BeiGene (Beijing) Co. Ltd. struck it big through its recent deal with Celgene Corp., worth up to $1bn, for the PD-1 checkpoint inhibitor BGB-A317, the biggest ever such transaction for a Chinese biotech company. (Also see "Celgene Eyes IO Growth With BeiGene China Pact" - Scrip, 6 July, 2017.)
Beigene's CFO and Chief Strategy Officer Howard Liang outlines the drivers behind the transaction and the company's plans for immuno-oncology development in a highly competitive field, both abroad and in China, in
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