Picture of HUTCHMED (China) logo

HCM HUTCHMED (China) News Story

0.000.00%
gb flag iconLast trade - 00:00
HealthcareHighly SpeculativeLarge CapHigh Flyer

REG - Hutchmed China Ltd - FRESCO-2 Colorectal Cancer MRCT Data Highlights

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220908:nRSH6521Ya&default-theme=true

RNS Number : 6521Y  Hutchmed (China) Limited  08 September 2022

Press Release

 

HUTCHMED Highlights Phase III FRESCO-2 MRCT Data Summary of Fruquintinib in Refractory Metastatic Colorectal Cancer from the Upcoming ESMO 2022 Presentation

 

-   Fruquintinib treatment reduced the risk of death by 34% in metastatic
colorectal cancer (0.66 HR) -

 

-   Increased disease control with risk of disease progression or death
reduced by 68% (0.32 HR) -

 

-   Results to be presented in a late-breaking, proffered paper presentation
at ESMO -

 

-   Conference call and webcast to be held on Monday, September 12 at 2:00
pm Paris time to discuss the full trial results and the unmet medical need in
colorectal cancer -

 

Hong Kong, Shanghai & Florham Park, NJ - Thursday, September 8, 2022:
HUTCHMED (China) Limited ("HUTCHMED (https://www.hutch-med.com/) ")
(Nasdaq/AIM: HCM; HKEX: 13) today announces summary results of the
691-patient, multi-regional clinical trial ("MRCT") of fruquintinib. These
results have been shared in an abstract of the upcoming presentation at the
European Society for Medical Oncology Congress 2022 ("ESMO22") on September
12, 2022. ESMO22 will be held at the Paris Expo Porte de Versailles.

 

Dr Arvind Dasari, Associate Professor, Department of Gastrointestinal Medical
Oncology, The University of Texas MD Anderson Cancer Center, will present the
FRESCO-2 results at ESMO22. Dr Dasari commented, "These results are exciting
and encouraging for patients and healthcare providers alike since they address
a huge unmet need in refractory metastatic colorectal cancer. Fruquintinib
provides a possible new treatment option with a meaningful survival benefit
and manageable toxicity profile. These results also offer opportunities for
further development of fruquintinib in other settings and combinations."

 

The MRCT FRESCO-2 study demonstrated that treatment with fruquintinib resulted
in a statistically significant and clinically meaningful increase in the
primary overall survival ("OS") endpoint and key secondary progression-free
survival ("PFS") endpoint compared to treatment with placebo. Specifically,
the median OS was 7.4 months for the 461 patients treated with fruquintinib
compared to 4.8 months for the 230 patients in the placebo group (hazard ratio
 "HR"  0.66; 95% confidence interval  "CI"  0.55-0.80; p<0.001). Median PFS
was 3.7 months for patients treated with fruquintinib compared to 1.8 months
for patients in the placebo group (HR 0.32; 95% CI 0.27-0.39; p<0.001). The
disease control rate ("DCR") was 55.5% in the fruquintinib group compared to
16.1% for patients in the placebo group. Median duration of follow-up was
approximately 11 months for patients in both groups.

 

The safety profile of fruquintinib in FRESCO-2 was consistent with previously
reported fruquintinib studies. Grade 3 or above adverse events occurred in
62.7% of patients who received fruquintinib, compared to 50.4% of patients who
received placebo. Grade 3 or above adverse events that occurred in more than
5% of patients who received fruquintinib were hypertension (13.6% vs 0.9% in
the placebo group), asthenia (7.7% vs 3.9% in the placebo group) and hand-foot
syndrome (6.4% vs 0% in the placebo group).

 

Further details of the FRESCO-2 presentation at ESMO22 are as follows:

 

 Title:            FRESCO-2: A global Phase 3 multi-regional clinical trial (MRCT) evaluating the
                   efficacy and safety of fruquintinib in patients with refractory metastatic
                   colorectal cancer
 Session:          Proffered Paper session 2: GI, lower digestive
 Abstract No.:     LBA25
                   (https://cslide.ctimeetingtech.com/esmo2022/attendee/confcal/session/list?q=LBA25)
                   (https://meetings.asco.org/abstracts-presentations/204754)
 Date & Time:      Monday, September 12, 2022, 11:00-11:10 am Paris time
 Location:         7.2.F - Fécamp Auditorium

 

Investor audio webcast and conference call is scheduled on Monday, September
12 at 2:00 pm Paris Time (1:00 pm London time, 8:00 am New York time, and 8:00
pm Hong Kong time).

