Fruquintinib should continue to bear fruit
Lighthouse | 21 November 2022
Trinity Delta view: FRUTIGA was the first China combination trial initiated as part of HUTCHMED’s broad fruquintinib development programme in China and globally as monotherapy and in combinations. The strategy has since evolved to focus on immuno-oncology combinations (detailed in our September 2022 Pipeline Update), reflecting advances in the SoC in several indications and leveraging fruquintinib’s profile as a safe and highly selective potent VEGFR 1/2/3 inhibitor, with potentially synergistic mechanisms of action. Fruquintinib is a key contributor to HUTCHMED FY22 China revenue guidance of $160-$190m and, assuming a positive decision in 2024 from the FDA, EMA, and/or PMDA, could become its first approval ex-China.
21 November 2022
|Price (US ADS) (UK share) (SEHK share)||US$10.77|
HUTCHMED is a Hong Kong headquartered biopharma focused on discovering, developing and commercializing innovative targeted therapeutics and immunotherapies to treat cancer and autoimmune diseases. It has a diverse pipeline of first-in-class/best-in-class selective oral TKIs in development for the China and global markets.
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