HCM News

– Collaboration to explore multiple solid tumor cancer indications – – Initial development focused on multi-cohort trials in the U.S., Europe, China.

LONDON, March 31, 2020 -- Hutchison China MediTech Limited (“Chi-Med”) (Nasdaq/AIM: HCM) has initiated a Phase II study of HMPL-453, its novel small molecule inhibitor.

LONDON, May 14, 2020 -- Hutchison China MediTech Limited (“Chi-Med”) (Nasdaq/AIM: HCM) today announces that new and updated analyses on the ongoing studies of savolitinib,.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Here's a roundup of top developments in the biotech space over the last 24 hours:Scaling The Peaks (Biotech stocks that hit 52-week highs April 16.) * Abbott Laboratories (NYSE: ABT) (reacted to first-quarter results and an announcement concerning development of a third rapid COVID-19 screening test) * Bio-Rad Laboratories, Inc. Class A Common Stock (NYSE: BIO) * Chembio Diagnostics Inc (NASDAQ: CEMI) * DexCom, Inc. (NASDAQ: DXCM) * Dr.Reddy's Laboratories Ltd (NYSE: RDY) * Eli Lilly And Co (NYSE: LLY) * Immunovant Inc (NASDAQ: IMVT) * Masimo Corporation (NASDAQ: MASI) * Moderna Inc (NASDAQ: MRNA) * Novavax, Inc. (NASDAQ: NVAX) (its Australian developmental partner said COVID-19 vaccine human testing will begin in the coming weeks) * OraSure Technologies, Inc. (NASDAQ: OSUR) * Pulmatrix Inc (NASDAQ: PULM) (granted Sensory Cloud license to its PUR 003 and PUR 006) * Regeneron Pharmaceuticals Inc (NASDAQ: REGN) (announced FDA acceptance of BLA for REGN-EB3, a triple antibody cocktail treatment for Ebola virus infection, with Priority Review designation) * Seattle Genetics, Inc. (NASDAQ: SGEN) * Thermogenesis Holdings Inc (NASDAQ: THMO) (announced FDA concurrence that its COVID-19 antibody blood test has been properly validated and can now be distributed)Down In The Dumps (Biotech stocks that hit 52-week lows April 16) * AxoGen, Inc Common Stock (NASDAQ: AXGN) * Celcuity Inc (NASDAQ: CELC)Stocks In Focus Moderna Obtains $483M In BARDA Funding For COVID-19 Vaccine Research Moderna said the Biomedical Advanced Research and Development Authority, or BARDA, has committed up to $483 million in funding to accelerate the development of its mRNA vaccine against the novel coronavirus -- SARS-CoV-19. The agreement provides for BARDA releasing funds to get the candidate to the point of FDA licensing. Moderna also provided the likely timeline for the initiation of Phase 2 and 3 studies, with the midstage study to start in the second quarter and the late-stage study in fall 2020.The stock rallied 18.62% to $48.16 in Friday's premarket session. Gilead's Remdesivir Reportedly Found Effective In Phase 3 US Trials Gilead Sciences, Inc. (NASDAQ: GILD)'s remdesivir, which is being evaluated in clinical trials as a treatment option for SARS-CoV-2, was found to be effective, resulting in rapid recoveries in fever and respiratory symptoms, STAT reported, citing results from two Phase 3 clinical trials run by the University of Chicago Medicine.The institution's infectious disease specialist Kathleen Mullane, who is overseeing the studies in which 125 people were enrolled, reportedly said in a video discussion with her colleagues that most of