Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Hutchmed cancer treatment indication accepted for review in China

(Sharecast News) - Hutchmed China announced a significant milestone in its cancer treatment work on Thursday, with the supplemental new drug application (sNDA) for savolitinib had been accepted for review by the China National Medical Products Administration (NMPA). The AIM-traded firm said the application was targeting adult patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) featuring mesenchymal epithelial transition factor (MET) exon 14 skipping alteration.

If approved, the application would expand the label indication for savolitinib to include treatment-naive patients in China.

Savolitinib, previously granted conditional approval in China for treating NSCLC patients with MET exon 14 skipping alterations who had progressed following prior systemic therapy or who were ineligible for chemotherapy, had been marketed under the brand name 'Orpathys' by Hutchmed's partner AstraZeneca.

That, the board sid, represented a groundbreaking development as the first selective MET inhibitor approved in China.

Given that a significant portion of lung cancer patients globally, and particularly in China, exhibited NSCLC with MET exon 14 skipping alterations, the expansion of savolitinib's indication held considerable promise for addressing an unmet medical need.

The acceptance of the sNDA followed the presentation of preliminary efficacy and safety data from the first-line cohort of the confirmatory phase 3b clinical trial at the IASLC World Conference on Lung Cancer in September.

Subsequently, the final data from the trial were presented at the European Lung Cancer Congress on 20 March.

Noteworthy outcomes from the phase 3b trial included an objective response rate (ORR) of 62.1% and 39.2% in treatment-naïve and previously-treated patients, respectively, along with favourable disease control rates and median durations of response.

Moreover, the safety profile of savolitinib was found to be tolerable, with no new safety signals observed.

The global licensing and collaboration agreement between AstraZeneca and Hutchmed, initiated in 2011, sees Hutchmed spearheading the drug's development in China, while AstraZeneca leads development efforts outside of China with responsibility for commercialisation worldwide.

At 1203 GMT, Hutchmed China shares were down 1.13% at 261.51p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

AFC Energy inks deal to supply fuel cells to Niftylift
(Sharecast News) - Hydrogen power generation technology developer AFC Energy announced an agreement to supply its S Series fuel cell modules to Niftylift UK on Monday.
WH Ireland in talks with Zeus Capital about sale of capital markets arm
(Sharecast News) - Financial adviser WH Ireland confirmed on Monday that it is talks with UK investment bank Zeus Capital about the potential sale of its capital markets division.
Kefi shares pop on official launch of Tulu Kapi
(Sharecast News) - Kefi Gold and Copper officially launched the Tulu Kapi Gold Mines (TKGM) project in Ethiopia on Monday.
Sajid Javid reportedly in talks to join Shein ahead of London IPO
(Sharecast News) - Singapore-based fast fashion retailer Shein has reportedly approached the former chancellor Sajid Javid about joining the company ahead of its rumoured listing on the London Stock Exchange.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.