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Fly News Breaks for March 15, 2019
BGNE
Mar 15, 2019 | 08:36 EDT
BofA/Merrill analyst Yang Huang initiated BeiGene with a Buy and $200 price target given its strong pipeline with two major cancer drugs, and a best-in-class BTK inhibitor of zanubrutinib. Huang expects zanubrutinib to have peak worldwide sales of $2B and for BeiGene to become a large-cap global biotech company.
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