The analyst sees the recent market downturn, which resulted in a 45% decrease in BeiGene shares compared to the Nasdaq Biotechnology Index (+1%), as a chance for investors to engage in potential upside.
The optimism stems from the promising outlook of BeiGene’s pipeline and the strong performance of its flagship blood cancer drug, Brukinsa, which may exceed expectations.
JP Morgan has moved from a Not Rated designation to an Overweight rating, with a price target of $185.
JP Morgan writes that recognized as a best-in-class Bruton’s kinase inhibitor (BTKi), Brukinsa received approval in Chronic Lymphocytic Lymphoma (CLL) in January 2023.
The approval is deemed a significant opportunity, projecting approximately 150% year-over-year growth in the U.S. Brukinsa sales in 3Q23, with expectations for the product to reach nearly $5 billion over time.
BeiGene’s PD-1 inhibitor, Tevimbra (tislelizumab), approved for multiple indications in China, has gained attention. Following the recent regaining of commercial rights in the U.S., EU, and other regions from Novartis AG
, Tevimbra presents a potential incremental opportunity for BeiGene.
While not expected to disrupt prevailing market shares significantly, even a modest share of the PD-1/PD-L1 market in the U.S. and Europe could contribute positively.
BeiGene strategically positions Tevimbra, leveraging it as a backbone therapy for combinations with other pipeline assets.
Maria Manaura, 32, who’s been arrested at least eight times in the six months since she arrived from Venezuela, is living at the Row NYC Hotel, once hailed for its unbeatable Times Square location and front-row view of the Theater District.
Manaura was busted again last week for snatching a woman’s cellphone on the No. 6 train.
She was charged with grand larceny and resisting arrest, but instead of locking her up, Judge Jay Weiner granted supervised release, likely in time for her to make it back to the hotel and another prepared meal paid for by you and me. It’s sickening.
Migrants like Manaura who rack up clashes with police should be made ineligible for the city’s largesse.
Handing out hotel rooms and free meals to repeat thugs makes it easier for them to commit crimes and makes us patsies.
The Democratic Party is turning New York City into a Shangri-la for international theft rings and migrants here to rob and burglarize.
Taxpayers foot the bill for the thieves’ hotel accommodations plus three meals a day, a long list of other benefits, even free bus tickets if they have to skip town in a hurry.
If you’re a criminal, what’s not to like?
This stupidity isn’t new. For more than a year, New York City has coddled criminal migrants with long rap sheets, sheltering and feeding them while they continue their crime sprees.
A full year ago, announcing the arrests of migrants who stole $12,489 worth of goods from Macy’s Roosevelt Field, Nassau County Police Commissioner Patrick Ryder warned about “ongoing organized theft groups that are being sent up here for the purpose to commit crimes here.”
Two of the men arrested lived at the Watson Hotel on West 57th Street, courtesy of taxpayers.
Fast forward to the migrants who beat down two NYPD officers in Times Square Jan. 27.
This started as a retail crime.
That evening, a gang of migrants had just raided Aldo’s, grabbing handbags and running, as they did daily, when they were interrupted by the police.
Many of the seven assailants arrested had numerous prior run-ins with the law.
They operated on mopeds and scooters, doing organized retail theft, according to John Miller, former NYPD deputy commissioner of intelligence and counterterrorism.
Here’s the kicker: They were living in city shelters.
Taxpayers were providing these career criminals with a roof over their heads and meals.
We’re the suckers.
In 2022, Immigration and Customs Enforcement launched a crackdown on international retail-theft rings.
Rep. August Pfluger (R-Texas) told a House hearing in December that international crime rings are exploiting President Biden’s open borders and heading to blue states with soft-on-crime policies like releasing suspects without bail and deeming thefts of fewer than $1,000 misdemeanors, not felonies.
Miller said retail-theft gangs based in Florida come to New York, where the pickings are good and the risk of going to jail is minimal.
If they robbed stores in Florida, they’d be locked up.
Even so, nothing matches the sweetheart deal criminally inclined migrants get in the Big Apple.
