HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

Index:

FTSE AIM 100

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

Hutchison China Meditech expands collaboration with Innovent

By Duncan Ferris

Date: Thursday 10 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Hutchison China Meditech on Thursday confirmed the expansion of its tumour treatment collaboration agreement with Innovent Biologics Inc..

The collaboration is to evaluate the safety and efficacy of Innovent's tyvyt antibody in combination with Hutchison's surufatinib treatment in patients with advanced solid tumors.

This is an expansion of their partnership to study the effects of combining sintilimab the AIM traded company's highly selective VEGFR inhibitor, fruquintinib.

The AIM traded company said that clinical studies into the new combination would be conducted in the United States and China, and were expected to have synergistic anti-tumor effects by simultaneously targeting multiple cell types and signaling pathways in the tumor microenvironment.

Preclinical studies had suggested that surufatinib was able to block the accumulation of tumor associated macrophages and promote infiltration of effector T cells into tumors, all of which could contribute to improve anti-tumor activity of tyvyt.

Hutchison chief executive Christian Hogg said: "Our existing collaboration with Innovent on fruquintinib is progressing well. We are excited to expand our collaboration to include surufatinib and look forward to bringing the benefits of these combined therapies to more patients in China and around the world."

Hutchison China Meditech shares were down 3.56% at 277.50p at 1554 BST.

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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 352.00p
52 Week Low 173.60p
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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