BRIEF-HUTCHMED Announces $608 Mln Divestment Of Non-Core Joint Venture

Reuters

01-01

Jan 1 (Reuters) - HUTCHMED (China) Ltd :

* HUTCHMED ANNOUNCES US$608 MILLION DIVESTMENT OF NON-CORE JOINT VENTURE

* HUTCHMED (CHINA) LTD - DIVESTMENT PROCEEDS TO ADVANCE HUTCHMED'S PIPELINE AND CORE INNOVATIVE MEDICINES BUSINESS

* HUTCHMED (CHINA) LTD - HUTCHMED EXPECTS TO RECORD A GAIN ON DISPOSAL OF APPROXIMATELY US$477 MILLION BEFORE TAXATION

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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