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Announced

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Amgen completed a $2.1bn investment in BeiGene.

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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