HUTCHMED Nears EU Approval for Cancer Drug

Hutchmed (China) Limited (HCM) has released an update.

HUTCHMED’s partner Takeda has received a positive CHMP opinion for fruquintinib, a potential new metastatic colorectal cancer treatment in the EU, marking a significant step towards marketing authorization. This recommendation is based on the FRESCO-2 Phase III clinical trial results and, if approved, fruquintinib will be the first novel targeted therapy for this condition in the EU in over a decade. Fruquintinib, having shown a profound impact on patients in China and the U.S., now awaits the European Commission’s final decision.

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