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Corporate Information
12 Months Ended
Dec. 31, 2021
Disclosure Of Significant Investments In Subsidiaries [Abstract]  
Corporate Information

LEGEND BIOTECH CORPORATION

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2021, 2020 AND 2019

 

1. CORPORATE INFORMATION

Legend Biotech Corporation (the “Company”) was incorporated on May 27, 2015 as an exempted company in the Cayman Islands with limited liability under the Companies Law of the Cayman Islands. The registered office address of the Company is PO Box 10240, Harbour Place, 103 South Church Street, George Town, Grant Cayman KY1-1002, Cayman Islands.

The Company is an investment holding company. The Company’s subsidiaries are principally engaged in research and development of biological products.

In the opinion of the Directors, the ultimate holding company of the Company is Genscript Corporation (“Genscript Corp”), which was incorporated in the United States of America.

Information about subsidiaries

 

Company

 

Place and date

of

incorporation

 

Issued ordinary

shares/paid-up

capital

 

 

Percentage of equity

interest attributable

to the Company

 

 

Principal

activities

 

 

 

 

 

 

 

 

 

 

Direct %

 

 

Indirect %

 

 

 

Legend Biotech Limited (“Legend

   BVI”)

 

The British Virgin

Islands

June 2, 2015

 

US$

 

 

80,000,000

 

 

 

100

 

 

 

 

 

Investment holding

Legend Biotech HK Limited

   (“Legend HK”)

 

Hong Kong

June 3, 2015

 

US$

 

 

80,000,000

 

 

 

 

 

 

100

 

 

Investment holding

Nanjing Legend Biotechnology Co.,

   Ltd. (“Legend Nanjing”)

 

PRC*

November 17, 2014

 

US$

 

 

162,500,000

 

 

 

 

 

 

100

 

 

Manufacture

and sale of

life science

research products

and services

Legend Biotech USA Incorporated

   (“Legend USA”)

 

United States of

America

August 31, 2017

 

 

 

 

 

 

 

 

 

 

100

 

 

Manufacture

and sale of

life science

research products

and services

Legend Biotech Ireland Limited

   (“Legend Ireland”)

 

Ireland

November 13, 2017

 

 

 

 

 

 

 

 

 

 

100

 

 

Manufacture

and sale of

life science

research products

and services

Legend Biotech Belgium B.V.

   (“Legend Belgium”)

 

Belgium

June 23, 2021

 

US$

 

 

2,423,693

 

 

 

 

 

 

100

 

 

Manufacture and sale of

life science

research products

and services

Hainan Chuanji Biotechnology Co.,

   Ltd. (“Hainan Chuanji”)

 

PRC

October 25, 2021

 

 

 

 

 

 

 

 

 

 

100

 

 

Life science

research and development

* The People’s Republic of China (the “PRC” or “China”), including the Hong Kong Special Administrative Region of China (“Hong Kong”).