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BeiGene Raised $900 Million in Hong Kong Debut Offering

publication date: Jul 30, 2018

BeiGene, a Beijing oncology company, hopes to raise $1 billion in a debut offering on the Hong Kong stock exchange. The company is already listed on NASDAQ in the US. BeiGene has five drug candidates in clinical trials, and it expects to file NDAs for its two leading candidates in China later this year, including one for a PD-1 molecule. The shares will start trading on August 8. BeiGene reported $1.5 billion in cash at its most recent reporting. More details....

Stock Symbol: (NSDQ: BGNE)

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