Hutchison China MediTech (Chi-Med) reported positive survival data for its lead drug, fruquintinib. In a pivotal Phase III China trial, fruquintinib increased median survival in 416 colorectal cancer patients from 6.6 months to 9.3 months, a 41% improvement. Chi-Med released the data in conjunction with the current ASCO meeting in Chicago. In March, the company announced the trial was successful, but did not release details. Chi-Med, which partnered China development of fruquintinib with Lilly, plans to file an NDA with the CFDA for the drug. More
