HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

Index:

FTSE AIM 100

227.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 323.00
  • 52 Week Low: 189.00
  • Currency: UK Pounds
  • Shares Issued: 872.15m
  • Volume: 12,659
  • Market Cap: £1,979.78m
  • RiskGrade: 226

Hutchmed upbeat on preclinical data for novel cancer therapy

By Josh White

Date: Thursday 23 Oct 2025

LONDON (ShareCast) - (Sharecast News) - Hutchmed China reported preclinical data on Thurdsay, showing strong anti-tumour activity for its novel cancer therapy HMPL-A251, the first investigational drug to emerge from the company's proprietary Antibody-Targeted Therapy Conjugate (ATTC) platform.
The AIM-traded firm presented the findings this week at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics in Boston.

It described HMPL-A251 as a first-in-class HER2-targeted conjugate that combines a potent and selective PI3K/PIKK inhibitor payload with a humanised anti-HER2 antibody via a cleavable linker.

Hutchmed said it was designed to address limitations of traditional toxin-based antibody-drug conjugates and standalone PAM-pathway inhibitors by enhancing tumour specificity while reducing systemic toxicity.

Preclinical studies demonstrated that HMPL-A251 achieved robust anti-tumour efficacy in vitro and in vivo across a range of HER2-positive and HER2-low models.

The compound showed strong HER2-dependent activity, inducing tumour cell apoptosis through inhibition of the PI3K/AKT/mTOR signalling pathway.

It also displayed synergistic and bystander killing effects, maintaining efficacy even in models with PAM-pathway alterations.

In comparative studies, HMPL-A251 achieved efficacy comparable to or greater than trastuzumab deruxtecan (T-DXd), a leading HER2-directed ADC, at equivalent doses.

Unlike toxin-based ADCs, Hutchmed said the ATTC approach uses pathway-modulating payloads designed for safer, long-term administration.

It said HMPL-A251 achieved potent tumour regression with minimal free-payload exposure in plasma - measured at less than one part per 500,000 - suggesting an improved safety profile.

"We are excited to share the progress of HMPL-A251, the first candidate from our ATTC platform," said Dr Michael Shi, Hutchmed's head of research and development and chief medical officer.

"It represents a potentially significant leap forward in addressing the limitations of toxin-based ADCs and the narrow therapeutic window of systemic PAM inhibitors.

"By combining selective PI3K/PIKK inhibition with precise HER2 targeting, HMPL-A251 achieves potent antitumor effects while maintaining a favourable safety profile."

He added that the results "underscore its potential to redefine treatment for a wide spectrum of cancers," noting that Hutchmed planned to advance HMPL-A251 and other ATTC candidates into clinical development.

The company said global clinical trials for HMPL-A251 were expected to begin around the end of 2025, with additional investigational new drug (IND) filings for other ATTC candidates planned in 2026.

At 1000 BST, shares in Hutchmed China were up 0.88% at 230p.

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 227.00p
Change Today -2.00p
% Change -0.87 %
52 Week High 323.00
52 Week Low 189.00
Volume 12,659
Shares Issued 872.15m
Market Cap £1,979.78m
RiskGrade 226

HCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.68% below the market average43.68% below the market average43.68% below the market average43.68% below the market average43.68% below the market average
31.71% below the sector average31.71% below the sector average31.71% below the sector average31.71% below the sector average31.71% below the sector average
Price Trend
21.97% below the market average21.97% below the market average21.97% below the market average21.97% below the market average21.97% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Income Not Available
Growth
44.06% below the market average44.06% below the market average44.06% below the market average44.06% below the market average44.06% below the market average
86.21% below the sector average86.21% below the sector average86.21% below the sector average86.21% below the sector average86.21% below the sector average

HCM Dividends

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Trades for 24-Oct-2025

Time Volume / Share Price
16:29 104 @ 224.00p
16:29 251 @ 224.00p
15:29 2 @ 228.00p
15:10 657 @ 227.16p
13:39 2,000 @ 224.56p

HCM Key Personnel

Chair Dan Eldar
CEO Weiguo Su

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