STOCK TITAN

HUTCHMED Announces Japan Approval for FRUZAQLA® (fruquintinib) Received by Takeda

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

HUTCHMED announces that its partner Takeda has received approval from the Japanese Ministry of Health, Labour and Welfare to manufacture and market FRUZAQLA® (fruquintinib) for previously treated metastatic colorectal cancer (CRC). FRUZAQLA® is the first novel targeted therapy approved in Japan for metastatic CRC, regardless of biomarker status, in over a decade.

CRC is the most prevalent cancer in Japan, with an estimated 161,000 new cases and 54,000 deaths in 2023. The approval was based on results from the global Phase III FRESCO-2 trial. Fruquintinib is already approved in several regions including the United States, Europe, and China.

Takeda has the exclusive worldwide license to develop, commercialize, and manufacture fruquintinib outside of mainland China, Hong Kong, and Macau. FRUZAQLA® was approved in the US in November 2023 and in Europe in June 2024.

HUTCHMED annuncia che il suo partner Takeda ha ricevuto approvazione dal Ministero della Salute, del Lavoro e del Benessere giapponese per produrre e commercializzare FRUZAQLA® (fruquintinib) per il cancro colorettale metastatico (CRC) precedentemente trattato. FRUZAQLA® è la prima terapia mirata innovativa approvata in Giappone per il CRC metastatico, indipendentemente dallo stato dei biomarker, dopo oltre un decennio.

Il CRC è il cancro più prevalente in Giappone, con una stima di 161.000 nuovi casi e 54.000 decessi nel 2023. L'approvazione si basa sui risultati della sperimentazione globale di Fase III FRESCO-2. Fruquintinib è già approvato in diverse regioni tra cui Stati Uniti, Europa e Cina.

Takeda detiene la licenza esclusiva mondiale per sviluppare, commercializzare e produrre fruquintinib al di fuori della Cina continentale, di Hong Kong e di Macao. FRUZAQLA® è stata approvata negli Stati Uniti nel novembre 2023 e in Europa nel giugno 2024.

HUTCHMED anuncia que su socio Takeda ha recibido la aprobación del Ministerio de Salud, Trabajo y Bienestar de Japón para fabricar y comercializar FRUZAQLA® (fruquintinib) para el cáncer colorrectal metastásico (CRC) previamente tratado. FRUZAQLA® es la primera terapia innovadora dirigida aprobada en Japón para CRC metastásico, independientemente del estado de biomarcadores, en más de una década.

El CRC es el cáncer más prevalente en Japón, con un estimado de 161,000 nuevos casos y 54,000 muertes en 2023. La aprobación se basó en los resultados del ensayo global de Fase III FRESCO-2. Fruquintinib ya está aprobado en varias regiones, incluidas los Estados Unidos, Europa y China.

Takeda tiene la licencia mundial exclusiva para desarrollar, comercializar y fabricar fruquintinib fuera de la China continental, Hong Kong y Macao. FRUZAQLA® fue aprobada en los EE. UU. en noviembre de 2023 y en Europa en junio de 2024.

HUTCHMED는 파트너 Takeda가 일본 후생노동성으로부터 이전에 치료받은 전이성 대장암(CRC)에 대해 FRUZAQLA® (fruquintinib)를 제조하고 판매할 수 있는 승인을 받았다고 발표했습니다. FRUZAQLA®는 최근 10년간 바이오마커 상태에 관계없이 일본에서 승인된 전이성 CRC에 대한 첫번째 혁신적 표적 치료제입니다.

CRC는 일본에서 가장 흔한 암으로, 2023년에는 약 161,000명의 신규 환자와 54,000명의 사망자가 발생할 것으로 추정됩니다. 이번 승인은 글로벌 3상 FRESCO-2 시험의 결과를 근거로 하였습니다. Fruquintinib는 이미 미국, 유럽, 중국을 포함한 여러 지역에서 승인되었습니다.

Takeda는 본토 중국, 홍콩 및 마카오를 제외한 지역에서 fruquintinib을 개발, 상용화 및 제조할 수 있는 독점 글로벌 라이센스를 보유하고 있습니다. FRUZAQLA®는 2023년 11월에 미국과 2024년 6월에 유럽에서 승인되었습니다.