And it’s only getting sweeter.
Last week, Mayor Adams inked contracts for $137 million for more hotel rooms for migrants and announced the city will hand out debit cards — worth up to $1,000 a month — allowing migrants to buy food that’s culturally appealing.
That gives migrants the same purchasing power as low-income New Yorkers who are here legally.
Migrants will have to sign an affidavit they will spend the funds only on food and baby supplies.
That’s a laugh.
But there’s nothing funny about an invasion of career criminals posing as asylum seekers.
New York has a heart, but it’s time New York used its brain.
Betsy McCaughey is a former lieutenant governor of New York.
The Washington Post reports that the Biden Justice Department does not plan to pursue criminal charges against President Biden for his mishandling of classified documents.
The DoJ is reportedly preparing to release a special counsel report in coming days that will be critical of President Biden and his aides for mishandling classified documents in Biden's private home and former office and this WaPo report appears to be the mainstream media foaming the runway as this report crash-lands at the feet of a Republican Congress. WaPo writes:
"While the facts of the Biden case appear to have major differences from the Trump case, Hur's conclusions are likely to face intense scrutiny from Republicans in Congress."
And so, with the actual report's imminent release, WaPo felt the need to spend a few thousand more words to provide talking points to the base on why it's different for Biden... except they really didn't - aside from to claim that Trump 'intentionally misled or delayed' his response on the classified docs (that as president he was allowed to declassify), while they appear to claim - by explaining each of the various locations where Biden's classified documents were discovered, that is was merely a mistake by a bumbling old fart and his aides
About 10 documents from Biden's time as vice president were found Nov. 2, 2022, when lawyers for Biden were cleaning out his private office at the Washington-based Penn Biden Center for Diplomacy and Global Engagement, a think tank Biden started with the University of Pennsylvania after his tenure as vice president.
The attorney, Pat Moore, found the documents in a small closet and called White House lawyers, who contacted the National Archives and Records Administration, the federal agency responsible for storing and preserving presidential records.
...
In December 2022, legal representatives for Biden searched his home in Wilmington, Del., and found a "small number" of records with classified markings in the garage, the White House has said.
Biden's vacation home in Rehoboth Beach, Del., also was searched, but no classified material was found there, the White House has said.
In January, lawyers found another potential record with classified markings at the Wilmington residence, in a room adjacent to the garage.
Biden's personal attorneys arranged for the Justice Department to take possession of the material.
Biden aides, speaking on the condition of anonymity to discuss the investigation, have said they believe the documents unintentionally ended up at Biden's home and office because of sloppy staff work.
Later in the WaPo report, the cover is provided very transparently: "the Trump investigation seems significantly different from the Biden investigation.
"...more importantly, federal prosecutors came to suspect Trump was deliberately misleading them and hiding some highly sensitive papers even after he received a grand jury subpoena demanding their return.
Showing willful intent to mishandle national security secrets is often a key factor in charging decisions involving classified papers...
Trump is accused of deliberately trying to mislead investigators as they demanded the government documents back.
He is scheduled to stand trial on those charges in Fort Pierce, Fla., in May,..."
Finally, we are reminded of Trump Special Counsel Jack Smith's comments in his press conference announcing the criminal charges against Trump last year:
“We have one set of laws in this country, and they apply to everyone….Nothing more, nothing less.”
We passed the American Rescue Plan, which put $1,400 into people’s pockets. (Applause.) And on top of that, they got a $300 check per child, per family, per month for hardworking families. (Applause.) Over 300,000 — there were 380,000 families in Nevada benefited until the — our friends on the other side wiped it out.
The Supreme Court of the United States blocked me, but they didn’t stop me. (Applause.) I found another way to help more than 3,700,000 people with $130 billion of relief and cou- –and counting.
There were several existing programs that the bureaucracy wasn’t pushing, including one of th- — it’s called Public Servants — like teachers, firefighters. Public Servants. (Applause.) So, I fixed the program to deliver relief for public servants — teachers, nurses, firefighters, social workers, and so on. (Applause.)
