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BGNE BeiGene Ltd

162.54
-0.73 (-0.45%)
27 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BeiGene Ltd NASDAQ:BGNE NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.73 -0.45% 162.54 158.70 166.50 165.50 161.70 163.82 101,487 01:00:00

Beigene Says FDA Defers Action on BLA Due to Covid Travel Restrictions

14/07/2022 11:48am

Dow Jones News


BeiGene (NASDAQ:BGNE)
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By Will Feuer

 

Oncology biotechnology company Beigene Ltd. said the U.S. Food and Drug Administration has deferred action on the company's Biologics License Application for its esophageal cancer treatment due to Covid-19 travel restrictions in China.

The FDA has been unable to conduct required inspections in China due to restrictions there, the company said. As a result, the agency is deferring action on the application until the inspections are complete.

The company's application for a biologics license for its monoclonal antibody tislelizumab to be used as a second-line treatment for patients with metastatic esophageal squamous cell carcinoma remains under review, it said.

"We are working with our partner, Novartis, to facilitate the required inspections and bring tislelizumab to patients with second-line esophageal cancer in the U.S. following regulatory approval," Beigene Chairman and Chief Executive John Oyler said.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

July 14, 2022 06:33 ET (10:33 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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