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中国

BRIEF-Beigene and Guangzhou development district establish joint venture to build Biologics manufacturing facility

March 7 Guangzhou Development Group Inc

* Beigene and Guangzhou development district establish joint venture to build Biologics manufacturing facility

* Beigene Ltd - expected direct investments total RMB 2.2 billion

* Beigene Ltd - JV will also provide funding for research and development of Biologic drug candidates in China

* Beigene - for additional funding, manufacturing factory subsidiary of JV company expected to secure commercial loans of RMB 1 billion or $150 million

* Beigene Ltd - cash contributions to Beigene Biologics consist of RMB 200 million from Beigene HK and a total of rmb 1 billion from GET Source text for Eikon: Further company coverage:

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