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Shanghai Pharmaceuticals Holding Co., Ltd (SHPMF)

1.5620

-0.0080

(-0.51%)

As of April 17 at 4:00:00 PM EDT. Market Open.

HUTCHMED to Divest 45% Equity Stake in Shanghai Hutchison Pharmaceuticals for $608 Million

HUTCHMED (HCM) said Wednesday it has agreed to sell a 45% equity interest in Shanghai Hutchison Phar

PREMIUM
MT Newswires 3 months ago

SHPMY
-3.67%
HUTCHMED Announces US$608 million Divestment of Non-Core Joint Venture

— HUTCHMED continues to deliver on its strategy outlined in November 2022 to create value, prioritize its portfolio and bring innovative medicines to patients globally — — Divestment proceeds to advance HUTCHMED’s pipeline and core innovative medicines business — — Focused R&D investment includes HUTCHMED’s proprietary antibody-targeted therapy conjugate platform, with first candidates expected to enter clinical trials in the second half of 2025 — HONG KONG and SHANGHAI and FLORHAM PARK, N.J., J

GlobeNewswire 3 months ago

HCM

HMDCF

SHPMF
-0.51%

Performance Overview

Return	SHPMF	SSE Composite Index (000001.SS)
YTD	-4.76%	-1.80%
1-Year	+35.81%	+7.38%
3-Year	+15.90%	+6.87%

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