Announced
Completed
Financials
Sources
Tags
Completed
Minority
Private
China
Biotechnology
cancer treatment
biotechnology company
Friendly
Cross Border
Acquisition
Single Bidder
Synopsis
Amgen, an American multinational biopharmaceutical company, completed a $2.1bn investment in BeiGene, a biopharmaceutical company focused on developing molecularly targeted and immuno-oncology drug candidates for the treatment of cancer. 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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