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Stock impact report

BeiGene: Nearing Profitability On TEVIMBRA Approval In The EU And US [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
MRK ABBV Brendan O'Boyle 1.37K Follower s Follow Summary BeiGene's TEVIMBRA was just approved by the European Commission. The drug is poised to enter the EU and just reached the US market in October. BeiGene's revenue per share has grown significantly, with TEVIMBRA and BRUKINSA poised to drive the company towards profitability within 12-18 months. Analysts project BeiGene's revenues to reach $4.64 billion next year. On projected profitability the company is a strong buy with a 12-month price target of $293/share. Despite risks, BeiGene's innovative pipeline and strategic market expansions make it a compelling aggressive growth stock with substantial upside potential. Sergii Kolesnikov/iStock via Getty Images BeiGene Ltd. (NASDAQ: BGNE ), a global oncology company, announced on Wednesday that the European Commission has approved TEVIMBRA ® (tislelizumab) in combination with chemotherapy as a first-line therapy for patients suffering from either This article was Show less Read more
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