HUTCHMED annonce que son partenaire Takeda a obtenu l'approbation du ministère japonais de la Santé, du Travail et du Bien-être pour fabriquer et commercialiser FRUZAQLA® (fruquintinib) pour le cancer colorectal métastatique (CRC) précédemment traité. FRUZAQLA® est la première thérapie ciblée novatrice approuvée au Japon pour le CRC métastatique, quelle que soit la situation des biomarqueurs, depuis plus d'une décennie.

Le CRC est le cancer le plus fréquent au Japon, avec environ 161 000 nouveaux cas et 54 000 décès prévus en 2023. L'approbation a été basée sur les résultats de l'essai mondial de phase III FRESCO-2. Le fruquintinib est déjà approuvé dans plusieurs régions, y compris les États-Unis, l'Europe et la Chine.

Takeda détient la licence mondiale exclusive pour développer, commercialiser et fabriquer le fruquintinib en dehors de la Chine continentale, de Hong Kong et de Macao. FRUZAQLA® a été approuvé aux États-Unis en novembre 2023 et en Europe en juin 2024.

HUTCHMED gibt bekannt, dass ihr Partner Takeda die Genehmigung des japanischen Ministeriums für Gesundheit, Arbeit und Wohlfahrt erhalten hat, um FRUZAQLA® (fruquintinib) für zuvor behandelten metastasierten kolorektalen Krebs (CRC) herzustellen und zu vermarkten. FRUZAQLA® ist die erste neuartige zielgerichtete Therapie, die in Japan für metastasierten CRC unabhängig vom Biomarkerstatus seit über einem Jahrzehnt zugelassen wurde.

CRC ist die häufigste Krebsart in Japan, mit geschätzten 161.000 neuen Fällen und 54.000 Todesfällen im Jahr 2023. Die Genehmigung basierte auf den Ergebnissen der globalen Phase-III-Studie FRESCO-2. Fruquintinib ist bereits in mehreren Regionen, darunter die USA, Europa und China, zugelassen.

Takeda hat die exklusive weltweite Lizenz zur Entwicklung, Vermarktung und Herstellung von fruquintinib außerhalb des Festlandchinas, Hongkongs und Macaus. FRUZAQLA® wurde im November 2023 in den USA und im Juni 2024 in Europa genehmigt.

Positive
  • FRUZAQLA® (fruquintinib) received approval in Japan for previously treated metastatic colorectal cancer
  • First novel targeted therapy approved in Japan for metastatic CRC in over a decade
  • Expands market reach for FRUZAQLA®, now approved in US, Europe, China, and Japan
  • Addresses a significant market with 161,000 new CRC cases in Japan annually
Negative
  • None.

Insights

The approval of FRUZAQLA® (fruquintinib) in Japan marks a significant milestone in the treatment of metastatic colorectal cancer (CRC). This is the first novel targeted therapy approved for CRC in Japan in over a decade, regardless of biomarker status. The approval is based on the robust global Phase III FRESCO-2 trial, which demonstrated meaningful clinical benefits.

Key points to consider:

  • CRC is the most prevalent cancer in Japan, with an estimated 161,000 new cases and 54,000 deaths in 2023.
  • FRUZAQLA® is approved for advanced or recurrent CRC that has progressed after chemotherapy, offering a new option for patients with alternatives.
  • The global approval status (US, Europe, China and now Japan) underscores the drug's potential and the strength of its clinical data.

For investors, this approval opens up a significant market opportunity in Japan, potentially driving revenue growth for HUTCHMED and its partner Takeda. The unmet medical need and FRUZAQLA®'s unique position as a novel therapy could lead to rapid adoption in clinical practice.

The approval of FRUZAQLA® in Japan presents a substantial market opportunity for HUTCHMED and Takeda. Consider these factors:

  • Japan's pharmaceutical market is the third-largest globally, valued at approximately $94 billion in 2023.
  • With CRC being the most prevalent cancer in Japan, FRUZAQLA® addresses a large patient population.
  • Takeda's established leadership in metastatic CRC treatment in Japan positions them well for successful commercialization.
  • The approval across multiple major markets (US, Europe, China, Japan) may lead to economies of scale in manufacturing and marketing.

Investors should monitor the launch and uptake of FRUZAQLA® in Japan, as well as potential inclusion in treatment guidelines. The drug's performance could significantly impact HUTCHMED's revenue and market position, especially given its current market cap of $2.98 billion. This approval could be a catalyst for stock price movement and increased investor interest in the company's oncology pipeline.