the patients have already been discharged, with only two deaths occurring, STAT said.The stock was jumping 11.98% to $85.71 in premarket trading. Roche To Launch New Serology Test For SARS-CoV-2 Antibodies In May Roche Holdings AG Basel ADR Common Stock (OTC: RHHBY) announced the development and upcoming launch of its Elecsys Anti-SARS-CoV-2 serology test to detect antibodies in people who have been exposed to the virus."Antibody testing is central to help identify people who have been infected by the virus, especially those who may have been infected but did not display symptoms," the company said in the release.The company said it aims to have the antibody test available by early May in countries accepting the CE mark and is actively working with the FDA for an emergency use authorization. Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.See also: The Week Ahead In Biotech: Urogen FDA Decision, Amarin, J&J Earnings And More COVID-19 Updates Veracyte Expects Q1 Revenue Above Consensus Veracyte Inc (NASDAQ: VCYT) preannounced first-quarter results and said it expects revenue of $30.5 million to $31.5 million, up from $29.5 million in the year-ago quarter. Analysts estimate revenue of $30.35 million.The company also announced several measures to reduce costs amid the COVID-19 pandemic and withdrew its 2020 guidance.Chi-Med Neuroendocrine Tumor Drug Gets Fast Track Designations For 2 Indications HUTCHISON CHINA/S ADR (NASDAQ: HCM) said the FDA granted two Fast Track Designations for the development of surufatinib in the treatment of both advanced and progressive pancreatic neuroendocrine tumors and extra-pancreatic NETs in patients who are not candidates for surgery.Biofrontera Expects 5% Drop in Q1 Revenue Due to COVID-19 Impact Biofrontera AG (NASDAQ: BFRA) said its first-quarter revenue is likely to come in at 6.4 million euros to 6.6 million euros ($6.9 to $7.1 million), down about 5% from the year-ago period, as sales declines in U.S. more than offset growth in Europe.Offerings Pulmatrix said it has entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 4.79 million shares of its common stock at $1.671 per share in a registered direct offering priced at-the-market. The company also said it has agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 4.79 million shares. Gross proceeds from the offering are expected to be about $8 million.The stock was down 25.99% to $1.31 in the premarket session. Cutera, Inc. (NASDAQ: CUTR) said it has pricing an underwritten public offering of 2.385 million shares of its common stock at $10.50 per share to raise gross proceeds of $25 million. The offering is expected to close on or about April 21.The stock dipped was down 13.25% at $11.65 in the premarket session.Related Link:Gilead Analysts Break Down Remdesivir Data Readout From Compassionate Use See more from Benzinga * The Daily Biotech Pulse: Applied DNA Ships Vaccine Constructs For Animal Testing, Herceptin Biosimilar Now Available In US(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Company to Host Annual Results Conference Call Today at 1:00 p.m. GMT / 8:00 a.m. EST / 9:00 p.m. HKT LONDON, March 03, 2020 -- Hutchison China MediTech Limited (“Chi-Med”).

