8-KOther Events

BeOne Medicines Ltd. 8-K Report, Corporate Update (Aug 27, 2020)

Filed August 27, 2020For Securities:ONCBEIGF

Summary

BeiGene, Ltd. (ONC) announced on August 27, 2020, an exclusive license agreement with Singlomics, a biotech company specializing in antibody drug discovery. This agreement grants BeiGene the global rights, excluding greater China, to develop, manufacture, and commercialize Singlomics' investigational anti-COVID-19 antibodies, specifically DXP-593 and DXP-604. Singlomics identified these potent antibodies through high-throughput single-cell sequencing of convalescent blood samples from COVID-19 survivors. Pre-clinical studies have demonstrated the antibodies' high efficacy in neutralizing SARS-CoV-2. This collaboration positions BeiGene to advance potential treatments for COVID-19, leveraging Singlomics' advanced technology and discovery capabilities.

Key Highlights

  • 1BeiGene secures exclusive global license (ex-Greater China) for two investigational anti-COVID-19 antibodies, DXP-593 and DXP-604.
  • 2The antibodies were discovered by Singlomics using advanced single-cell sequencing technology.
  • 3Pre-clinical studies indicate high potency in neutralizing the SARS-CoV-2 virus.
  • 4This strategic move strengthens BeiGene's pipeline in infectious disease therapeutics.
  • 5The agreement provides BeiGene with rights to develop, manufacture, and commercialize the antibodies globally (ex-Greater China).

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