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HUTCHMED Expands Drug Coverage in China’s National and Commercial Insurance Lists

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HUTCHMED Expands Drug Coverage in China’s National and Commercial Insurance Lists

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HUTCHMED (China) ( (HK:0013) ) has shared an update.

HUTCHMED (China) Limited has announced the renewal of its contract with the China National Healthcare Security Administration, ensuring continued inclusion of its drugs ELUNATE®, ORPATHYS®, and SULANDA® in the National Reimbursement Drug List (NRDL) effective January 2023. Additionally, TAZVERIK® has been added to the first edition of the National Commercial Health Insurance Innovative Drug List, which is part of China’s multi-level medical insurance system. This development enhances patient access to innovative treatments and supports the sustainable growth of China’s pharmaceutical sector.

The most recent analyst rating on (HK:0013) stock is a Hold with a HK$22.00 price target. To see the full list of analyst forecasts on HUTCHMED (China) stock, see the HK:0013 Stock Forecast page.

More about HUTCHMED (China)

HUTCHMED (China) Limited is an innovative, commercial-stage biopharmaceutical company focused on the discovery, development, and commercialization of targeted therapies and immunotherapies for cancer and immunological diseases. The company has successfully marketed its first three medicines in China, with one also approved globally, including in the US, Europe, and Japan.

YTD Price Performance: -2.44%

Average Trading Volume: 6,305,522

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$19.19B

For detailed information about 0013 stock, go to TipRanks’ Stock Analysis page.

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