HUTCHMED Divests 45% Stake in Shanghai Hutchison Pharmaceuticals to GP Health Service Capital and Shanghai Pharmaceuticals Holding

January 3, 2025

HUTCHMED agreed to sell a 45% equity interest in Shanghai Hutchison Pharmaceuticals Limited (SHPL) for about US$608 million in cash to GP Health Service Capital Co. and Shanghai Pharmaceuticals Holding. The divestment allows HUTCHMED to reallocate capital to its core oncology and ATTC (antibody-targeted therapy conjugate) pipeline and accelerate its path to profitability.

Buyers
GP Health Service Capital Co., Shanghai Pharmaceuticals Holding Co., Ltd.
Targets
Shanghai Hutchison Pharmaceuticals Limited (SHPL)
Sellers
HUTCHMED
Industry
Pharmaceuticals
Location
Shanghai, China
Transaction Type
Divestiture

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