HUTCHMED shares are trading higher after the company announced that its NDA for Tazemetostat for the treatment of relapsed or refractory follicular lymphoma was accepted in China with Priority Review status.
Portfolio Pulse from Benzinga Newsdesk
HUTCHMED shares are trading higher after the company announced that its NDA for Tazemetostat for the treatment of relapsed or refractory follicular lymphoma was accepted in China with Priority Review status.
July 05, 2024 | 3:21 pm
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HUTCHMED's NDA for Tazemetostat for treating relapsed or refractory follicular lymphoma has been accepted in China with Priority Review status, leading to a rise in its share price.
The acceptance of the NDA with Priority Review status is a significant regulatory milestone, indicating a faster review process and potential earlier market entry. This positive development is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100