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New Deal


Announced

Completed

Amgen completed a $2.1bn investment in BeiGene.

Financials

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Transaction Value£1,647m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Minority

Private

China

Biotechnology

cancer treatment

biotechnology company

Friendly

Cross Border

Acquisition

Single Bidder

Synopsis

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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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