BeiGene (BGNE) IPO Opens Up 20%
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BeiGene Announces Pricing of Its Initial Public Offering
February 2, 2016 9:30 PM ESTBEIJING, Feb. 2, 2016 (GLOBE NEWSWIRE) -- BeiGene, Ltd. ("BeiGene" or "the Company"), a clinical-stage biopharmaceutical company focused on developing molecularly-targeted and immuno-oncological drugs for the treatment of cancer, today announced the pricing of its initial public offering of 6,600,000 American Depositary Shares ("ADSs"), each representing 13 of its ordinary shares, par value $0.0001 per share, at an initial public offering price of $24.00 per ADS, before underwriting discounts. In addition, BeiGene has granted the underwriters a 30-day option to purchase up to an additional 990,000 ADSs at the initial public offering price. All of the ADSs are being offered by BeiGene.... More
