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BeiGene Launches Proposed Public Offering by Selling Shareholders Cambridge, Mass. and Beijing, China

Key Takeaway: BeiGene Launches Proposed Public Offering by Selling Shareholders Cambridge, Mass. and Beijing, China, December 1, 2020 - BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused on developing and commercializing innovative medicines worldwi

Full Press Release Details

BeiGene Launches Proposed Public Offering
by Selling Shareholders
Cambridge, Mass. and Beijing, China,
December 1, 2020 - BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused
on developing and commercializing innovative medicines worldwide, today announced the commencement of an underwritten public offering
of 1,511,546 American Depositary Shares ("ADSs"), each representing 13 of its ordinary shares, par value $0.0001 per
share, by fund partnerships affiliated with Baker Bros. Advisors LP (the "Selling Shareholders"). The Selling Shareholders
also intend to grant the underwriter a 30-day option to purchase up to an additional 151,154 ADSs. BeiGene will not receive any
of the proceeds from the sale of the shares being offered by the Selling Shareholders but will bear certain expenses incident to
this offering (excluding underwriting discounts and commissions).
Goldman Sachs & Co. LLC is acting
as the underwriter for the offering. The offering is subject to market and other conditions, and there can be no assurance as to
whether or when the offering may be completed or as to the actual size or terms of the offering.
An automatically effective shelf registration
statement on Form S-3 was filed with the Securities and Exchange Commission ("SEC") on May 11, 2020. The
proposed offering will be made only by means of a prospectus and prospectus supplement. A copy of the preliminary prospectus supplement
relating to this offering may be obtained, when available, by visiting the SEC's website at www.sec.gov or by contacting
the offices of Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone:
1-866-471-2526 or by emailing prospectus-ny@ny.email.gs.com. The final terms of the offering will be disclosed in a final prospectus
supplement to be filed with the SEC.
This press release shall not constitute
an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities
in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification
under the securities laws of any such state or jurisdiction.
BeiGene is a global, commercial-stage biotechnology
company focused on discovering, developing, manufacturing, and commercializing innovative medicines to improve treatment outcomes
and access for patients worldwide. Our 4,700+ employees in China, the United States, Australia, Europe, and elsewhere are committed
to expediting the development of a diverse pipeline of novel therapeutics. We currently market two internally discovered oncology
products: BTK inhibitor BRUKINSA (zanubrutinib) in the United States and China, and anti-PD-1 antibody tislelizumab in China.
We also market or plan to market in China additional oncology products licensed from Amgen Inc., Celgene Logistics S rl,
a Bristol Myers Squibb (BMS) company, and EUSA Pharma.
Note Regarding Forward-Looking
This press release contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including BeiGene's
current intentions, expectations or beliefs regarding the offering of ADSs representing ordinary shares, including its expectations
regarding the completion, size or terms of the offering, and BeiGene's plan to market additional oncology products in China.
These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "likely," "outlook," "plan,"
"potential," "project," "projection," "seek," "can," "could," "may,"
"should," "would," "will," the negatives thereof and other words and terms of similar meaning. Forward-looking
statements include all statements that are not historical facts. Such forward-looking statements are subject to various risks and
uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially
from those indicated in these statements. There is no assurance that any forward-looking statements will materialize. You are cautioned
not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. BeiGene does not undertake
any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments,
Investor Contact Media Contact
Craig West Liza Heapes or Vivian Ni
+1 857-302-5189 +1 857-302-5663 or +1 857-302-7596
ir@beigene.com media@beigene.com
Last updated: Dec 1, 2020