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IN BRIEF: Hutchison China Gets US FDA Fast Track For Cancer Drug

Thu, 18th Jun 2020 16:46

Hutchison China MediTech Ltd - Hong Kong -based biopharmaceutical company - Gets Fast Track Designation from US Food & Drug Administration for the development of fruquintinib, for the treatment of patients with metastatic colorectal cancer. Initiating a Phase III registration study, known as the Fresco-2 study, in refractory metastatic colorectal cancer in the US, Europe and Japan. Study is expected to start enrolling patients in mid-2020.

Current stock price: 370.00 pence

Year-to-date change: down 7.5%

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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