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BeiGene, Ltd. American Depositary Shares - BGNE STOCK NEWS

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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 (NASDAQ: BGNE) announced that the RATIONALE 306 Phase 3 trial of tislelizumab in combination with chemotherapy achieved a statistically significant improvement in overall survival for patients with previously untreated advanced esophageal squamous cell carcinoma (ESCC) compared to placebo. The safety profile was consistent with earlier studies, showing that no new safety issues arose. Tislelizumab is currently under review by the FDA and EMA for multiple indications, and the positive results from RATIONALE 306 advance its potential as a standard treatment for ESCC.

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BeiGene has launched its Change Is the Cure™ global ESG strategy, emphasizing affordable medicines and improved treatment access. The strategy includes five focus areas: Advancing Global Health, Empowering People, Innovating Sustainably, Supporting Communities, and Operating Responsibly. Highlights from the 2021 ESG report reveal 50 clinical candidates, 16 approved products in China, and ongoing initiatives for diversity and environmental impact reduction. The company aims to radically improve global access to medicines for two billion people by 2030.

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Biocytogen Pharmaceuticals has partnered with BeiGene to license its RenMab™ and RenLite™ mice platforms for the development of fully human monoclonal antibodies. These advanced mouse models, which have been developed over five years, enable high-affinity, specific antibody generation essential for innovative drug development. BeiGene aims to enhance its drug discovery capabilities and improve patient access to affordable medicines. Biocytogen, with a robust pipeline of 12 core products, is committed to advancing antibody-based therapies.

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BeiGene (NASDAQ: BGNE) has announced a new grant to Crossroads4Hope, a New Jersey-based cancer support organization, aimed at expanding their psychosocial support programs. This partnership aligns with BeiGene's commitment to enhancing cancer treatment accessibility, particularly as they establish a new clinical R&D and manufacturing site in Hopewell, N.J. Crossroads4Hope has assisted over 17,350 individuals since its inception, providing no-cost services to those affected by cancer. This initiative showcases BeiGene's dedication to community involvement and improving patient outcomes.

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BeiGene reported updated results from the Phase 3 RATIONALE-309 trial of tislelizumab combined with chemotherapy for recurrent/metastatic nasopharyngeal cancer. At a median follow-up of 15.5 months, the combination showed a significant progression-free survival (PFS) benefit of 9.6 months compared to 7.4 months for the control group. The trial’s findings suggest that tislelizumab may become a standard first-line treatment. The safety profile remained manageable. The drug’s regulatory pathway is supported by planned filings in the U.S. and Europe for first-line treatment.

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BeiGene has received approval from the China National Medical Products Administration (NMPA) for tislelizumab, its anti-PD-1 antibody, as a treatment for patients with advanced or metastatic esophageal squamous cell carcinoma (ESCC) who experience disease progression or are intolerant to first-line chemotherapy. This marks the eighth approved indication for tislelizumab in China. The approval is based on positive results from the global Phase 3 trial, RATIONALE 302, which demonstrated significant improvements in overall survival. Tislelizumab is also under review by the FDA and EMA.

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BeiGene announced final results from the Phase 3 ALPINE trial, confirming that its BTK inhibitor, BRUKINSA, shows superior efficacy compared to ibrutinib in treating relapsed or refractory chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL). In the trial, BRUKINSA achieved an overall response rate (ORR) of 80.4% versus 72.9% for ibrutinib (p=0.0264). Additionally, BRUKINSA demonstrated a lower incidence of atrial fibrillation (4.6% vs. 12.0%) and fewer treatment discontinuations due to adverse events (13.0% vs. 17.6%). The next planned analysis will focus on progression-free survival.

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BeiGene has announced upcoming presentations at the AACR Annual Meeting 2022, highlighting results from subanalyses of the Phase 3 studies RATIONALE-303 and RATIONALE-304 regarding tislelizumab for treating non-small cell lung cancer (NSCLC). These presentations aim to elucidate patient characteristics that may enhance treatment responses. Currently, BeiGene is involved in extensive clinical trials, with 17 Phase 3 and 4 pivotal Phase 2 trials underway, showcasing tislelizumab's potential in solid tumors and enhancing treatment outcomes globally.

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BeiGene announced that marketing authorization applications (MAA) for tislelizumab, an anti-PD-1 antibody, have been validated for review by the European Medicines Agency (EMA). These applications, submitted by Novartis, target patients with advanced esophageal squamous cell carcinoma (ESCC) and non-small cell lung cancer (NSCLC). Clinical trials demonstrated significant improvements in overall and progression-free survival. The MAA submission for NSCLC is based on results from three trials involving 1,499 patients and supports continuous collaboration with Novartis.

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858 Therapeutics has announced key leadership changes to enhance its growth trajectory. Jane Huang, M.D., joins as an independent director, bringing extensive oncology experience from BeiGene. Sanjay Trehan is appointed as SVP of Business Development, having held significant roles at Genentech and Sanofi. Gretchen Bain, Ph.D., is promoted to SVP of Biology, recognizing her contributions since the company’s inception. These changes are aimed at advancing its oncology-focused therapeutic portfolio.

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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 $189.23 as of November 15, 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 19.9B.

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

19.88B
1.25B
19.48%
49.53%
1.42%
Biotechnology
Pharmaceutical Preparations
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