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IN BRIEF: Hutchison China Lands "Milestone" China Drug Green Light

Wed, 30th Dec 2020 22:05

Hutchison China Meditech Ltd - China-based biopharmaceutical company - Says surufatinib granted approval for drug registration by the National Medical Products Administration of China to treat non-pancreatic neuroendocrine tumours. Drug will be marketed as Sulanda. "We are very pleased to have achieved this major milestone for Chi-Med. The approval of surufatinib, our first un-partnered oncology drug, is a strong testament to our in-house research and development capability," Chief Executive Officer Christian Hogg says.

Current stock price: 433.00 pence

Year-to-date change: up 12%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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