 

Participating on the webcast will be members of the HUTCHMED management team,
Dr Dasari and other co-Principal Investigators from the study:

·    Dr Cathy Eng, David H. Johnson Endowed Chair in Surgical and Medical
Oncology and Co-Leader, Gastrointestinal Cancer Research Program, at the
Vanderbilt-Ingram Cancer Center;

·    Dr Josep Tabernero, Head of the Medical Oncology Department of Vall
d'Hebron University Hospital, Barcelona, Spain; Director of Clinical Research
at Vall d'Hebron Institute of Oncology; Head of the Gastrointestinal and
Endocrine Tumors Group; Past President, the European Society for Medical
Oncology;

·    Dr James Yao, Professor, Ellen F. Knisely Distinguished Chair in
Colon Cancer Research, Department of GI Medical Oncology, Division of Cancer
Medicine, MD Anderson Cancer Center, Houston, TX; and

·    Dr Takayuki Yoshino, Professor, Director Department of
Gastrointestinal Medical Oncology, National Cancer Hospital East, Chiba,
Japan.

 

Details of the conference call dial-in and the webcast link will be provided
on the company website at www.hutch-med.com/event/
(https://www.hutch-med.com/event/) . A replay will also be available on the
website shortly after the event.

 

 

About FRESCO-2

The FRESCO-2 study is a MRCT conducted in the U.S., Europe, Japan and
Australia that investigated fruquintinib plus best supportive care ("BSC") vs
placebo plus BSC in patients with advanced, refractory metastatic colorectal
cancer ("CRC"). As previously disclosed
(https://www.hutch-med.com/fresco-2-met-primary-endpoint/) , the 691-patient
study met its primary endpoint of OS in patients with metastatic CRC who had
progressed on standard chemotherapy and relevant biologic agents and who had
progressed on, or were intolerant to, TAS-102 and/or regorafenib. In addition
to OS, a statistically significant improvement in progression-free survival
PFS, a key secondary endpoint, was observed. The safety profile of
fruquintinib in FRESCO-2 was consistent with previously reported studies.
Additional details of the study may be found at clinicaltrials.gov, using
identifier NCT04322539 (https://clinicaltrials.gov/ct2/show/NCT04322539) .

 

About CRC

CRC is a cancer that starts in either the colon or rectum. CRC is the third
most common cancer worldwide, estimated to have caused more than 915,000
deaths in 2020. 1  In the U.S., an estimated 151,000 people will have been
diagnosed with CRC and 53,000 people will have died from CRC in 2022. 2  In
Europe, CRC is the second most common cancer, with an estimated 507,000 new
cases and 240,000 deaths in 2020.(1) In Japan, CRC is the most common cancer,
with an estimated 147,000 new cases and 59,000 deaths in 2020.(1)

 

About Fruquintinib

Fruquintinib is a highly selective and potent oral inhibitor of VEGFR-1, -2
and -3. VEGFR inhibitors play a pivotal role in blocking tumor angiogenesis.
Fruquintinib was designed to improve kinase selectivity to minimize off-target
toxicities, improve tolerability and provide more consistent target coverage.
The generally good tolerability in patients to date, along with fruquintinib's
low potential for drug-drug interaction based on preclinical assessment,
suggests that it may also be highly suitable for combinations with other
anti-cancer therapies.

 

About FRESCO and Fruquintinib Approval in China

Metastatic CRC in China: Fruquintinib was approved for marketing by the China
National Medical Products Administration (NMPA) in September 2018 and
commercially launched in China in late November 2018 under the brand name
ELUNATE(®). It has been included in the China National Reimbursement Drug
List (NRDL) since January 2020. ELUNATE(®) is indicated for the treatment of
patients with metastatic CRC who have been previously treated with
fluoropyrimidine, oxaliplatin and irinotecan, including those who have
previously received anti-VEGF therapy and/or anti-EGFR therapy (RAS wild
type).

