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Amgen’s Expansion Plans in China Underway

The companies will collaborate to advance 20 medicines from Amgen's innovative oncology pipeline in China

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By: Kristin Brooks

Managing Editor, Contract Pharma

Amgen has completed the transaction announced in November 2019 for the strategic collaboration with BeiGene that aims to significantly accelerate and expand Amgen’s oncology presence in China. BeiGene is a research-based, oncology-focused biotechnology company with an established team in China, including 700 in the commercial organization and a 600 in the clinical development organization. As part of the collaboration Amgen will acquire a 20.5% stake in BeiGene for approximately $2.7 billi...

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