Hutchmed (HCM) said Monday that the China National Medical Products Administration has approved its new drug application for the combination of Orpathys and Tagrisso to treat a certain type of lung cancer.
The approval covers locally advanced or metastatic epidermal growth factor receptor mutation-positive non-squamous non-small cell lung cancer with MET amplification after disease progression on EGFR tyrosine kinase inhibitor therapy.
The company said the approval triggers an $11 million milestone payment from AstraZeneca (AZN), which markets both the drugs in China.