Summary by Moomoo AI
HUTCHMED ANNOUNCED THAT ITS PARTNER TAKEDA PHARMACEUTICALS INDUSTRY RECEIVED POSITIVE FEEDBACK FROM THE EUROPEAN MEDICINES AGENCY'S COMMITTEE FOR MEDICINAL PRODUCTS FOR HUMAN USE (CHMP) IN SUPPORT OF FURUQUITINE FOR THE TREATMENT OF ADULT TRANSIENT COLORECTAL CANCER. This positive opinion will be taken into account by the European Commission (EC) when deciding whether to approve a listing licence for furquintin in the EU, Norway, Liechtenstein and Iceland. If approved, Furuquintin would be the EU's first and only selective inhibitor against all three vascular endothelial growth factor (VEGFR) receptors. The drug is licensed exclusively worldwide outside China, Hong Kong and Macau by Takeda. The positive opinion of the CHMP is mainly based on the results of the FRESCO-2 III clinical...Show More