China's medical products administrator approved Hutchmed's (HKG:0013) supplemental new drug application for its savolitinib drug for a type of locally advanced or metastatic non-small cell lung cancer, according to a Tuesday filing with the Hong Kong Exchange.
The drug, branded Orpathys, is indicated for non-small cell lung cancer with MET exon 14 skipping alteration mutation, which is seen in patients over 70 years old.
China also converted the conditional approval for Orpathys into a full one, the filing said.
Shares closed 3% higher in Hong Kong during Tuesday's trading.