HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

Index:

FTSE AIM 100

236.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 325.00
  • 52 Week Low: 189.00
  • Currency: UK Pounds
  • Shares Issued: 872.11m
  • Volume: 17,125
  • Market Cap: £2,058.18m
  • RiskGrade: 226

Hutchmed to get milestone payment after China drug approval

By Josh White

Date: Monday 30 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Hutchmed announced on Monday that China's National Medical Products Administration (NMPA) has approved the new drug application for the combination of 'Orpathys'. Or savolitinib, and 'Tagrisso', or osimertinib, to treat patients with locally advanced or metastatic EGFR mutation-positive non-squamous non-small cell lung cancer (NSCLC) with MET amplification following progression on EGFR TKI therapy.
The AIM-traded firm said the approval triggered an $11m milestone payment from AstraZeneca, which markets both drugs in China.

It said the approval was based on the SACHI phase three trial, which met its primary endpoint of progression-free survival in an interim analysis.

Results presented at the ASCO annual meeting in June showed the combination reduced the risk of disease progression by 66%, with a median progression-free survival (PFS) of 8.2 months versus 4.5 months for chemotherapy.

The independent review committee reported a 60% risk reduction with a median PFS of 7.2 months compared to 4.2 months.

It said the safety profile was favourable, with no new safety signals observed.

"The approval of the Orpathys and Tagrisso combination is a significant milestone in addressing the complex challenges of lung cancer treatment in China, where the EGFR mutation is common amongst NSCLC patients," said professor Shun Lu, principal investigator of the trial.

"For patients who develop MET amplification after progressing on EGFR inhibitors, the combination offers a continued all-oral, chemotherapy-free approach to tackle a critical resistance mechanism."

The approval further strengthened Hutchmed's position in targeted oncology, the company said, while the ongoing global SAFFRON phase three trial was continuing to evaluate the combination for potential registration outside China.

"The NMPA approval marks an important step forward in our mission to address MET-driven progression following first-line EGFR-inhibitor therapy in NSCLC patients," commented Dr Weiguo Su, CEO and chief scientific officer of Hutchmed.

"Our collaboration with AstraZeneca, built on a shared vision to transform oncology care, has been crucial in reaching this achievement."

At 1039 BST, shares in Hutchmed China were up 0.72% at 220.58p.

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 236.00p
Change Today 5.00p
% Change 2.16 %
52 Week High 325.00
52 Week Low 189.00
Volume 17,125
Shares Issued 872.11m
Market Cap £2,058.18m
RiskGrade 226

HCM Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
41.47% below the market average41.47% below the market average41.47% below the market average41.47% below the market average41.47% below the market average
26.09% below the sector average26.09% below the sector average26.09% below the sector average26.09% below the sector average26.09% below the sector average
Price Trend
19.44% below the market average19.44% below the market average19.44% below the market average19.44% below the market average19.44% below the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Income Not Available
Growth
43.82% below the market average43.82% below the market average43.82% below the market average43.82% below the market average43.82% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average

HCM Dividends

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Trades for 11-Jul-2025

Time Volume / Share Price
16:35 2,482 @ 236.00p
16:35 951 @ 236.00p
16:35 1,211 @ 236.00p
16:35 48 @ 236.00p
16:35 98 @ 236.00p

HCM Key Personnel

Chair Dan Eldar
CEO Weiguo Su

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