HUTCHMED's trial for sovleplenib in wAIHA met primary healing endpoints. Annual incidence rate of wAIHA is estimated at 0.8-3.0 per 100,000 adults. Sovleplenib shows overall response rates of 43.8% and 66.7% in studies. New Drug Application submission for sovleplenib is planned for mid-2026. HUTCHMED shares rose 5.09% to $14.45 during premarket trading.
HCM's Q4 earnings dropped to 22 cents per ADS, down from 59 cents. Sales fell 25% YoY to $630.20 million; oncology revenue rose 65%. Guidance for 2025 oncology/immunology revenue projected at $350M-$450M. Fruquintinib/sintilimab treatment met primary survival endpoint in trials. Stock price rose 8.7% to $16.26 following announcements.