other material
confidence high
sentiment neutral
materiality 0.50
BeiGene reports 2022 revenue of $1.42B, R&D spend $1.64B in STAR Market filing
BeOne Medicines Ltd.
- Total revenue $1.416B (2021: $1.176B); China revenue $840M (67.1% margin), Ex-China $576M (98.3% margin).
- R&D expenses $1.641B vs $1.459B in 2021; key product spend: Zanubrutinib $127M, Tislelizumab $88.9M, Ociperlimab $106.6M.
- Production/sales/inventory: 3.28M vials produced, 2.67M sold, 1.54M in stock as of Dec 31, 2022.
- Filed PRC GAAP vs U.S. GAAP reconciliation; differences in share-based comp (accelerated vs straight-line) and lease accounting.