 

Results of the FRESCO study 3 , a Phase III pivotal registration trial of
fruquintinib in 416 patients with metastatic CRC in China, were published
(https://jamanetwork.com/journals/jama/fullarticle/2685988) in The Journal of
the American Medical Association, JAMA, in June 2018 (clinicaltrials.gov
identifier: NCT02314819 (https://clinicaltrials.gov/ct2/show/NCT02314819) ).
The study demonstrated that fruquintinib provided a statistically significant
and clinically meaningful benefit in third-line metastatic CRC patients in
China. Median OS was 9.3 months for patients treated with fruquintinib, as
compared to 6.6 months for patients in the placebo group (HR 0.65; 95% CI
0.51-0.83; p<0.001). Median PFS was 3.7 months for patients treated with
fruquintinib, as compared to 1.8 months for patients in the placebo group (HR
0.26; 95% CI 0.21-0.34; p<0.001). DCR was 62.2% vs. 12.3% for placebo. In
terms of safety, results showed that fruquintinib had a manageable safety
profile. The most frequently reported fruquintinib-related grade 3 and above
adverse events included hypertension (21.2%) and hand-foot skin reaction
(10.8%).

About Fruquintinib Development Beyond CRC Monotherapy

The safety and efficacy of fruquintinib for the following investigational uses
have not been established and there is no guarantee that it will receive
health authority approval or become commercially available in any country for
the uses being investigated:

 

Gastric Cancer ("GC") in China: The FRUTIGA study is a randomized,
double-blind, Phase III trial evaluating the efficacy and safety of
fruquintinib combined with paclitaxel for the treatment of patients with
advanced gastric or esophagogastric junction (GEJ) adenocarcinoma who did not
respond to first-line standard chemotherapy. Approximately 700 patients have
received either fruquintinib combined with paclitaxel or placebo combined with
paclitaxel. The co-primary efficacy endpoints are OS and PFS (NCT03223376
(https://clinicaltrials.gov/ct2/show/NCT03223376) ).

 

Immunotherapy combinations: HUTCHMED has entered into collaboration agreements
to evaluate the safety, tolerability and efficacy of fruquintinib in
combination with PD-1 monoclonal antibodies, including with tislelizumab
(developed by BeiGene, Ltd) and sintilimab (developed by Innovent Biologics,
Inc.).

·    Metastatic breast, endometrial, and CRC in the U.S.: HUTCHMED
initiated this open-label, multi-center, non-randomized, Phase Ib/II study in
the U.S. to investigate if the addition of fruquintinib can potentially induce
activity to immune checkpoint inhibitor therapy in advanced, refractory triple
negative breast cancer ("TNBC"), endometrial cancer, and CRC (NCT04577963
(https://clinicaltrials.gov/ct2/show/NCT04577963) ). Safety and preliminary
efficacy of fruquintinib as a single agent were demonstrated in advanced solid
tumors, including TNBC, in a Phase I study conducted in China (NCT01645215
(https://clinicaltrials.gov/ct2/show/NCT01645215) ) and a Phase I/Ib study is
ongoing in the U.S. (NCT03251378
(https://clinicaltrials.gov/ct2/show/NCT03251378) ).

·    Gastric, colorectal and non-small cell lung cancers ("NSCLC") in
China & Korea: BeiGene, Ltd. initiated this open-label, multi-center,
Phase II study to assess the safety and efficacy of fruquintinib in
combination with tislelizumab in patients with advanced or metastatic,
unresectable GC, CRC or NSCLC (NCT04716634
(https://clinicaltrials.gov/ct2/show/NCT04716634) ).

·    Endometrial cancer and other solid tumors in China: HUTCHMED
initiated this open-label, multi-center, non-randomized, Phase II study to
assess the safety and efficacy of fruquintinib in combination with sintilimab
in patients with advanced cervical cancer, endometrial cancer, GC,
hepatocellular carcinoma (HCC), NSCLC or renal cell carcinoma (RCC).
Preliminary results of certain cohorts were presented
(https://www.hutch-med.com/csco-2021-highlights/) at the 2021 American Society
of Clinical Oncology Annual Meeting (ASCO) and the Chinese Society of Clinical
Oncology Annual Meeting (CSCO). Following encouraging data in the advanced
endometrial cancer cohort, it has been expanded into a single-arm
registrational Phase II study of over 130 patients (NCT03903705
(https://clinicaltrials.gov/ct2/show/NCT03903705) ).

