BeiGene makes Vidaza commercially available in China
Chinese biopharma firm BeiGene (Nasdaq: BGNE) today announced the commercial availability of Vidaza (azacitidine for injection) in China.
Vidaza is a nucleoside metabolic inhibitor and was approved in China for patients with Intermediate-2/high-risk myelodysplastic syndrome (MDS), acute myeloid leukemia (AML) with 20-30% bone marrow blasts and chronic myelomonocyte leukemia (CMML).
Under the terms of a deal signed in July 2017, BeiGene acquired Celgene’s (Nasdaq: CELG) commercial operations in China and gained an exclusive license to commercialize Celgene’s approved therapies in China - Abraxane (paclitaxel protein-bound particles for injectable suspension) (albumin-bound), Revlimid (lenalidomide) and Vidaza, which generated global sales of $901 million for the US biotech firm in 2017.
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