a pivotal Phase III clinical trial of fruquintinib in combination with paclitaxel (Taxol) for the treatment in advanced gastric or gastroesophageal junction adenocarcinoma patients in China.
The AIM-traded company said fruquintinib is a "highly selective and potent" oral inhibitor of vascular endothelial growth factor receptors 1, 2 and 3.

It said the randomised, double-blind, placebo-controlled, multicentre trial was being conducted in patients with advanced gastric cancer who had progressed after first-line standard chemotherapy.

Advanced gastric cancer was described by the company's board as a "major medical need", particularly in Asian populations, with limited treatment options for patients who have failed first-line standard chemotherapy with 5-fluorouracil and platinum doublets.

For gastric cancer, there are approximately 679,100 new cases and 498,000 deaths in China each year.

"Fruquintinib was designed to be a highly selective inhibitor of VEGFR 1, 2 and 3, which has shown the potential ability to combine with chemotherapy - a novel approach in the treatment of advanced gastric cancer," said Chi-Med chief executive Christian Hogg.

"With fruquintinib's new drug application in third-line colorectal cancer under review and its Phase III trial in third-line non-small cell lung cancer nearing full enrollment, we are excited to now also enter the final phase of development in second-line gastric cancer, a very large indication in which there is significant patient need for new treatment options in China."

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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 320.00p
Change Today -4.00p
% Change -1.23 %
52 Week High 352.00
52 Week Low 173.60
Volume 9,563
Shares Issued 871.26m
Market Cap £2,788.02m
RiskGrade 226

HCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.13% below the market average75.13% below the market average75.13% below the market average75.13% below the market average75.13% below the market average
60.78% below the sector average60.78% below the sector average60.78% below the sector average60.78% below the sector average60.78% below the sector average
Price Trend
78.92% above the market average78.92% above the market average78.92% above the market average78.92% above the market average78.92% above the market average
92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average
Income Not Available
Growth
67.71% above the market average67.71% above the market average67.71% above the market average67.71% above the market average67.71% above the market average
88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average

HCM Dividends

No dividends found

Trades for 20-May-2024

Time Volume / Share Price
11:49 4,280 @ 320.00p
11:48 2,867 @ 320.12p
10:05 1,562 @ 320.12p
10:04 1 @ 320.01p
09:44 157 @ 320.40p

HCM Key Personnel

Chair Dan Eldar
CEO Weiguo Su

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