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Expect a productive 2024 for early pipeline assets
BGNEBeiGene(BGNE) 招银国际·2024-02-28 16:00

M N 27 Feb 2024 CMB International Global Markets | Equity Research | Company Update BeiGene (BGNE US) Expect a productive 2024 for early pipeline assets  Strong sales momentum of zanubrutinib eased market concerns. In 4Q23, Target Price US268.20BeiGenerecordedtotalproductsalesofUS268.20 BeiGene recorded total product sales of US631mn (+6% QoQ or +86% YoY). (Previous TP US295.67)Zanubrutinib(zanu)maintainedstrongsalesmomentum,withrevenueincreasingUp/Downside67.4295.67) Zanubrutinib (zanu) maintained strong sales momentum, with revenue increasing Up/Downside 67.4% 15% QoQ or 135% YoY to US413mn, mainly driven by market share gains in ...