Report
Franc Gregori ...
  • Lala Gregorek
  • Philippa Gardner

Trinity Delta Lighthouse: HUTCHMED

Trinity Delta view: HUTCHMED continues to consistently execute strategically, with sustainable profitability ahead supported by solid in-market product sales growth. Near-term top-line growth will be driven by additional global launches and new indications for current products, plus potential new product approvals. Acquisitions and/or in-licensing will be sought to support the mid-term, whilst accelerated investment in the highly promising ATTC platform (from proceeds of the SHPL disposal) should underpin longer-term growth prospects. The ATTC platform could address a wide range of oncology indications with sizeable market potential. Continued prudent cost control should also lead to ongoing margin expansion. Our most recent HUTCHMED valuation was $5.94bn/£4.95bn/ HK$46.31bn, or $34.07/ADS and 568p/HK$53.14 per share (ex SHPL disposal).
Underlying
Hutchison China Meditech Ltd Sponsored ADR

Provider
Trinity Delta
Trinity Delta

We are experienced healthcare and life sciences analysts providing the highest quality service to companies in these sectors and to investors. We have expertise in the fields of the biotech, medtech , specialty pharma and consumer health sectors.

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Analysts
Franc Gregori

Lala Gregorek

Philippa Gardner

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