Press Release: HUTCHMED to Receive First Commercial Milestone Payment Following Over US$200 Million in FRUZAQLA(R) (fruquintinib) Sales by Takeda

Dow Jones10-31
      seizure, lethargy, confusion, altered mental function, blindness, and 
      other visual or neurological disturbances, with or without associated 
      hypertension. A diagnosis of PRES requires confirmation by brain imaging, 
      preferably magnetic resonance imaging $(MRI.AU)$. In patients developing PRES, 
      discontinuation of FRUZAQLA, along with control of hypertension and 
      supportive medical management of other symptoms, are recommended. 
 
   -- Impaired wound healing: Impaired wound healing has been reported in 1 
      patient (0.1%) treated with FRUZAQLA in clinical studies. Patients are 
      recommended to withhold FRUZAQLA for at least 2 weeks prior to surgery. 
      FRUZAQLA should not be resumed for at least 2 weeks after surgery, as 
      clinically indicated when there is evidence of adequate wound healing. 
   -- Arterial and venous thromboembolic events: It is recommended to avoid 
      starting treatment with FRUZAQLA in patients with a history of 
      thromboembolic events (including deep vein thrombosis and pulmonary 
      embolism) within the past 6 months or if they have a history of stroke 
      and/or transient ischemic attack within the last 12 months. If arterial 
      thrombosis is suspected, FRUZAQLA should be discontinued immediately. 

INTERACTIONS

Effects of other medicinal products on the pharmacokinetics of FRUZAQLA

CYP3A inducers

Co-administration of FRUZAQLA with rifampicin (a strong CYP3A inducer) 600 mg once daily decreased FRUZAQLA AUC(inf) by 65% and decreased C(max) by 12%. The concomitant use of FRUZAQLA with strong and moderate CYP3A inducers should be avoided.

CYP3A inhibitors

Co-administration of FRUZAQLA with itraconazole (a strong CYP3A inhibitor) 200 mg twice daily did not result in clinically meaningful changes in the area under the concentration-time curve $(AUC.AU)$ and C(max) of FRUZAQLA. No dose adjustment of FRUZAQLA is needed during concomitant use with CYP3A inhibitors.

Gastric acid lowering agents

Co-administration of FRUZAQLA with rabeprazole (a proton pump inhibitor) 40 mg once daily did not result in clinically meaningful changes in the AUC of FRUZAQLA. No dose adjustment of FRUZAQLA is needed during concomitant use with gastric acid lowering agents.

Effect of FRUZAQLA on the pharmacokinetics of other medicinal products

Medicinal products that are substrates of P-glycoprotein (P-gp)

Co-administration of a single dose of dabigatran etexilate 150 mg (a P-gp substrate) with a single dose of FRUZAQLA 5 mg decreased AUC of dabigatran by 9%. No dose adjustment is recommended for P-gp substrates during concomitant use with FRUZAQLA.

Medicinal products that are substrates of breast cancer resistance protein (BCRP)

Co-administration of a single 10 mg dose of rosuvastatin (a BCRP substrate) with a single 5 mg dose of FRUZAQLA decreased AUC of rosuvastatin by 19%. No dose adjustment is recommended for BCRP substrates during concomitant use with FRUZAQLA.

UNDESIRABLE EFFECTS: The most commonly reported adverse reactions with FRUZAQLA are:

 
Very common          Thrombocytopenia, hypothyroidism, anorexia, hypertension, 
 (frequency >=1/10)  dysphonia, diarrhoea, stomatitis, aspartate 
                     aminotransferase increased, total bilirubin increased, 
                     alanine aminotransferase increased, palmar-plantar 
                     erythrodysesthesia syndrome, musculoskeletal discomfort, 
                     arthralgia, proteinuria, asthenia, and fatigue 
-------------------  --------------------------------------------------------- 
Common               Pneumonia, upper respiratory tract infection, bacterial 
 (>=1/100 to <1/10)  infections, leukopenia, neutropenia, hypokalemia, 
                     epistaxis, throat pain, gastrointestinal hemorrhage, 
                     gastrointestinal perforation, pancreatic enzymes 
                     increased, oral pain, rash, and mucosal inflammation 
-------------------  --------------------------------------------------------- 
 

For US Prescribing Information:

https://www.fruzaqla.com/sites/default/files/resources/fruzaqla-prescribing-information.pdf

For Japan Prescribing Information:

https://www.pmda.go.jp/PmdaSearch/iyakuDetail/ResultDataSetPDF/400256_42910H0M1028_1_01

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED's current expectations regarding future events, including but not limited to, its expectations regarding the receipt of the milestone payment, the therapeutic potential of fruquintinib for the treatment of such patients with 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 sufficiency of clinical data to support approval of fruquintinib for the treatment of patients with CRC or other indications in other jurisdictions such as Japan, its potential to gain approvals from regulatory authorities, the safety profile of fruquintinib, HUTCHMED and/or Takeda's ability to fund, implement and complete its further clinical development and commercialization plans for fruquintinib, the timing of these events, each party's ability to satisfy the terms and conditions under the license agreement; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials or the regulatory pathway for fruquintinib; and Takeda's ability to successfully develop and commercialize fruquintinib. In addition, as certain studies rely on the use of other drug products 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 US 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.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

CONTACTS

 
Investor Enquiries                         +852 2121 8200 / ir@hutch-med.com 
 
Media Enquiries 
                                          +44 20 3727 1030 / +44 7771 913 902 
                                         (Mobile) / +44 7779 545 055 (Mobile) 
Ben Atwell / Alex Shaw, FTI Consulting       / HUTCHMED@fticonsulting.com 
                                               +852 9783 6894 (Mobile) / 
Zhou Yi, Brunswick                            HUTCHMED@brunswickgroup.com 
 
Nominated Advisor 
Atholl Tweedie / Freddy Crossley / 
 Rupert Dearden, Panmure Liberum                            +44 (20) 7886 2500 
 

__________________________

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(7)   Koopman M, et al. Deficient mismatch repair system 
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(8)   Ahcene Djaballah S, et al. HER2 in Colorectal Cancer: 
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(9)   Dasari NA, et al. Fruquintinib versus placebo in patients with 
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      DOI:10.1001/jama.2018.7855. 
 

(END) Dow Jones Newswires

October 31, 2024 04:30 ET (08:30 GMT)

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