HUTCHMED (China) Limited (HCM)

Sector:

Pharma and Biotech

183.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 264.00p
  • 52 Week Low: 156.50p
  • Currency: UK Pounds
  • Shares Issued: 872.34m
  • Volume: 40,836
  • Market Cap: £1,596.37m
  • RiskGrade: 226
  • Beta: 0.01

Hutchmed launches development programme for next-gen therapy platform

By Josh White

Date: Wednesday 17 Dec 2025

LONDON (ShareCast) - (Sharecast News) - Hutchmed said on Wednesday that it has initiated a global phase one clinical development programme for HMPL-A251, marking the first clinical-stage candidate from its next-generation Antibody-Targeted Therapy Conjugate platform.
The AIM-traded firm said the first-in-human phase one/2a, open-label, multicentre study was evaluating HMPL-A251 as a monotherapy in adult patients with unresectable, advanced or metastatic HER2-expressing solid tumours.

Study sites are located in the United States and China, with the first patient having received the initial dose on 16 December in China.

The trial comprises a phase one dose-escalation stage and a phase 2a dose-expansion and optimisation stage, with the initial focus on assessing safety, tolerability and defining the maximum tolerated and recommended doses.

HMPL-A251 is a first-in-class PI3K/PIKK-HER2 ATTC, combining a highly selective PI3K/PIKK inhibitor payload with a humanised anti-HER2 IgG1 antibody via a cleavable linker.

Hutchmed said the design was intended to deliver targeted pathway inhibition directly to HER2-expressing tumour cells, potentially overcoming the systemic toxicity and narrow therapeutic index that have historically limited PI3K/PIKK inhibitors.

Secondary endpoints of the study include preliminary anti-tumour activity, pharmacokinetics and immunogenicity.

Hutchmed said preclinical data for HMPL-A251, presented earlier this year, supported the translational potential of the ATTC platform and its broader application across a family of future drug candidates.

The company said the ATTC platform represented a next-generation approach to precision oncology, combining monoclonal antibodies with proprietary small-molecule inhibitor payloads to deliver dual mechanisms of action while aiming to reduce off-tumour toxicity and improve long-term tolerability.

At the close on Wednesday, shares in Hutchmed China were up 1% at 202p.

Reporting by Josh White for Sharecast.com.

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HCM Market Data

Currency UK Pounds
Share Price 183.00p
Change Today -6.00p
% Change -3.17 %
52 Week High 264.00p
52 Week Low 156.50p
Volume 40,836
Shares Issued 872.34m
Market Cap £1,596.37m
Beta 0.01
RiskGrade 226

HCM Star Ratings

Compare performance with the sector and the market.
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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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16:35 31 @ 183.00p

HCM Key Personnel

Chair Dan Eldar
CEO Weiguo Su

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