And guess what? Some of you are getting notices right now. You’re going to get another student cut. And this time, you’re going to not have any doubt about who sent it to you. It’s going to have my name on it: Biden. (Applause.) No, I mean it, because we got another $25 billion a year.
And guess what? It’s — not only is it a good thing to do, it drows [sic] the economy — it grows the economy. It’s not costing people. Guess what? When you’re able to eliminate that — how many of you have had your student debt eliminated? (Applause.)
Well, some of you had student debt eliminated for over $100,000.
AUDIENCE MEMBER: That’s right! Right here!
$130 Billion and Counting, Costs Nothing
There you have it folks, $130 billion with another $25 billion smack in the face of a smack down ruling by the Supreme Court, costs “nothing”.
And as a reelection campaign advertisement, the notice “is going to have my name on it: Biden.” Now, ain’t that special?
Here’s free money, now vote for me. And best of all, it doesn’t cost anything.
Members of the notorious MS-13 gang, as well as several terrorists, including one linked to al-Qaeda and another to Tren de Aragua, Venezuela’s largest criminal organization, have recently been arrested by immigration officials in U.S. cities, including Baltimore, Philadelphia, Minneapolis, and Chicago.
According to U.S. Immigration and Customs Enforcement (ICE) records, they were all living in the United States illegally and were released by detention centers under the Biden administration despite previous convictions for violent crimes, including murder.
The latest arrest occurred just last week, involving an MS-13 gang member from El Salvador who had been convicted in 2023 of being an accessory after the fact in a first-degree murder case and was sentenced to five years in prison.
According to Darius Reeves, acting field director of ICE’s Enforcement and Removal Operations (ERO) in Baltimore, a Montgomery County Circuit Court judge suspended most of his sentence, ignored an immigration detainer issued against the Salvadoran national, and instead ordered his release into the general public.
“This unlawfully present Salvadoran gang member’s presence in the United States represents a threat to the safety and security of our residents,” Mr. Reeves stated. “Not only is he a validated member of a notorious criminal enterprise, but he also aided other criminals in the commission of a murder. ERO Baltimore will continue to apprehend and remove such criminal elements from our Maryland communities.”
An ICE spokesman told The Epoch Times that the name of the 30-year-old MS-13 gang member, who initially entered the United States illegally near Falfurrias, Texas, is being withheld pending a removal order, as mandated by federal law.
Two days after the MS-13 gang member’s arrest, Patrick Lechleitner, President Biden’s acting ICE director, admitted that last year, a Somali terrorist from the Islamic military group al-Shabaab was accidentally released after being found living illegally in the United States. He had been freely roaming until his re-arrest on Jan. 20 in Minneapolis.
According to the National Counterterrorism Center, al-Shabaab has killed more U.S. citizens than any other al-Qaeda affiliate. It reportedly has between 7,000 and 10,000 members, according to the federal agency. The group lists its main targets as U.S. military forces and is known to attack civilian targets such as hotels, shopping malls, universities, and busy intersections.
Members of other foreign terrorist organizations have also been discovered living illegally in the United States recently. Last month, a man from Bangladesh, convicted of attempting to provide material support to an unnamed foreign terrorist organization, was deported. He had been found living in the United States illegally more than eight years ago.
According to ICE records, Rakin Islam Chowdhury was granted temporary permission to remain in the United States on June 5, 2015. This authorization expired on Dec. 4, 2015.
Recent reports from Chicago have highlighted the presence of dangerous illegal immigrants in the United States, where law enforcement has allegedly discovered a cell operated by Tren de Aragua. This gang, known in English as the Aragua Train, is considered the largest criminal organization in Venezuela and is primarily engaged in sex trafficking.
Telemundo Chicago Investiga wrote in a Jan. 22, 2024, article that it had obtained communications between Willow Springs, Illinois, police chief Garry McCarthy and the Cook County Sheriff’s Department in Los Angeles, California, showing growing concerns about gang operations in their communities.
