Saturday, January 23, 2021
Financing and M&A

Amgen Announces Additional Investment of $421M In BeiGene

Amgen (NASDAQ:AMGN) today announced an additional investment of approximately $421 million in BeiGene’s registered direct offering of ordinary shares, which maintains Amgen’s current pro rata ownership of BeiGene at approximately 20.3%.  This additional investment reflects Amgen’s confidence in the progress the companies are making in their ongoing oncology collaboration in China, the world’s second largest pharmaceutical market.  

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