Deutsche Bank today announced that the presentations from the March 18th and 19th Depositary Receipts Virtual Investor Conference ("dbVIC") are now available for on-demand viewing. The event featured presentations from international companies with American Depositary Receipt (ADR) programs in the US.

LONDON, Feb. 25, 2020 -- Further to its announcement dated January 31, 2020, Hutchison China MediTech Limited (“Chi-Med”) (AIM/Nasdaq: HCM) announced that its final results for.

Hutchison China MediTech (HCM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

The FDA Fast Track Designation is one of several approaches utilized by the U.S. FDA to expedite development and review of potential medicines for serious conditions and that fulfill unmet medical needs. A potential new medicine may fill an unmet medical need by being the first therapy to address a specific serious condition, offer clinically significant advantages over available therapies, act via a different mechanism of action than available therapies, or have a benefit in patients who are unresponsive to or intolerant of available therapies.

Christian Hogg became the CEO of Hutchison China MediTech Limited (LON:HCM) in 2006. This analysis aims first to...

LONDON, May 08, 2020 -- Hutchison China MediTech Limited (“Chi-Med”) (Nasdaq/AIM: HCM) today announces that Mr Christian Hogg, Chief Executive Officer of Chi-Med, will.

Hutchison China MediTech (HCM) and BeiGene (BGNE) have now entered into a clinical collaboration agreement for the treatment of various solid tumor cancers.The collaboration will evaluate the safety, tolerability and efficacy of two of Chi-Med’s drug candidates, surufatinib and fruquintinib, combined with BeiGene’s anti-PD-1 antibody tislelizumab for cancer treatment in the US, Europe, China and Australia.Chi-Med and BeiGene each plan to explore development of the combination of these drug candidates in different indications and regions. The companies have agreed to provide mutual drug supply and other support.“We hope to understand and develop innovative combination therapies that may bring meaningful treatments to cancer patients around the world. Through this collaboration we plan to further evaluate tislelizumab in combination with oral VEGFR inhibitors to target a variety of solid tumor cancers,” said Lai Wang of BeiGene.Each of these three compounds are currently in late-stage global clinical development across many countries outside of China. Tislelizumab and fruquintinib have both been approved by the China National Medical Products Administration which is also currently reviewing the New Drug Application for surufatinib that was submitted late last year.Both companies currently score a bullish Strong Buy Street consensus. For instance, in the last three months, six analysts have published buy ratings on BeiGene vs 1 hold rating. With shares down 4% year-to-date, the average analyst price target indicates upside potential of 19%. (See BeiGene stock analysis on TipRanks).Maxim Group’s Jason McCarthy has a buy rating on BGNE with a $190 price target. He notes that Tislelizumab is currently being evaluated in 15 registration-enabling clinical trials in China and globally (11 P3 and 4 pivotal P2 trials).Related News: Novavax Begins Human Testing For Covid-19 Vaccine, Expects Results In July Regeneron and Sanofi’s Dupixent Shows ‘Positive’ Trial Data, Meets Co-Primary Endpoints Regeneron To Repurchase $5 Billion Stake From Sanofi   More recent articles from Smarter Analyst: * Apple Snaps Up AI Startup Inductiv, As Analysts Boost PTs On Store Reopenings * Microsoft Seeks $2B Stake In India’s Jio Platforms- Report * Boeing Cuts 6,770 Jobs In U.S.; CFRA Upgrades Stock To Buy   * Google Faces Arizona Lawsuit Over ‘Unfair’ Location Data Storing

LONDON, April 22, 2020 -- Hutchison China MediTech Limited (“Chi-Med”) (Nasdaq/AIM: HCM) today announces that new and updated analyses on the ongoing studies of surufatinib.

The fast-spreading coronavirus is starting to disrupt testing of experimental medicines in China, posing a threat to plans by global drugmakers that have invested billions of dollars to harness the potential of the Asian economic powerhouse. The U.S. clinical trials database lists nearly 500 studies with a site in the city of Wuhan, which has endured the brunt of an outbreak that has killed more than 1,100 people and infected more than 44,000 in China. About 20% of global trials are now conducted in China, up from about 10% just five years ago, according to GlobalData Plc.

LONDON, UK / ACCESSWIRE / April 22, 2020 / Notwithstanding the COVID-19 pandemic challenges, Hutchison China MediTech (NASDAQ:HCM) remains on track for potential approval and launches of two additional ...

Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference ("dbVIC") on March 18th and 19th, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.

* Thai shares rise 1.7% * Indonesia mulls reopening plans * Malaysian markets closed for holiday By Pranav A K May 11 (Reuters) - Southeast Asian stock markets rose on Monday, with Thai stocks leading the gains, as sentiment improved after China's central bank signalled more policy measures to support a coronavirus-hit economy. Shares in trade-reliant Thailand surged 1.7% as the People's Bank of China (PBOC) said on Sunday it would step up counter-cyclical adjustments to support the Chinese economy and make monetary policy more flexible to fend off financial risks. More policy support from China, Southeast Asia's region's biggest trading partner, has supercharged what would have been a positive start to Asian trading anyway, said Jeffrey Halley, a senior market analyst at OANDA.