HUTCHMED divests $608 million in non-core assets (NASDAQ:HCM)


  • HUTCHMED (NASDAQ:HCM) entered into two agreements to divest its 45% equity interest in Shanghai Hutchison Pharmaceuticals (SHPL) for approximately $608 million in cash, to GP Health Service Capital and Shanghai Pharmaceuticals.
  • HUTCHMED has been exploring opportunities to monetize the underlying


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