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BioWorld - Thursday, November 21, 2024
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» Through Beigene, Amgen helps awaken the sleeping giant; $2.7B cash investment
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Through Beigene, Amgen helps awaken the sleeping giant; $2.7B cash investment
Nov. 4, 2019
By
Lee Landenberger
and
Elise Mak
No Comments
When the time was right to make a powerful Western biotech welcome in China,
Beigene Ltd.
was ready when
Amgen Inc.
came calling. Its massive $2.7 billion cash equity investment in Beigene buys Amgen an oncology footprint in China.
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