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BeiGene Announces $160 Million Agreement for China Rights to Two EUSA Orphan Biologics

publication date: Jan 14, 2020

BeiGene of Beijing acquired China rights for two orphan biologic products, Sylvant® and Qarziba®, from EUSA Pharma in a $160 million deal. Sylvant is approved to treat Castleman’s disease, a rare, life-threatening orphan condition of the lymph nodes. Qarziba is a targeted immunotherapy for neuroblastoma, an aggressive neoplasm that is the most common childhood solid tumor originating outside the brain. Both products are approved in various Western countries. They have been listed for fast-track approval in China because they target rare diseases that have no current treatments. More details....

Stock Symbols: (NSDQ: BGNE; HK: 06160)

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