— Approval based on results from global Phase III FRESCO-2 trial in patients with previously treated metastatic colorectal cancer —

— Fruquintinib already approved in several regions including the United States, Europe and China —

HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Sept. 24, 2024 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:​HCM; HKEX:​13) today announces that its partner Takeda (TSE:​4502/​NYSE:​TAK) has received approval from the Japanese Ministry of Health, Labour and Welfare (“MHLW”) to manufacture and market FRUZAQLA® (fruquintinib) for previously treated metastatic colorectal cancer (“CRC”). FRUZAQLA® is the first novel targeted therapy in Japan to be approved for metastatic CRC, regardless of biomarker status, in over a decade. CRC is the most prevalent type of cancer in Japan, with an estimated 161,000 new cases and 54,000 deaths in 2023, according to the National Cancer Center’s statistics.1

FRUZAQLA® has been approved for the treatment of advanced or recurrent CRC that is neither curable nor resectable and that has progressed after chemotherapy.

“Takeda has now obtained approval in Japan for FRUZAQLA®, demonstrating the strength of our global data package and the potential of this novel medicine to provide a much-needed treatment option to patients with metastatic CRC,” said Dr Weiguo Su, Chief Executive Officer and Chief Scientific Officer of HUTCHMED. “Takeda has been a leader in metastatic CRC treatment in Japan for over a decade and we are confident that it is well placed to bring FRUZAQLA® to patients in Japan.”

Dr. Takayuki Yoshino, Deputy Director of Hospital, Head, Division for the Promotion of Drug and Diagnostic Development, and Chief, Department of Gastrointestinal Oncology, National Cancer Center Hospital East, Kashiwa, Japan, added: “The approval of FRUZAQLA® in Japan is significant news for patients with metastatic colorectal cancer, who have long needed additional effective treatment options. The global FRESCO-2 study demonstrated the impact that this treatment can have on patients in the clinic. The increasing availability of screening and effective therapies in Japan has been driving patient outcomes in colorectal cancer, and we hope the introduction of FRUZAQLA® will offer new hope to those with the condition.”

The approval by the Japanese MHLW was primarily based on results from the Phase III FRESCO-2 trial conducted in the US, Europe, Japan and Australia. Data from FRESCO-2 were published in The Lancet in June 2023. Takeda has the exclusive worldwide license to further develop, commercialize, and manufacture fruquintinib outside of mainland China, Hong Kong and Macau. FRUZAQLA® was approved in the US in November 2023 and in Europe in June 2024.

About CRC

CRC is a cancer that starts in either the colon or rectum. According to the International Agency for Research on Cancer/World Health Organization, CRC is the third most prevalent cancer worldwide, associated with more than 1.9 million new cases and 900,000 deaths in 2022. In Japan, CRC was the most common cancer, with an estimated 146,000 new cases and 60,000 deaths, in 2022.2 In Europe, CRC was the second most common cancer in 2022, with approximately 538,000 new cases and 248,000 deaths.2,3 In the US, it is estimated that 153,000 patients will be diagnosed with CRC and 53,000 deaths from the disease will occur in 2024.4 Although early-stage CRC can be surgically resected, metastatic CRC remains an area of high unmet need with poor outcomes and limited treatment options. Some patients with metastatic CRC may benefit from personalized therapeutic strategies based on molecular characteristics; however, most patients have tumors that do not harbor actionable mutations.5,6,7,8,9

About the Phase III FRESCO-2 Trial

FRESCO-2 is a multiregional clinical trial conducted in the US, Europe, Japan and Australia investigating fruquintinib plus best supportive care (“BSC”) versus placebo plus BSC in patients with previously treated metastatic CRC (NCT04322539). FRESCO-2 met all of its primary and key secondary endpoints, demonstrating statistically significant and clinically meaningful improvement in overall survival (OS) and progression-free survival (PFS), with consistent benefit among patients treated with fruquintinib, regardless of the prior types of therapies they received. Fruquintinib demonstrated a manageable safety profile in FRESCO-2, consistent with previously reported fruquintinib monotherapy studies. Adverse reactions leading to treatment discontinuation occurred in 20% of patients treated with fruquintinib plus BSC versus 21% of those treated with placebo plus BSC. Results from the study were presented at the European Society for Medical Oncology Congress (ESMO) in September 2022 and subsequently published in The Lancet in June 2023.10,11

About Takeda and FRUZAQLA®

Takeda has the exclusive worldwide license to further develop, commercialize, and manufacture fruquintinib outside of mainland China, Hong Kong and Macau, and markets under the brand name FRUZAQLA®. FRUZAQLA® received approval in the US in November 2023, in the EU in June 2024, in Switzerland in August 2024 and in Canada, Japan and the United Kingdom in September 2024. The US approval was based on data from two large, randomized, controlled Phase III trials, the multi-regional FRESCO-2 trial and the FRESCO trial conducted in China, showing consistent benefit among a total of 734 patients treated with fruquintinib. Safety profiles were consistent across trials. Regulatory applications are progressing in many other jurisdictions.

