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Chi-Med Starts First US Trial of Fruquintinib, an Anti-Angiogenesis Drug

publication date: Dec 15, 2017

Hutchison China MediTech (Chi-Med) announced the start of a US Phase I bridging trial of its lead drug, fruquintinib, in patients with solid tumor cancers. Fruquintinib is a VEGFR inhibitor with an anti-angiogenesis mechanism. In China, Chi-Med has completed all three clinical trial phases of fruquintinib and filed for market approval in colorectal cancer patients. In 2013, Lilly partnered China rights to fruquintinib with Chi-Med in an $86 million deal, though so far, it has not extended that agreement to the rest of the world. More details....

Stock Symbols: (AIM/NSDQ: HCM) (NYSE: LLY)

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