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Hutchmed hones its pipeline prospects

The company hopes to expand outside of China with the help of international partnerships
July 31, 2023
  • Oncology revenues up almost 300 per cent
  • Full-year pre-tax loss to shrink

An extensive research and development (R&D) programme finally seems to have paid off for Hutchmed (HCM), the Hong Kong-based pharmaceutical group that operates mostly in mainland China. After reporting a pre-tax loss for the 2022 financial year, the company is now comfortably in the black in the first half.

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