HUTCHMED (China) Limited (Nasdaq/AIM: HCM; HKEX: 13) is an innovative commercial-stage biopharmaceutical company focused on the discovery, development, manufacturing, and commercialization of targeted therapies and immunotherapies for cancer and immunological diseases. Founded in 2000 and headquartered in Hong Kong with primary operations in mainland China, the company offers marketed products including Elunate (fruquintinib), a selective oral VEGFR inhibitor for metastatic colorectal cancer; Orpathys (savolitinib), a selective oral MET inhibitor for non-small cell lung cancer with MET exon 14 skipping mutations; Sulanda (surufatinib), an angio-immuno kinase inhibitor targeting VEGFR, FGFR, and CSF-1R for advanced neuroendocrine tumors; and Fruzaqla (fruquintinib), approved in the US, Europe, and Japan for metastatic colorectal cancer. It maintains a robust pipeline of novel drug candidates from its in-house discovery engine, emphasizing oncology and immunology treatments with global market potential, and operates a profitable commercial platform for prescription drugs and consumer health products primarily in China while expanding internationally through partnerships. Recent developments include Takeda’s US launch of Fruzaqla generating initial sales recognition, collaboration progress with Inmagene on IMG-007 (anti-OX40 antibody) and IMG-004 (BTK inhibitor) yielding a 7.5% equity stake for HUTCHMED, updated 2025 revenue guidance of $270-350 million for oncology/immunology reflecting milestone phasing, and strategic emphasis on partnering with multinational firms like AstraZeneca, Lilly, and Takeda amid portfolio expansion toward six or seven marketed oncology drugs in China by year-end.