HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

Index:

FTSE AIM 100

335.00p
   
  • Change Today:
      22.00p
  • 52 Week High: 346.00p
  • 52 Week Low: 173.60p
  • Currency: UK Pounds
  • Shares Issued: 871.26m
  • Volume: 100,462
  • Market Cap: £2,918.71m
  • RiskGrade: 226

Hutchmed endometrial cancer treatment gets priority review in China

By Josh White

Date: Tuesday 02 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Hutchmed China announced the acceptance and granting of priority review by the China National Medical Products Administration (NMPA) for a new drug application combining fruquintinib and sintilimab for the treatment of advanced endometrial cancer on Tuesday.
The AIM-traded firm said the indication, applied for in conjunction with Innovent Biologics, targets tumours that had failed prior systemic therapy but were not eligible for curative surgery or radiation.

It said the application was supported by data from the FRUSICA-1 study, a phase two investigation of the combination in patients with recurrent, progressing, or intolerant endometrial cancer following platinum-based doublet chemotherapy.

The board said the primary endpoint of FRUSICA-1 was the objective response rate (ORR), assessed by an independent review committee (IRC), with secondary endpoints including disease control rate (DCR), duration of response (DoR), progression-free survival (PFS), overall survival (OS), and pharmacokinetic (PK) assessments.

Data from the study would be presented at an upcoming medical conference, and had been registered on clinicaltrials.gov.

The NMPA granted breakthrough therapy designation to the fruquintinib and sintilimab combination in July last year, acknowledging its potential to address a serious condition with limited treatment options, backed by substantial clinical evidence of advantages over existing therapies.

"This is the first regulatory filing for the combination of fruquintinib and the immune checkpoint inhibitor sintilimab," said Dr Michael Shi, head of research and development and chief medical officer at Hutchmed.

"It also represents an important step closer to reshaping the treatment landscape for this challenging disease in China.

"Endometrial cancer remains one of the most common gynaecological malignancies; we look forward to bringing this much-awaited treatment advancement to endometrial cancer patients to improve their treatment outcome."

At 1144 GMT, shares in Hutchmed China were down 0.56% at 266p.

Reporting by Josh White for Sharecast.com.

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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 335.00p
Change Today 22.00p
% Change 7.03 %
52 Week High 346.00p
52 Week Low 173.60p
Volume 100,462
Shares Issued 871.26m
Market Cap £2,918.71m
RiskGrade 226

HCM Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
73.61% below the market average73.61% below the market average73.61% below the market average73.61% below the market average73.61% below the market average
56.86% below the sector average56.86% below the sector average56.86% below the sector average56.86% below the sector average56.86% below the sector average
Price Trend
51.07% above the market average51.07% above the market average51.07% above the market average51.07% above the market average51.07% above the market average
85.45% above the sector average85.45% above the sector average85.45% above the sector average85.45% above the sector average85.45% above the sector average
Income Not Available
Growth
67.21% above the market average67.21% above the market average67.21% above the market average67.21% above the market average67.21% 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

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08:42 500 @ 337.00p

HCM Key Personnel

CEO Weiguo Su

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