Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHutchmed Regulatory News (HCM)

Share Price Information for Hutchmed (HCM)

Share Price is delayed by 15 minutes
Get Live Data
161.50    -11.00 (-6.38%)
Bid:
158.50
Ask:
162.50
Spread: 4.00 (2.524%)
Market Cap: £1.39b
HCM Live PriceLast checked at - London Stock Exchange

Intraday Hutchmed Share Chart

Research Update

23 May 2007 07:00

Hutchison China Meditech Limited23 May 2007 Hutchison China MediTech Limited ("Chi-Med") (AIM: HCM) Chi-Med completes patient enrolment on its HMPL-004 ulcerative colitis proof-of-concept Phase II clinical trial in China On-track for publication of final results this August London, Wednesday, 23 May 2007: Chi-Med today announces its wholly-owned drug R&D subsidiary, Hutchison MediPharma Limited ("Hutchison MediPharma"), hascompleted patient enrolment on the proof-of-concept ("POC") Phase II clinicaltrial of its HMPL-004 drug candidate in active mild-to-moderate ulcerativecolitis ("UC") patients in China. Background on the POC Phase II clinical trial The POC Phase II clinical trial is a multi-center, randomized, double-blind,active controlled study of 120 patients. In the trial, one dose of HMPL-004(1,200mg daily) and active control Mesalazine SR were tested. The primary aimof the clinical trial is to compare HMPL-004 with the safety and efficacy ofcurrent standard therapy of Mesalazine SR in treating active mild-to-moderate UCpatients. Assessments include both a patient's UC clinical symptom score andthe change in the patient's endoscope grade from the start-point to theend-point of the eight-week treatment. The change in the symptom score is theprimary measure of efficacy for the clinical study. The endoscope grade changeis the secondary efficacy measurement. Safety evaluations are made throughoutthe clinical trial period. Dr. Samantha Du, Chief Scientific Officer of Chi-Med and Managing Director ofHutchison MediPharma, said: "We are excited that our HMPL-004 China trial has finished patient recruitment.The performance of HMPL-004 in this China POC Phase II clinical trial will giveus a clear picture of HMPL-004's future clinical development plan, and encouragethe US Crohn's disease ("CD") trial enrolment." Background on HMPL-004 HPML-004 is a traditional botanical extract used in Chinese medicine to treatinflammatory and infectious diseases. Inflammatory bowel disease ("IBD")including CD and UC are both considered auto-immune diseases. The patientpopulation with CD and UC in the US is estimated at between 650,000 and1,100,000 people with CAGR in the 4% range; the US market alone for CD and UCtherapies is expected to reach US$1.5 billion in 2012. Currently prescribedtherapeutics for IBD include steroids, anti-inflammatory drugs, antibiotics,immunosuppressive agents and cytokine inhibiting biologicals. These therapiesexhibit varying degrees of clinical benefit. However, they are often associatedwith unwanted side effects. Scientists at Hutchison MediPharma discovered and patented the novel biologicalactivities of HMPL-004 in suppressing inflammatory cytokine expression in-vitroand in-vivo, suggesting that HMPL-004 could provide safer and more effectivetherapy for IBD patients. HMPL-004 inhibits TNF-alpha and IL-1betaproduction in cell-based assays. In addition, HMPL-004 was shown to inhibit NF-kB activation. NF-kB is a family of transcriptional factors thatregulate a wide spectrum of genes critically involved in host defense andinflammation. A large number of studies have demonstrated that agents blockinginflammatory cytokines, including TNF-alpha and IL-1beta, and thoseinhibiting NF-kB activation can significantly suppress inflammatory response. A further POC Phase II clinical trial on HMPL-004 is currently being conductedin the US to treat CD. Patient enrolment is ongoing and the clinical trial isexpected to complete in 2008. Mr. Christian Hogg, CEO of Chi-Med, said: "The HMPL-004 POC Phase II clinical trial is the first that Chi-Med will reportas a listed company and it should be noted that this trial is on time and hasbeen delivered at lower than expected cost. We are engaged in out licensingdiscussions on HMPL-004 and are hopeful that our UC and CD trials will combineto provide us maximum value." Ends Enquiries Chi-Med Telephone: +852 2121 8200Christian Hogg, CEO Citigate Dewe Rogerson Telephone: +44 (0) 20 7638 9571 Anthony Carlisle +44 (0) 7973 611 888Yvonne Alexander +44 (0) 7866 610 682 Notes to Editors Chi-Med