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0 0 0.0126582278481013 0.0285443037974683 0.00316455696202532 0.0168987341772153 0.0685126582278482 0.0706962025316457
Stock impact report

Week In Review: Alphamab Raises $234 Million In Hong Kong IPO; Climbs 35% In First Trading Session [Seeking Alpha]

BeiGene, Ltd. - American Depositary Shares (BGNE) 
Last beigene, ltd. - american depositary shares earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
Summary Alphamab Oncology raised $234 million in a Hong Kong IPO and traded 35% higher from its offering price to a market cap of $1.2 billion. AstraZeneca was authorized to market Imfinzi (durvalumab), its PD-L1 immunotherapy, in China as a treatment for patients with unresectable, Stage III non-small cell lung cancer. BeiGene of Beijing released positive clinical results from three trials of its BTK inhibitor Brukinsa at this year's American Society of Hematology Meeting. Deals and Financings Alphamab Oncology (HK: 9966) - KN046 (PD-L1/CTLA4) and KN026 (HER2) - in Phase II tests. It has eight biologics in development. About half of the proceeds will be used to support clinical development of KN046 for various solid tumors. Alphamab Oncology was spun out from Alphamab last year. JOINN Biologics, a US-China biologics CDMO, 3SBio (HK:1530) of Shenyang invested $15.2 million in Zurich's Numab Therapeutics B round and will, in return, have rights to develop up to five novel Numab multi-s Show less Read more
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