BeiGene Strengthens European Presence With the Opening of Regional Office in Basel, Switzerland & More News Here

CAMBRIDGE, Mass. & BASEL, Switzerland & BEIJING–(BUSINESS WIRE)–BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a worldwide biotechnology firm targeted on creating and commercializing modern medicines worldwide, yesterday introduced the opening of a brand new regional workplace in Basel, Switzerland. BeiGene has constructed a European group, together with business and medical groups, and this new location will function a hub for the firm’s operations in the area.

“The opening in Basel builds upon the tremendous growth of our organization in Europe and will provide a new center for our operations in the region,” mentioned John V. Oyler, Co-Founder, Chairman and CEO at BeiGene. “We have built a terrific team and the skilled talent network in Basel will support our future growth. This is just the beginning – we are on a path to advance our mission to reach more patients with innovative medicines across Europe and globally.”

Founded in 2010, BeiGene now counts a worldwide group of over 8,000 colleagues throughout 5 continents. Currently, BeiGene’s European group consists of greater than 270 colleagues, and the Basel workplace is predicted to initially embrace 150 colleagues. The firm conducts medical trials globally and thus far has enrolled sufferers from greater than 45 international locations, together with 25 international locations in Europe. BeiGene’s BTK inhibitor zanubrutinib was permitted by the European Medicines Agency in November 2021 for remedy of adults with Waldenström’s macroglobulinemia and has subsequently acquired approvals in Great Britain and Switzerland.

On the event of the opening occasion, BeiGene hosted a number of authorities representatives and enterprise leaders from the area discussing the worth of biotechnology leaders like BeiGene to the higher Basel space.

“BeiGene’s presence also represents a great opportunity for the Swiss and particularly the Basel economy to grow and collaborate,” commented Deborah Strub, Member of the Executive Board and Head of the Cluster & Initiatives Department at the Basel Chamber of Commerce. “The life sciences sector is the economic engine of the region. With BeiGene we see opportunities for interesting synergies and exchanges.”

“In a short period of time, our BeiGene colleagues across Europe have already made significant progress toward reaching more patients,” mentioned Gerwin Winter, Head of Europe at BeiGene. “Our new European headquarters in Basel will further strengthen our position and will be a catalyst for changing the lives of European patients.”

In addition to the new Basel workplace, BeiGene has workplaces round the world, with key operations in Cambridge, Massachusetts and Beijing, China.

BeiGene Oncology

BeiGene is dedicated to advancing best- and first-in-class medical candidates internally or with like-minded companions to develop impactful and inexpensive medicines for sufferers throughout the globe. We have a rising R&D and medical affairs group of roughly 2,900 colleagues devoted to advancing greater than 100 medical trials which have concerned greater than 16,000 topics. Our expansive portfolio is directed predominantly by our inner colleagues supporting medical trials in greater than 45 international locations and areas. Hematology-oncology and strong tumor focused therapies and immuno-oncology are key focus areas for the firm, with each mono- and mixture therapies prioritized in our analysis and growth. BeiGene presently has three permitted medicines found and developed in our personal labs: BTK inhibitor BRUKINSA in the United States, China, the EU and U.Ok., Canada, Australia and extra worldwide markets; and the non-FC-gamma receptor binding anti-PD-1 antibody tislelizumab in addition to the PARP inhibitor pamiparib in China.

BeiGene additionally companions with modern firms who share our objective of creating therapies to deal with international well being wants. We commercialize a spread of oncology medicines in China licensed from Amgen, Bristol Myers Squibb, EUSA Pharma and Bio-Thera. We additionally plan to deal with higher areas of unmet want globally via our different collaborations together with with Mirati Therapeutics, Seagen, and Zymeworks. In January 2021, BeiGene and Novartis introduced a collaboration granting Novartis rights to co-develop, manufacture, and commercialize BeiGene’s anti-PD1 antibody tislelizumab in North America, Europe, and Japan. Building upon this productive collaboration, together with a biologics license software (BLA) beneath FDA overview, BeiGene and Novartis introduced an possibility, collaboration and license settlement in December 2021 for BeiGene’s TIGIT inhibitor ociperlimab that’s in Phase 3 growth. Novartis and BeiGene additionally entered right into a strategic business settlement via which BeiGene will promote 5 permitted Novartis Oncology merchandise throughout designated areas of China.

About BeiGene

BeiGene is a worldwide, science-driven biotechnology firm targeted on creating modern and inexpensive medicines to enhance remedy outcomes and entry for sufferers worldwide. With a broad portfolio of greater than 40 medical candidates, we’re expediting growth of our various pipeline of novel therapeutics via our personal capabilities and collaborations. We are dedicated to radically bettering entry to medicines for 2 billion extra folks by 2030. BeiGene has a rising international group of over 8,000 colleagues throughout 5 continents. To study extra about BeiGene, please go to www.beigene.com and comply with us on Twitter at @BeiGeneGlobal.

Forward-Looking Statements

This press launch comprises forward-looking statements inside the which means of the Private Securities Litigation Reform Act of 1995 and different federal securities legal guidelines, together with statements relating to BeiGene’s operations in Europe; the anticipated medical growth, regulatory milestones and commercialization of BeiGene’s medicines and drug candidates; the success of BeiGene’s commercialization efforts and plans to make BeiGene’s medicines extra inexpensive and accessible to sufferers in Europe and globally; and BeiGene’s plans, commitments, aspirations and targets beneath the headings “BeiGene Oncology” and “About BeiGene”. Actual outcomes could differ materially from these indicated in the forward-looking statements consequently of varied essential elements, together with BeiGene’s skill to display the efficacy and security of its drug candidates; the medical outcomes for its drug candidates, which can not assist additional growth or advertising approval; actions of regulatory companies, which can have an effect on the initiation, timing and progress of medical trials and advertising approval; BeiGene’s skill to realize business success for its marketed medicines and drug candidates, if permitted; BeiGene’s skill to acquire and keep safety of mental property for its medicines and expertise; BeiGene’s reliance on third events to conduct drug growth, manufacturing and different providers; BeiGene’s restricted expertise in acquiring regulatory approvals and commercializing pharmaceutical merchandise and its skill to acquire extra funding for operations and to finish the growth of its drug candidates and obtain and keep profitability; and the impression of the COVID-19 pandemic on BeiGene’s medical growth, regulatory, business, manufacturing, and different operations, in addition to these dangers extra totally mentioned in the part entitled “Risk Factors” in BeiGene’s most up-to-date annual report on Form 10-Ok, in addition to discussions of potential dangers, uncertainties, and different essential elements in BeiGene’s subsequent filings with the U.S. Securities and Exchange Commission. All info in this press launch is as of the date of this press launch, and BeiGene undertakes no obligation to replace such info until required by regulation.

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