 

About HUTCHMED

HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) is an innovative, commercial-stage,
biopharmaceutical company. It is committed to the discovery and global
development and commercialization of targeted therapies and immunotherapies
for the treatment of cancer and immunological diseases. It has more than 4,900
personnel across all its companies, at the center of which is a team of about
1,800 in oncology/immunology. Since inception it has advanced 13 cancer drug
candidates from in-house discovery into clinical studies around the world,
with its first three oncology drugs now approved and marketed in China. For
more information, please visit: www.hutch‑med.com
(https://www.hutch-med.com/) or follow us on LinkedIn
(https://www.linkedin.com/company/hutchmed/) .

 

 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the "safe harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements reflect HUTCHMED's current
expectations regarding future events, including its expectations regarding the
therapeutic potential of fruquintinib for the treatment of patients with
advanced CRC and the further clinical development of fruquintinib in this and
other indications. Forward-looking statements involve risks and uncertainties.
Such risks and uncertainties include, among other things, assumptions
regarding the timing and outcome of clinical studies and the sufficiency of
clinical data to support NDA approval of fruquintinib for the treatment of
patients with advanced CRC or other indications in the U.S., Europe, Japan,
Australia or other jurisdictions, its potential to gain approvals from
regulatory authorities on an expedited basis or at all, the safety profile of
fruquintinib, HUTCHMED's ability to fund, implement and complete its further
clinical development and commercialization plans for fruquintinib, the timing
of these events, and the impact of the COVID-19 pandemic on general economic,
regulatory and political conditions. In addition, as certain studies rely on
the use of other drug products such as paclitaxel, tislelizumab and sintilimab
as combination therapeutics with fruquintinib, such risks and uncertainties
include assumptions regarding the safety, efficacy, supply and continued
regulatory approval of these therapeutics. Existing and prospective investors
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. For further discussion of these and
other risks, see HUTCHMED's filings with the U.S. Securities and Exchange
Commission, on AIM and on The Stock Exchange of Hong Kong Limited. HUTCHMED
undertakes no obligation to update or revise the information contained in this
press release, whether as a result of new information, future events or
circumstances or otherwise.

 

CONTACTS
 Investor Enquiries
 Mark Lee, Senior Vice President       +852 2121 8200
 Annie Cheng, Vice President           +1 (973) 567 3786

 Media Enquiries
 Americas - Brad Miles, Solebury       +1 (917) 570 7340 (Mobile) | bmiles@soleburystrat.com
                                       (mailto:bmiles@soleburystrat.com)
 Europe - Ben Atwell / Alex Shaw, FTI  +44 20 3727 1030 / +44 7771 913 902 (Mobile) /
                                       +44 7779 545 055 (Mobile) | HUTCHMED@fticonsulting.com
                                       (mailto:HUTCHMED@fticonsulting.com)
 Asia - Zhou Yi, Brunswick             +852 9783 6894 (Mobile) | HUTCHMED@brunswickgroup.com
                                       (mailto:HUTCHMED@brunswickgroup.com)

 Nominated Advisor
 Atholl Tweedie / Freddy Crossley,     +44 (20) 7886 2500

Panmure Gordon (UK) Limited

 

 1  The Global Cancer Observatory (https://gco.iarc.fr/) . Accessed September
21, 2021.

 2  SEER. Cancer Stat Facts: Colorectal Cancer. National Cancer Institute.
https://seer.cancer.gov/statfacts/html/colorect.html
(https://seer.cancer.gov/statfacts/html/colorect.html) . Accessed June 27,
2022.

 3  Li J, Qin S, Xu RH, et al. Effect of Fruquintinib vs Placebo on Overall
Survival in Patients With Previously Treated Metastatic Colorectal Cancer: The
FRESCO Randomized Clinical Trial. JAMA. 2018;319(24):2486-2496.
doi:10.1001/jama.2018.7855 (https://doi.org/10.1001/jama.2018.7855) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCLDLFBLKLZBBV

Recent news on HUTCHMED (China)

See all news