Neither Mr. McCarthy nor the Cook County Sheriff’s Police Department responded to multiple inquiries from The Epoch Times. A Telemundo report featured an email sent by the Cook County Sheriff.
“I wanted to give you a heads-up about a new threat developing among the newly arriving immigrant community,” the email stated. “There is a gang from Venezuela known as Tren de Aragua. This gang has strong human trafficking operations in Latin America and is likely engaged in sex and labor trafficking in the United States. Multiple agencies have confirmed their presence in the United States.”
The email includes a redacted source that claims to have “information that the gang is here in Chicago.”
Video still shows a group of illegal immigrants attacking two NYPD officers outside a shelter in New York, on Jan. 27, 2024. (New York Police Department)
In another report, Mr. McCarthy told Telemundo that law enforcement is having a hard time identifying gang members as they cross the border because Venezuela does not share criminal records with the United States.
“We do not have data on them because I am sure that if it is Venezuela, it does not share it with the United States. So you can’t connect dots when we don’t have points,” Mr. McCarthy told Telemundo.
On Monday, Borderreport.com quoted former U.S. Border Patrol agent Ammon Blair as saying Venezuela has become a “significant concern along the US-Mexico border.”
An ICE spokesman told The Epoch Times that the agency has encountered members of the Venezuelan gang, but did not yet have anything that could be released. Telemundo reported that Border Patrol confirmed that at least 38 members have been arrested around the United States in the past year and that all of their points of entry were in El Paso, Texas.
Several other members of MS-13, short for Mara Salvatrucha, have also appeared on ICE’s radar after crossing the Texas border.
More than 1,000 illegal immigrants wait in line near a U.S. Border Patrol processing center after crossing the Rio Grande from Mexico, in Eagle Pass, Texas, on Dec. 18, 2023. (John Moore/Getty Images)
In 2022, another MS-13 member who entered the United States illegally through Texas under the Biden administration’s open border policy, allegedly raped and killed Kayla Hamilton just days before she turned 20.
According to an investigation into Kayla’s murder by the Committee on the Judiciary and the Subcommittee on Immigration Integrity, Security, and Enforcement, the then 16-year-old gang member was housed by the Department of Health and Human Services (HHS) in the same foster home where Kayla was living. Kayla was autistic, but trying to transition to a life of independence.
The Republican-led committee concluded its investigation with a report blaming Kayla’s murder on the “Biden administration’s radical open-borders policies.”
The report highlighted that, in addition to an already lengthy criminal history, the Salvadoran minor had MS-13-specific tattoos, which should have alerted border officials to his affiliation and led to him being flagged for deportation.
Kayla’s mother Tammy Nobles has filed a $100 million wrongful death lawsuit against both HHS and the Department of Homeland Security.
In a press release announcing the suit, Ms. Noble’s attorney Brian Claypool, claims that another illegal immigrant was placed in charge of housing Kayla and her alleged murderer in the same home and that the MS-13 gang member was released to his custody.
“We’re bringing this lawsuit because we’re tired of being held hostage in our own country. We’re tired of DHS playing Russian roulette with our lives,” Mr. Claypool said in a Facebook post.
According to the judiciary committee’s investigation, the MS-13 gang member was originally apprehended at the Texas border on March 23, 2022, and referred to the Office of Refugee Resettlement (ORR). The ORR is a program run by the HHS’s administration for children and families and helps minor children who are not from the United States become what it calls “integrated members of American society.”
The recent reports of terrorists and gang members coming into the United States at the Texas border come amidst a recent Supreme Court ruling that Texas could not block the passage of illegal immigrants into the United States.
Kayla Hamilton was raped and murdered just a few days shy of her 20th birthday. (Courtesy of Tammy Nobles)
Texas is refusing to recognize the order, which has created a standoff between Texas law enforcement and federal border agents.
The report also comes amidst a controversial Senate bipartisan bill that seeks to allow up to 4,000 daily crossings by migrants before a cap is considered.
“Only a fool, or a radical left Democrat, would vote for this horrendous border bill,” former President Donald Trump posted on Truth Social on Monday.
