Theratechnologies Inc T.TH

Chinese partner

[Bucknelly21]

Looking at linkden this morning, Paul looks to be connected to a company called beigene, could this be a possible partner?

[palinc2000]

[palinc2000]

[palinc2000]

Stockhouse wontt let me reply in Chinese

[longterm56]

"beigene" ?  clever name, I wonder if they are located in Beijing???    -LT

[SPCEO1]

Nice find! BGNE is a cancer focused company listed on NASDAQ, headquartered in Beijing and has a $25 billion market cap.It has $3.9 bilion in cash but is burning through that reasonably quickly ($888 million cash burn in the last twelve months). Its stock is covered by 17 brokers including virtually all the top tier brokers. BGNE would be able to easily sign a partnership deal for a meaningful

[SPCEO1]

JP Morgan picked up coverae on 1/12/22 - here is the first page from their report: We initiate coverage on the A-share of BeiGene (BGNE) with a DCF-derived PT of Rmb238 and OW rating. Concurrently, we assume coverage of the H-share and ADR of the company both at OW with respective PTs of HK$222 and US$370. BeiGene is a commercial-stage biopharmaceutical company with proven capabilities

[Bucknelly21]

I almost felt like this was to coincidental to not have meaning 

[qwerty22]

I think Beigene are seen by some as the most likely to become a global Pharma company. Something from China to eventually compete with the Pfizers of this world. Many seem to see them as the most legitimate of the up-and-coming Chinese biotech. It would be about as good as it could be to have them onboard. I'm going to say I'll remain sceptical until something materializes. It's likely