earnings
confidence high
sentiment neutral
materiality 0.50
BeOne Medicines discloses H1 2026 R&D spend of $1.15B, up 14.6% YoY
BeOne Medicines Ltd.
2026-Q2 EPS reported
$0.31
revenue$3,218,509,000
- Total R&D expense $1,153.5M in H1 2026 vs $1,006.8M in H1 2025, up 14.6% YoY.
- BRUKINSA R&D fell 33% to $42.7M from $63.0M; TEVIMRA down to $37.1M from $40.3M.
- BEQALZI (sonrotoclax) R&D $74.0M, down 21%; BGB-43395 CDK4 inhibitor surged to $22.7M vs $9.9M.
- Early-stage spend jumped: BGB-58067 $11.1M vs $1.9M, BG-C9074 $8.2M vs $2.4M, tacabrutideg $44.3M vs $26.9M.
- External R&D $435.1M vs $400.3M; internal R&D $718.4M vs $606.5M a year ago.