Aiming to become profitable in 2025, HUTCHMED (China) Limited is likely to move away from running costly late-stage international clinical trials by itself, primarily in the US, and is instead seeking partnerships to advance three molecules into the clinic outside of China, company executives said during the group's R&D Day on 9 July.
Key Takeaways
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HUTCHMED has initiated China-only Phase III or II/III clinical trials with three molecules, namely IDH 1 and IDH 2 dual inhibitor HMPL-306, Syk inhibitor sovleplenib and VEGFR/FGFR inhibitor surufatinib.
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Data from these trials will determine the company's next steps for the late-stage clinical development of the molecules outside of China
The new approach is mostly pronounced in the clinical development of its isocitrate dehydrogenase (IDH) 1 and IDH 2 dual inhibitor HMPL-306
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