About Fruquintinib Approval in China

Fruquintinib is approved for marketing in mainland China, Hong Kong and Macau, where it is co-marketed by HUTCHMED and Eli Lilly and Company under the brand name ELUNATE®. It was included in the China National Reimbursement Drug List (NRDL) in January 2020. The approvals were based on data from the FRESCO study, a Phase III pivotal registration trial of fruquintinib in 416 patients with metastatic colorectal cancer in China, which were published in The Journal of the American Medical Association, JAMA. Since its launch in China, over 100,000 patients with colorectal cancer have been treated with fruquintinib.

About Fruquintinib

Fruquintinib is a selective oral inhibitor of all three VEGF receptors (VEGFR-1, -2 and -3). VEGFR inhibitors play a pivotal role in inhibiting tumor angiogenesis. Fruquintinib was designed to have enhanced selectivity that limits off-target kinase activity, allowing for drug exposure that achieves sustained target inhibition and flexibility for potential use as part of a combination therapy. Fruquintinib has demonstrated a manageable safety profile and is being investigated in combinations with other anti-cancer therapies.

JAPAN IMPORTANT SAFETY INFORMATION

Please consult the FRUZAQLA (fruquintinib) Japan package insert (J-PI) before prescribing.

WARNING: FRUZAQLA should be administered only to patients for whom the use of FRUZAQLA is considered appropriate under the supervision of a physician with sufficient knowledge of and experience in cancer chemotherapy at a medical institution where adequate emergency care can be provided. Prior to treatment initiation, the efficacy and risks should be fully explained to the patient and/or his/her family and informed consent should be obtained; Severe gastrointestinal hemorrhage, including fatal cases, has been reported. Patients should be carefully monitored, and if any abnormalities are observed, administration of FRUZAQLA should be withheld and appropriate measures should be taken. If severe hemorrhage occurs, FRUZAQLA should not be re-administered; Gastrointestinal perforation has been reported with some fatal cases. Patients should be carefully monitored, and if any abnormalities are observed, administration of FRUZAQLA should be withheld and appropriate measures should be taken. If gastrointestinal perforation occurs, FRUZAQLA should not be re-administered.

CONTRAINDICATIONS: Patients with a history of hypersensitivity to any of the ingredients of FRUZAQLA.

IMPORTANT PRECAUTIONS: Hypertension, including hypertensive crisis, may occur. Blood pressure should be measured prior to the initiation of FRUZAQLA treatment and periodically during this treatment; Proteinuria may occur. Urinary protein should be monitored prior to the initiation of FRUZAQLA treatment and periodically during this treatment; If a surgical procedure is to be performed, patients are recommended to withhold FRUZAQLA before the surgery because wound healing may be delayed. Treatment resumption after the surgical procedure should be determined depending on the patient's condition upon confirmation of adequate wound healing.

PRECAUTIONS CONCERNING PATIENTS WITH SPECIFIC BACKGROUNDS: Patients with hypertension: Hypertension may worsen; Patients with bleeding diathesis or abnormal coagulation system: Hemorrhagic events may occur; Patients with hemorrhage such as gastrointestinal hemorrhage: Hemorrhage may be enhanced; Patients with a complication of intra-abdominal inflammation in the gastrointestinal tract, etc.: Gastrointestinal perforation may occur; Patients with current or a history of thromboembolism: Transient ischaemic attack, thrombotic microangiopathy, pulmonary embolism, portal vein thrombosis, deep vein thrombosis, etc. may occur; Patients with severe hepatic impairment (Child-Pugh Class C): Since FRUZAQLA is metabolized mainly in the liver, blood concentrations may be increased. There have been no clinical studies conducted in patients with severe hepatic impairment; Patients with Reproductive Potential: Women of childbearing potential should be advised to use adequate contraception during treatment with FRUZAQLA and for 2 weeks after the last dose; Pregnant Women: FRUZAQLA can be administered to women who are or may be pregnant only if the expected therapeutic benefits outweigh the possible risks associated with this treatment. In a rat embryo-fetal toxicity study, fetal abnormalities and teratogenic effects consisting of fetal external, visceral, and skeletal malformations and visceral and skeletal variations were observed at exposure levels approximately 0.05 times the exposure level (AUC) of FRUZAQLA at the maximum clinical dose (5 mg/day); Breast-feeding Women: It is advisable not to breastfeed. FRUZAQLA may pass into breast milk, and infants may experience serious adverse reactions if they are ingested through breast milk; Pediatric Use: There have been no clinical studies conducted in pediatric patients.

