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BRIEF-Ambrx And Beigene Announce Global Research And Development Collaboration To Develop Next-Generation Biologics

March 6 (Reuters) - Beigene Ltd:

* AMBRX AND BEIGENE ANNOUNCE GLOBAL RESEARCH AND DEVELOPMENT COLLABORATION TO DEVELOP NEXT-GENERATION BIOLOGICS

* BEIGENE LTD - UNDER TERMS, AMBRX WILL RECEIVE AN UPFRONT PAYMENT OF US$10 MILLION TO FUND INITIAL DISCOVERY AND RESEARCH ACTIVITIES

* BEIGENE LTD - AMBRX TO ALSO RECEIVE ADDITIONAL UPFRONT PAYMENTS OF UP TO US$19 MILLION IF BEIGENE ELECTS TO INITIATE ADDITIONAL PROGRAMS

* BEIGENE - AMBRX ELIGIBLE TO RECEIVE POTENTIAL DEVELOPMENT, REGULATORY, SALES-BASED MILESTONE PAYMENTS UP TO AN AGGREGATE OF $446 MILLION FOR ALL PROGRAMS Source text for Eikon: Further company coverage: