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HUTCHMED closes exclusive license deal with GSK for KRAS-EGFR antibody therapy outside China.

Company Fundamentals
21 Oct 2026
Hutchmed (China) Limited
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Bullish
HUTCHMED closes exclusive license deal with GSK for KRAS-EGFR antibody therapy outside China.

HUTCHMED has finalized an exclusive license agreement with GSK granting GSK rights to develop and commercialize HMPL-A830, a novel KRAS-EGFR antibody conjugate therapy, outside China, Hong Kong, Macau, and Taiwan. This therapy targets cancers with KRAS mutations, such as colorectal, pancreatic, and lung cancers, by delivering a KRAS inhibitor directly to tumors while blocking EGFR to improve treatment efficacy and safety. HUTCHMED will lead early clinical trials, while GSK will handle later development and commercialization. HUTCHMED expects an upfront payment of $110 million and potential milestone payments up to $1.185 billion plus royalties.

GSK shares trade at USD 49.57 on Pluang as of Oct 21, 2026 07:11 WIB, up 0.22% for the day. The stock has a market cap of $99.12 billion and a dividend yield of 3.67%. Pluang investors show strong interest with 100% buy orders and a typical hold time of 94 days, reflecting steady demand for GSK amid its new licensing deal.

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