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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 announced positive results from clinical trials involving its PARP inhibitor, pamiparib, aimed at treating HER2-negative breast cancer and gastric cancer. The Phase 2 trial for HER2-negative breast cancer showed a confirmed objective response rate of 61.9% for HR(+) patients and 38.2% for TNBC patients. Although pamiparib showed a numerically higher progression-free survival in gastric cancer, it did not achieve statistical significance due to lower than expected enrollment. The company remains optimistic about pamiparib's potential in improving patient outcomes.

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BeiGene announced positive interim results from the Phase 3 ALPINE trial, which compares BRUKINSA to ibrutinib in patients with relapsed or refractory chronic lymphocytic leukemia (CLL) or small lymphocytic lymphoma (SLL). The trial included 415 patients, with BRUKINSA showing non-inferiority in objective response rate (ORR) and statistically significant lower risk of atrial fibrillation compared to ibrutinib. The results will be presented at EHA2021, with further details discussed in an investor call.

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BeiGene announced that its Phase 3 RATIONALE 309 trial evaluating tislelizumab, an anti-PD-1 antibody, in combination with chemotherapy for recurrent or metastatic nasopharyngeal cancer (NPC) successfully met its primary endpoint of progression-free survival (PFS). The interim analysis indicated a statistically significant improvement in PFS compared to chemotherapy alone. The trial included 263 patients, and the safety profile of tislelizumab remained consistent. This marks the fifth positive Phase 3 readout for tislelizumab, emphasizing its potential as a differentiated treatment option.

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BeiGene, Ltd. (NASDAQ: BGNE) announced the presentation of clinical results at the 2021 ASCO Annual Meeting from June 4-8, showcasing advancements in its cancer treatment portfolio. Key highlights include initial reports from Phase 3 and Phase 2 trials of tislelizumab in various cancers and ongoing evaluations of next-generation BTK inhibitor, BRUKINSA. The company emphasizes its commitment to health equity and innovative treatments aimed at improving patient access and affordability. Presentations will be available starting June 4 at 9:00 a.m. ET via ASCO Digital Program.

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BeiGene announced that the FDA has accepted a supplemental new drug application for BRUKINSA (zanubrutinib) aimed at treating adult patients with marginal zone lymphoma (MZL) who have undergone at least one prior anti-CD20 therapy. The FDA has prioritized the review, with a target action date set for September 19, 2021. This marks a significant step as MZL lacks a clear standard of care, affecting over 2,000 patients annually in the U.S. Clinical trials demonstrated promising efficacy and safety for BRUKINSA.

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BeiGene, Ltd. (NASDAQ: BGNE) announced that key clinical results from its hematology program will be showcased at the EHA2021 Virtual Congress from June 9-17, 2021. The data includes promising results from the ALPINE and ASPEN trials, highlighting BRUKINSA's efficacy and tolerability across multiple B-cell malignancies. Additionally, long-term efficacy data for tislelizumab in classical Hodgkin’s lymphoma will be presented. New preliminary data for the BCL-2 inhibitor BGB-11417 is also anticipated. These updates aim to enhance patient outcomes and address unmet medical needs.

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BeiGene, Ltd. (NASDAQ: BGNE) has received conditional approval from China's NMPA for pamiparib, a PARP inhibitor for gBRCA mutation-associated recurrent ovarian cancer post-chemotherapy. This marks BeiGene's third internally developed medicine to gain marketing authorization. The approval follows a pivotal Phase 2 trial showing an objective response rate of 68.3% for platinum-sensitive cases and 31.6% for platinum-resistant cases. Pamiparib is set to launch this month, and further trials are ongoing for additional indications.

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BeiGene reported strong Q1 2021 results with a 104% increase in global product revenue to $106.1 million. Total revenue surged to $605.9 million, driven by a $650 million upfront payment from Novartis and positive outcomes from the ALPINE trial for BRUKINSA. The company achieved significant growth in China following NRDL inclusion for tislelizumab, BRUKINSA, and XGEVA. Net income stood at $66.5 million, a turnaround from last year's loss of $363.7 million. Cash and short-term investments totaled $4.8 billion.

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BeiGene (NASDAQ: BGNE) reported positive interim results from the Phase 3 ALPINE trial, comparing BRUKINSA® (zanubrutinib) with ibrutinib in adults with relapsed or refractory chronic lymphocytic leukemia (CLL) or small lymphocytic lymphoma (SLL). BRUKINSA met the primary endpoint, showing non-inferiority in objective response rate (ORR) (p < 0.0001), and a statistically significant superior ORR compared to ibrutinib (p = 0.0006). Safety analysis indicated a lower risk of atrial fibrillation with BRUKINSA. The trial is ongoing with future assessments planned for progression-free survival.

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BeiGene (NASDAQ: BGNE) has announced promising results from the interim analysis of its Phase 3 RATIONALE 303 trial, comparing the efficacy of its anti-PD-1 antibody, tislelizumab, to docetaxel in patients with advanced or metastatic non-small cell lung cancer (NSCLC). The trial showed an overall survival (OS) median of 17.2 months for tislelizumab versus 11.9 months for docetaxel, with significant improvements across various metrics. These findings support a supplemental biologics application currently under regulatory review in China.

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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 $176.5 as of December 20, 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 19.0B.

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

18.99B
87.65M
19.46%
47.93%
0.94%
Biotechnology
Pharmaceutical Preparations
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