HUTCHMED Highlights Presentation of Results from the Phase IIIb Trial of Savolitinib at the 2023 World Conference of Lung Cancer
Portfolio Pulse from Benzinga Newsdesk
HUTCHMED (China) Limited (HCM) announced the results from the Phase IIIb clinical trial of savolitinib in patients with non-small cell lung cancer. The trial showed an objective response rate of 60.7% and a disease control rate of 95.2%. No new safety signals were observed.
September 12, 2023 | 8:41 am
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HUTCHMED's successful Phase IIIb trial results for savolitinib could potentially boost its market position and stock value.
Positive clinical trial results often lead to increased investor confidence, potentially driving up the stock price. The high response rate indicates that savolitinib could become a significant product for HUTCHMED, which could positively impact its revenues and profitability in the future.
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RELEVANCE 100