is the holding company of a pharmaceutical and healthcare group basedprimarily in China and was admitted to trading on the Alternative InvestmentMarket of the London Stock Exchange in May 2006. Chi-Med is focused onresearching, developing, manufacturing, and selling pharmaceuticals, healthsupplements and other consumer health and personal care products derived fromTraditional Chinese Medicine and botanical ingredients. Hutchison MediPharma is Chi-Med's wholly-owned drug research and developmentcompany and has a team of around 120 scientists and staff focusing on botanicaldrugs, semi-synthetic natural product drugs, and synthetic single chemicalentity drugs. It currently has two candidates in clinical development in boththe US and China. HMPL-002, a radiosensitiser for head and neck and non-smallcell lung cancer, is in Phase I/II in the US and in proof-of-concept in China.HMPL-004, an inhibitor to a group of inflammatory cytokines, for treatment ofinflammatory bowel diseases, including Crohn's Disease and Ulcerative Colitis,is in Phase II in the US and in proof-of-concept in China. Hutchison MediPharmaalso has a pipeline of single molecular entity discovery projects in theauto-immune/inflammatory diseases and oncology therapeutic areas which haveshown activity against clinically validated targets. Chi-Med is majority owned by Hutchison Whampoa Limited, an internationalcorporation listed on the Main Board of The Stock Exchange of Hong Kong Limited. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
28th Apr 20171:40 pmRNSTotal Voting Rights
27th Apr 20172:10 pmRNSResults of Annual General Meeting
7th Apr 20177:00 amRNSPre-clinical Data Presented at AACR
31st Mar 20177:00 amRNSTotal Voting Rights
29th Mar 20178:07 amRNSVesting of LTIP awards
28th Mar 201711:00 amRNSGrant of Share Options under Share Option Scheme
27th Mar 20177:00 amRNS2016 Annual Report and Notice of AGM
24th Mar 20177:00 amRNSAppointment of Director
21st Mar 201710:08 amRNSChi-Med to host R&D Briefings
20th Mar 20178:04 amRNSDirectors' Share Dealing
16th Mar 201711:25 amRNSGrant of Awards under Long Term Incentive Plan
13th Mar 20177:00 amRNSPublication of Form 20-F
13th Mar 20177:00 amRNSFinal Results
10th Mar 20178:11 amRNSSulfatinib Phase Ib/II Results Presented at ENETS
10th Mar 20177:18 amRNSSulfatinib Phase Ib/II Results Presented at ENETS
7th Mar 201711:49 amEQSEdison issues update on Hutchison China Meditech (HCM)
3rd Mar 20177:00 amRNSPositive Fruquintinib Pivotal Phase III Results
28th Feb 201710:20 amRNSChange of Directors
20th Feb 20177:00 amRNSStart of Phase II Savolitinib PSC trial in China
14th Feb 20177:07 amRNSInitiates Phase I of Novel FGFR Inhibitor HMPL-453
14th Feb 20177:00 amRNSSavolitinib PRCC Results Presentation at ASCO GU
6th Feb 20177:00 amRNSChi-Med to Announce 2016 Final Results
1st Feb 20177:00 amRNSChange of Directors
16th Jan 201710:48 amRNSChange of Directors
16th Jan 201710:11 amRNSChange of Directors
16th Jan 20177:30 amRNSFruquintinib Phase I/II Clinical Data at ASCO GI
16th Jan 20177:29 amRNSSulfatinib Phase II Study in 2nd Line BTC in China
16th Jan 20177:16 amRNSFruquintinib Combination Study in 1st-Line NSCLC
10th Jan 20177:00 amRNSChi-Med Initiates HMPL-523 Clinical Trials
30th Dec 20169:11 amRNSTotal Voting Rights
29th Dec 20167:40 amRNSBlocklisting Six Monthly Return
20th Dec 20167:18 amRNSDirector's Share Dealing
14th Dec 20167:14 amRNSDirector's Share Dealing
6th Dec 20167:00 amRNSHMPL-523 Pre-clinical Data Presented at ASH
30th Nov 20167:51 amRNSExercise of Share Options
30th Nov 20167:48 amRNSTotal Voting Rights
23rd Nov 20167:34 amRNSDirector's Share Dealing
23rd Nov 20167:30 amRNSChi-Med to Present Data at the 17th WCLC
23rd Nov 20167:08 amRNSChi-Med to Present Data at the at the 17th WCLC
14th Nov 20169:06 amRNSChi-Med Presents Ph I Clinical Data for HMPL-523
1st Nov 20162:57 pmRNSDirector's Share Dealing
31st Oct 20167:00 amRNSJoint Venture - US$59.5m Land Compensation Payment
12th Oct 20167:00 amRNSDirector's Share Dealing
9th Aug 20168:07 amRNSDirector's Share Dealing
2nd Aug 20168:18 amRNSChange of Non-executive Directors
2nd Aug 20167:00 amRNSChi-Med 2016 Interim Results
1st Aug 20167:21 amRNSChi-Med and AstraZeneca to Accelerate Savolitinib
5th Jul 20167:00 amRNSChi-Med to Announce 2016 HY Financial Results
29th Jun 20167:00 amRNSBlocklisting Six Monthly Return
20th Jun 20167:00 amRNSSavolitinib Global Phase II Trial Initiated

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.