April 9, 2024
Loading...
You are here:  Home  >  Regions  >  East Ventura County  >  Current Article

Amgen’s $2.8 billion deal to acquire stake in BeiGene closes

IN THIS ARTICLE

Amgen’s deal to acquire a minority stake in Chinese oncology research firm BeiGene closed Jan. 2, with a $2.8 billion cash price tag. The deal includes rights to commercialize Amgen’s Xgeva, Kyprolis and Blincyto products in China, and an equal share of profits or losses in the first five years. At $174.85 per share, the…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.