HUTCHMED's Savolitinib Granted Breakthrough Therapy Designation In China For Gastric Cancer Treatment
Portfolio Pulse from Benzinga Newsdesk
HUTCHMED's drug Savolitinib has been granted Breakthrough Therapy Designation in China for the treatment of gastric cancer. This could potentially accelerate the drug's development and review process.
August 29, 2023 | 6:13 am
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HUTCHMED's Savolitinib has been granted Breakthrough Therapy Designation in China. This could potentially speed up the drug's development and review process, potentially leading to earlier revenue generation.
The Breakthrough Therapy Designation is expected to accelerate the development and review process of Savolitinib. This could potentially lead to earlier market entry and revenue generation for HUTCHMED, which would likely have a positive impact on its stock price.
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