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HUTCHMED Secures Milestone with Takeda Partnership
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HUTCHMED Secures Milestone with Takeda Partnership

HUTCHMED (China) Limited (HK:0013) has released an update.

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HUTCHMED (China) Limited has announced a significant milestone, receiving a $10 million payment from Takeda following the first European reimbursement for FRUZAQLA® (fruquintinib) in Spain. This approval marks a crucial step in expanding access to this innovative colorectal cancer treatment across Europe. The drug, already approved in several countries, is part of a strategic partnership with Takeda to address unmet needs in cancer therapy.

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