SHOCKING: Hutchmed - You Need To See This

A phase 3 trial in China found savolitinib plus osimertinib delayed progression in first-line MET-overexpressing EGFR-mutated lung cancer.

Recent years have been challenging for Chinese stocks, but the outlook is brightening. With a newfound resilience in risk appetite and a more favorable investment climate, it could be wise to keep a watchful eye on Chinese stocks Waterdrop (WDH), HUTCHMED (HCM), and Trip.com Group (TCOM) that seem poised for…

HUTCHMED (China) Limited (Nasdaq: HCM) received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) for the New Drug Application (NDA) for Surufatinib for the treatment of pancreatic and extra-pancreatic (non-pancreatic) neuroendocrine tumors (NETs).

Biopharma stocks are sensitive to a key binary event called the PDUFA date, the date by which the Food and Drug Administration is required to give its verdict on a regulatory application filed with it.

According to a Bloomberg report, U.S. regulators could reportedly have full access to auditing reports from most of the 200-plus China-based companies listed in New York in mid-2022. In the drafting stage, the framework from the China Securities Regulatory Commission and other national agencies would let most Chinese firms keep their U.S.…

Three of the most major drugmakers with roots in China, Zai Lab Ltd (NASDAQ: ZLAB), BeiGene Ltd (NASDAQ: BGNE), and Hutchmed China Ltd (NASDAQ:

Key Takeaways

Hutchmed (China) Limited (NASDAQ:HCM) reported FY21 sales of $356.1 million, up 56% Y/Y, driven by commercial progress on three in-house developed oncology drugs Elunate, Sulanda, and Orpathys. FY21 Oncology/Immunology consolidated revenues reached $119.6 million, up 296%, in line with the guidance of $110-130 million. Elunate revenues increased 168% to $53.5 million. Sulanda…