Billionaire-backed Chi-Med declares PhIII success for pioneering cancer drug in China, seeking quick OK
Hutchison China MediTech has turned an important corner, scoring positive overall survival and progression-free survival in a Phase III study of fruquintinib, its lead oncology drug, in colon cancer. The top-line success — data will come out this summer at ASCO — puts Chi-Med on a direct path with its partners at Eli Lilly to an NDA filing with Chinese regulators in a few months.
Investigators recruited 416 patients with locally advanced or metastatic colon cancer who had failed at least two chemotherapies for this study. The patients were then divvied between the drug arm and a group treated with placebo plus best standard of care.
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