ADVERSE REACTIONS:

Any of the adverse reactions listed below may occur. Patients should be closely monitored, and if any such abnormalities are observed, appropriate measures should be taken, including treatment discontinuation. Clinically Significant Adverse Reactions are follows.

Hypertension: Hypertension or hypertensive crisis may occur. If an increase in blood pressure is observed, appropriate treatment such as antihypertensive drug administration should be given as necessary, and if necessary, the dose of fruquintinib should be reduced, or fruquintinib administration should be interrupted. If severe or persistent hypertension, or hypertension that cannot be controlled by routine antihypertensive therapy occurs or if a hypertensive crisis occurs, fruquintinib administration should be discontinued; Skin disorder: Skin disorder including palmar-plantar erythrodysesthesia syndrome and rash may occur; Hemorrhage: Hemorrhage including epistaxis, hematuria, gastrointestinal hemorrhage and hemoptysis may occur. Fatal outcomes have been reported; Gastrointestinal perforation: Fatal outcomes have been reported; Arterial thromboembolic events: Arterial thromboembolic events including transient ischemic attack and thrombotic microangiopathy may occur; Venous thromboembolism events: Venous thromboembolism such as pulmonary embolism, portal vein thrombosis, and deep vein thrombosis may occur; Posterior reversible encephalopathy syndrome: If headaches, convulsions, lethargy, confusion, changes in mental function, blindness or other visual disturbances, or neurological impairment are observed, fruquintinib administration should be discontinued, and appropriate measures should be taken, including blood pressure control; Arterial dissection: Arterial dissection including aortic dissection may occur.

For US Prescribing Information:
https://www.fruzaqla.com/sites/default/files/resources/fruzaqla-prescribing-information.pdf

For European Union Summary of Product Characteristics:
https://www.ema.europa.eu/en/medicines/human/EPAR/fruzaqla

About HUTCHMED

HUTCHMED (Nasdaq/AIM:​HCM; HKEX:​13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has approximately 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology/​immunology. Since inception it has focused on bringing cancer drug candidates from in-house discovery to patients around the world, with its first three medicines marketed in China, the first of which is also marketed in the US and Europe. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED’s current expectations regarding future events, including its expectations regarding the therapeutic potential of fruquintinib for the treatment of such patients with CRC and the further clinical development of fruquintinib in this and other indications. Forward-looking statements involve risks and uncertainties. Such risks and uncertainties include, among other things, assumptions regarding the sufficiency of clinical data to support approval of fruquintinib for the treatment of patients with CRC or other indications in other jurisdictions such as Japan, its potential to gain approvals from regulatory authorities, the safety profile of fruquintinib, HUTCHMED and/or Takeda’s ability to fund, implement and complete its further clinical development and commercialization plans for fruquintinib, the timing of these events, each party’s ability to satisfy the terms and conditions under the license agreement; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials or the regulatory pathway for fruquintinib; and Takeda’s ability to successfully develop and commercialize fruquintinib. In addition, as certain studies rely on the use of other drug products as combination therapeutics with fruquintinib, such risks and uncertainties include assumptions regarding the safety, efficacy, supply and continued regulatory approval of these therapeutics. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see HUTCHMED’s filings with the US Securities and Exchange Commission, on AIM and on The Stock Exchange of Hong Kong Limited. HUTCHMED undertakes no obligation to update or revise the information contained in this announcement, whether as a result of new information, future events or circumstances or otherwise.

Medical Information

This announcement contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

Inside Information

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018).

