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BeiGene In-Licenses Three-Molecules for Hepatitis B in $540 Million Deal

publication date: Jul 20, 2020

Beijing's BeiGene in-licensed Greater China rights to three inhibitors for chronic hepatitis B virus (HBV) from Assembly Bio in a $540 million agreement. All three molecules have started US clinical trials. BeiGene, which will make a $40 million upfront payment, is responsible for $500 million in milestones, plus royalties. BeiGene will contribute initial funding for China clinical development; subsequent costs will be shared equally. More details....

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

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