Chinese Biotech Beigene to Raise $2.1 Billion in Share Sale

Chinese Biotech Beigene to Raise $2.1 Billion in Share Sale

Source: 
Bloomberg
snippet: 

Chinese biotech company Beigene Ltd. plans to raise $2.1 billion in a direct offering of 145.8 million shares to fund drug research and market its treatments in the U.S. and China, said the Nasdaq-listed company on Monday.