CONTACTS

Investor Enquiries+852 2121 8200 / ir@hutch-med.com
  
Media Enquiries 
Ben Atwell / Alex Shaw, FTI Consulting+44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile) / HUTCHMED@fticonsulting.com
Zhou Yi, Brunswick+852 9783 6894 (Mobile) / HUTCHMED@brunswickgroup.com
  
Nominated Advisor 
Atholl Tweedie / Freddy Crossley / Rupert Dearden, Panmure Liberum+44 (20) 7886 2500

____________________________

1 Foundation for Promotion of Cancer Research. Cancer Statistics In Japan. Tokyo, Foundation for Promotion of Cancer Research; 2023.
2 Bray F, et al. Global cancer statistics 2022: GLOBOCAN estimates of incidence and mortality worldwide for 36 cancers in 185 Countries. CA Cancer J Clin. 2024;74(3):229-263. doi:10.3322/caac.21834.
Ferlay J, et al. Global Cancer Observatory: Cancer Today. Lyon, France: International Agency for Research on Cancer. Available from: https://gco.iarc.who.int/today, accessed 12 June 2024.
4  American Cancer Society. Cancer Facts & Figures 2024. Atlanta, American Cancer Society; 2024.
Bando H, et al. Therapeutic landscape and future direction of metastatic colorectal cancer. Nat Rev Gastroenterol Hepatol 2023; 20(5)306-322. doi:10.1038/s41575-022-00736-1.
6 D'Haene N, et al. Clinical application of targeted next-generation sequencing for colorectal cancer patients: a multicentric Belgian experience. Oncotarget. 2018;9(29):20761-20768. Published 2018 Apr 17. doi:10.18632/oncotarget.25099.
7 Venderbosch S, et al. Mismatch repair status and BRAF mutation status in metastatic colorectal cancer patients: A pooled analysis of the CAIRO, CAIRO2, COIN, and FOCUS Studies. Clinical Cancer Res. 2014; 20(20):5322–5330. doi:10.1158/1078-0432.ccr-14-0332.
Koopman M, et al. Deficient mismatch repair system in patients with sporadic advanced colorectal cancer. Br J Cancer. 2009;100(2), 266–273. doi:10.1038/sj.bjc.6604867.
9 Ahcene Djaballah S, et al. HER2 in Colorectal Cancer: The Long and Winding Road From Negative Predictive Factor to Positive Actionable Target. Am Soc Clin Oncol Educ Book. 2022;42:1-14. doi:10.1200/EDBK_351354.
10 Dasari NA, et al. LBA25 – FRESCO-2: A global Phase III multiregional clinical trial (MRCT) evaluating the efficacy and safety of fruquintinib in patients with refractory metastatic colorectal cancer. Ann Oncol. 2022 Sep;33(suppl_7): S808-S869. doi:10.1016/annonc/annonc1089.
11 Dasari NA, et al. Fruquintinib versus placebo in patients with refractory metastatic colorectal cancer (FRESCO-2): an international, multicentre, randomised, double-blind, Phase III study. Lancet. 2023;402(10395):41-53. doi:10.1016/S0140-6736(23)00772-9.


FAQ

What is the significance of FRUZAQLA® (fruquintinib) approval in Japan for HUTCHMED (HCM)?

The approval of FRUZAQLA® in Japan is significant for HUTCHMED (HCM) as it expands the drug's market reach and represents the first novel targeted therapy approved for metastatic colorectal cancer in Japan in over a decade, potentially increasing revenue opportunities for the company.

When was FRUZAQLA® (fruquintinib) approved in the United States and Europe for HUTCHMED (HCM)?

According to the press release, FRUZAQLA® (fruquintinib) was approved in the United States in November 2023 and in Europe in June 2024 for HUTCHMED (HCM).

What is the prevalence of colorectal cancer in Japan, as mentioned in the HUTCHMED (HCM) press release?

The press release states that colorectal cancer is the most prevalent type of cancer in Japan, with an estimated 161,000 new cases and 54,000 deaths in 2023, according to the National Cancer Center's statistics.

Which company has the exclusive worldwide license for FRUZAQLA® (fruquintinib) outside of mainland China, Hong Kong, and Macau for HUTCHMED (HCM)?

According to the press release, Takeda has the exclusive worldwide license to further develop, commercialize, and manufacture fruquintinib outside of mainland China, Hong Kong, and Macau for HUTCHMED (HCM).

HUTCHMED (China) Limited American Depositary Shares

NASDAQ:HCM

HCM Rankings

HCM Latest News

HCM Stock Data

2.48B
174.10M
0.13%
4.29%
0.31%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Hong Kong