Details are scarce about the partners' plans to improve health care and reduce its cost for their US employees, yet markets shuddered at the news of this alliance. Considering the rumblings about [Amazon.com Inc.]'s move into health care and the collective clout of these three companies, one might anticipate an impact that reaches beyond their employee base.
In a month that saw several notable follow-on public offerings, BeiGene (Beijing) Co. Ltd.'s stood out. The Beijing-based immuno-oncology...