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BeiGene, Ltd. American Depositary Shares - BGNE STOCK NEWS

Welcome to our dedicated page for BeiGene, Ltd. American Depositary Shares news (Ticker: BGNE), a resource for investors and traders seeking the latest updates and insights on BeiGene, Ltd. American Depositary Shares stock.

BeiGene, Ltd. (NASDAQ: BGNE) is a global biotechnology company specializing in the development and commercialization of innovative cancer treatments. With a robust portfolio focused on molecularly targeted and immuno-oncology drugs, BeiGene addresses crucial oncology targets such as Bruton's tyrosine kinase (BTK) and the immune checkpoint protein PD-1. The company’s notable products include tislelizumab, a PD-1 inhibitor, and zanubrutinib, a BTK inhibitor, which have shown promising results in treating various cancers. BeiGene’s latest achievements include FDA and European regulatory approvals, significant clinical trial successes, and partnerships aimed at expanding the reach of their therapies globally. The company operates across major markets, including China, the United States, and internationally, striving to make high-quality cancer treatments more accessible. BeiGene’s commitment to advancing global health equity is evident in its innovative drug pipeline and strategic collaborations.

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BeiGene announced that the FDA has deferred action on the BLA for tislelizumab, a treatment for esophageal squamous cell carcinoma. The deferral is due to COVID-19 travel restrictions preventing required inspections in China. The FDA has not provided a new anticipated action date. Currently, the application remains under review, and BeiGene is collaborating with Novartis to facilitate inspections. Previously accepted in September 2021, the BLA demonstrated significant survival benefits in clinical trials.

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BeiGene has appointed Chan Lee as General Counsel, effective July 18, 2022. Lee, who previously served at Sanofi, brings extensive legal expertise in the biopharma sector, overseeing compliance, intellectual property, and other legal matters. He succeeds Scott Samuels, who played a key role in establishing BeiGene's global legal team. CEO John V. Oyler highlights Lee's leadership skills as crucial for BeiGene's continued global expansion and business priorities. Lee will join the Executive Committee, reporting directly to Oyler.

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Leap Therapeutics, in collaboration with BeiGene, announced the initiation of Part C of the DisTinGuish study, evaluating DKN-01 plus tislelizumab and chemotherapy in first-line gastric cancer patients. The study targets about 160 HER2-negative patients whose tumors express high DKK1 levels. Leap is also launching a second-line colorectal cancer trial with DKN-01 and bevacizumab, and supporting a trial in endometrial cancer with pembrolizumab. The company hosted an R&D Day to discuss these advancements and highlight strong preliminary results from previous trials.

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BeiGene has announced a strategic collaboration with InnoRNA to research mRNA-LNP programs. This partnership grants BeiGene exclusive global rights to develop and commercialize the therapies resulting from this collaboration. Furthermore, BeiGene will obtain a non-exclusive license to InnoRNA's proprietary LNP Technology to bolster its internal mRNA drug discovery efforts. InnoRNA will receive upfront cash and potential milestone payments as well as tiered royalties based on the collaboration's success.

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BeiGene announced positive results from the RATIONALE 306 trial, demonstrating that the PD-1 inhibitor tislelizumab combined with chemotherapy significantly improves overall survival (OS) for patients with advanced esophageal squamous cell carcinoma (ESCC). Patients receiving tislelizumab had a median OS of 17.2 months, compared to 10.6 months for those on chemotherapy alone, marking a 34% reduced risk of death. The trial's safety profile showed treatment-related adverse events similar across groups, with no new safety signals reported.

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BeiGene (NASDAQ: BGNE) announced the acceptance of a supplemental biologics license application (sBLA) by the Center for Drug Evaluation (CDE) in China for tislelizumab, its anti-PD-1 inhibitor, to be used with chemotherapy as a first-line treatment for advanced gastric or gastroesophageal junction adenocarcinoma patients with PD-L1 expression. This is the 10th regulatory submission for tislelizumab in China. Tislelizumab is already under review by the FDA and EMA for other indications, highlighting its potential in the oncology landscape.

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BeiGene has received regulatory approval for its BTK inhibitor BRUKINSA (zanubrutinib) in Kuwait, Bahrain, and Qatar for treating mantle cell lymphoma (MCL) in adult patients with prior therapies. This approval expands access to BRUKINSA, which has previously been authorized in multiple countries including the U.S. and China. The drug is known for its potent pharmacokinetic properties and aims to improve treatment outcomes in regions where MCL is prevalent.

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BeiGene announced that the FDA has extended the PDUFA goal date for the BRUKINSA sNDA to January 20, 2023. This extension allows time to review new clinical data demonstrating BRUKINSA's superiority over ibrutinib in treating chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL). The data comes from the global ALPINE clinical trial, which showed improved overall response rates (ORR). BRUKINSA is already approved for multiple indications and aims to improve treatment outcomes for patients globally.

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BeiGene has announced the approval of its anti-PD-1 antibody, tislelizumab, in combination with chemotherapy for treating recurrent or metastatic nasopharyngeal cancer (NPC) in China. This approval adds to the nine indications already granted for tislelizumab in the country. The decision is supported by positive results from the Phase 3 RATIONALE-309 trial, which showed statistically significant improvement in progression-free survival and a manageable safety profile. This marks a step forward in addressing the high medical need for NPC treatment in China.

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BeiGene (BGNE) showcased its hematology portfolio at the European Hematology Association 2022 Hybrid Congress, detailing significant clinical outcomes for zanubrutinib (BRUKINSA). Long-term data from the Phase 3 ASPEN trial emphasizes zanubrutinib's substantial efficacy in Waldenström macroglobulinemia. The Phase 2 ROSEWOOD trial reported a 68.3% overall response rate for zanubrutinib with obinutuzumab in follicular lymphoma. Additionally, promising results for BGB-11417, a BCL2 inhibitor, were presented in various studies. This reinforces BeiGene's commitment to advancing treatments for B-cell malignancies.

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FAQ

What is the current stock price of BeiGene, Ltd. American Depositary Shares (BGNE)?

The current stock price of BeiGene, Ltd. American Depositary Shares (BGNE) is $177.7 as of December 23, 2024.

What is the market cap of BeiGene, Ltd. American Depositary Shares (BGNE)?

The market cap of BeiGene, Ltd. American Depositary Shares (BGNE) is approximately 18.9B.

What type of company is BeiGene, Ltd.?

BeiGene, Ltd. is a global biotechnology company focused on developing and commercializing innovative cancer treatments.

What are some of BeiGene’s notable products?

Some of BeiGene’s notable products include tislelizumab, a PD-1 inhibitor, and zanubrutinib, a BTK inhibitor.

What markets does BeiGene operate in?

BeiGene operates in major markets including China, the United States, and internationally.

What recent achievements has BeiGene accomplished?

Recent achievements include the FDA and European regulatory approvals for its cancer treatments, significant clinical trial successes, and strategic partnerships.

What are BeiGene’s primary focus areas in oncology?

BeiGene focuses on molecularly targeted and immuno-oncology drugs, addressing targets like BTK and the immune checkpoint protein PD-1.

How does BeiGene contribute to global health equity?

BeiGene contributes to global health equity by developing innovative cancer treatments and forming strategic collaborations to make these therapies more accessible.

What are the financial highlights for BeiGene's latest quarter?

For the latest quarter, BeiGene reported total revenues of $752 million with significant growth in BRUKINSA product sales in the U.S. and Europe.

What is the significance of BeiGene's drug zanubrutinib?

Zanubrutinib is a BTK inhibitor that has shown promising results in treating various cancers, leading to increased market share and regulatory approvals.

What strategic initiatives is BeiGene currently pursuing?

BeiGene is focusing on expanding its global presence, advancing its innovative drug pipeline, and enhancing collaborations to broaden the accessibility of its cancer treatments.

What impact has BeiGene made on cancer treatment accessibility?

BeiGene has made significant strides in making high-quality cancer treatments more accessible globally through innovative drug development and strategic partnerships.

BeiGene, Ltd. American Depositary Shares

Nasdaq:BGNE

BGNE Rankings

BGNE Stock Data

18.87B
87.65M
19.46%
47.93%
0.94%
Biotechnology
Pharmaceutical Preparations
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United States of America
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