{"id":739323,"date":"2023-03-12T20:10:40","date_gmt":"2023-03-13T00:10:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hutchmed-confirms-no-assets-held-at-silicon-valley-bank\/"},"modified":"2023-03-12T20:10:40","modified_gmt":"2023-03-13T00:10:40","slug":"hutchmed-confirms-no-assets-held-at-silicon-valley-bank","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hutchmed-confirms-no-assets-held-at-silicon-valley-bank\/","title":{"rendered":"HUTCHMED Confirms No Assets Held at Silicon Valley Bank"},"content":{"rendered":"
\n

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., March 13, 2023 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (\u201cHUTCHMED<\/a>\u201d or the \u201cCompany\u201d) (Nasdaq\/AIM:\u200bHCM, HKEX:\u200b13) today confirms that it does not have any exposure to Silicon Valley Bank (\u201cSVB\u201d) or Silicon Valley Bank UK Limited (\u201cSVBUK\u201d). The Company does not hold any cash deposits or securities with SVB or SVBUK.<\/p>\n

\n About HUTCHMED<\/strong>\n <\/p>\n

HUTCHMED (Nasdaq\/AIM:\u200bHCM; HKEX:\u200b13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has approximately 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology\/\u200bimmunology. Since inception it has focused on bringing cancer drug candidates from in-house discovery to patients around the world, with its first three oncology drugs now approved and marketed in China. For more information, please visit: www.hutch-med.com<\/a> or follow us on LinkedIn<\/a>.<\/p>\n

\n CONTACTS<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Investor Enquiries<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Mark Lee, Senior Vice President<\/td>\n+852\u00a02121\u00a08200<\/td>\n<\/tr>\n
Annie Cheng, Vice President<\/td>\n+1\u00a0(973)\u00a0306-4490<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Media Enquiries<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Americas<\/strong> \u2013 Brad Miles, Solebury\u00a0Trout<\/td>\n+1\u00a0(917)\u00a0570\u00a07340\u00a0(Mobile) \/ bmiles@soleburystrat.com<\/a><\/td>\n<\/tr>\n
\n Europe<\/strong> \u2013 Ben Atwell \/ Alex Shaw, FTI\u00a0Consulting<\/td>\n+44\u00a020\u00a03727\u00a01030 \/ +44\u00a07771\u00a0913\u00a0902\u00a0(Mobile) \/ +44\u00a07779\u00a0545\u00a0055\u00a0(Mobile) \/ HUTCHMED@fticonsulting.com<\/a><\/td>\n<\/tr>\n
\n Asia<\/strong> \u2013 Zhou Yi, Brunswick<\/td>\n+852\u00a09783\u00a06894\u00a0(Mobile) \/ HUTCHMED@brunswickgroup.com<\/a><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Nominated Advisor<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Atholl Tweedie \/ Freddy Crossley, Panmure Gordon<\/td>\n+44\u00a0(20)\u00a07886\u00a02500<\/td>\n<\/tr>\n<\/table>\n

\n
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\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., March 13, 2023 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (\u201cHUTCHMED\u201d or the \u201cCompany\u201d) (Nasdaq\/AIM:\u200bHCM, HKEX:\u200b13) today confirms that it does not have any exposure to Silicon Valley Bank (\u201cSVB\u201d) or Silicon Valley Bank UK Limited (\u201cSVBUK\u201d). The Company does not hold any cash deposits or securities with SVB or SVBUK. About HUTCHMED HUTCHMED (Nasdaq\/AIM:\u200bHCM; HKEX:\u200b13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has approximately 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology\/\u200bimmunology. Since inception it has … <\/p>\n

Continue reading “HUTCHMED Confirms No Assets Held at Silicon Valley Bank”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-739323","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHUTCHMED Confirms No Assets Held at Silicon Valley Bank - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hutchmed-confirms-no-assets-held-at-silicon-valley-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HUTCHMED Confirms No Assets Held at Silicon Valley Bank - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., March 13, 2023 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (\u201cHUTCHMED\u201d or the \u201cCompany\u201d) (Nasdaq\/AIM:\u200bHCM, HKEX:\u200b13) today confirms that it does not have any exposure to Silicon Valley Bank (\u201cSVB\u201d) or Silicon Valley Bank UK Limited (\u201cSVBUK\u201d). The Company does not hold any cash deposits or securities with SVB or SVBUK. About HUTCHMED HUTCHMED (Nasdaq\/AIM:\u200bHCM; HKEX:\u200b13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has approximately 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology\/\u200bimmunology. 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