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Zai Lab Limited American Depositary Shares - ZLAB STOCK NEWS

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Zai Lab Limited (NASDAQ: ZLAB) is a pioneering biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative medicines. Established in 2013 by industry veterans, Zai Lab addresses some of the world's most pressing unmet medical needs with a vision to transform patients’ lives globally.

The company employs a dual approach of in-licensing products and internal research and development to maintain a robust pipeline. This strategy has led to the development of promising drug candidates aimed at treating a range of severe health conditions, particularly in oncology, autoimmune, and infectious diseases.

Core Products and Pipeline:

  • ZL-2306: An investigational treatment for multiple solid tumor types, including ovarian, breast, and lung cancers.
  • ZL-2401: A novel antibiotic belonging to a new class of tetracycline derivatives, significant in the battle against resistant bacterial infections.
  • ZL-2301: An oral small molecule targeting hepatocellular carcinoma (HCC), promising for liver cancer treatment.

Zai Lab's leadership team is acclaimed for their innovative regulatory approval pathways in China, which have expedited the introduction of new therapies. The company's partnerships with global pharmaceutical giants underscore its commitment to conducting world-class clinical development both in China and internationally.

Financially, Zai Lab has strong support from a cadre of leading healthcare investors, ensuring robust backing for its ambitious projects. This financial stability allows the company to explore cutting-edge research and expand its therapeutic offerings continually.

Recent Achievements and Current Projects:

  • Successful initiation of multiple late-stage clinical trials across various therapeutic areas.
  • Establishment of strategic partnerships with multinational pharmaceutical companies to enhance drug development and commercialization.
  • Ongoing expansion of their research facilities to accommodate new projects and collaborations.

Zai Lab remains committed to leveraging its expertise, innovation, and strategic partnerships to bring life-changing therapies to market, ultimately improving patient outcomes worldwide.

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Zai Lab has secured exclusive rights to develop and commercialize KarXT in Greater China, with a total deal value exceeding $267 million. Karuna Therapeutics will receive an upfront payment of $35 million along with potential milestone payments of up to $152 million and tiered royalties. KarXT has shown promising results in treating schizophrenia and Alzheimer’s-related psychosis, with ongoing late-stage trials. Zai Lab will oversee development and commercialization efforts in the region.

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Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688), a global biopharmaceutical company, announced participation in several upcoming virtual investor conferences in November 2021. They will present at the Goldman Sachs Asia Pacific Healthcare Forum on November 15, the BioCentury-BayHelix China Healthcare Summit from November 16-19, and the Jefferies London Healthcare Conference with a presentation available starting November 18. Investors can access webcasts and replays through Zai Lab's website.

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Zai Lab Limited (NASDAQ: ZLAB) announced that it will release its financial results for Q3 2021 on November 9, 2021, after U.S. markets close. A conference call and webcast is scheduled for November 10, 2021, at 8:00 a.m. ET. This biopharmaceutical company focuses on innovative therapies in oncology, autoimmune disorders, and infectious diseases, with a commitment to addressing unmet medical needs. Investors can access the conference call through their website after registering in advance.

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Zai Lab has initiated patient enrollment in a pivotal global Phase 2 trial of odronextamab monotherapy for B-cell non-Hodgkin lymphoma (B-NHL) in China. This study, conducted in collaboration with Regeneron, aims to assess treatment efficacy across various B-NHL subtypes, including follicular and diffuse large B-cell lymphoma. The trial's primary goal is to evaluate the anti-tumor activity based on objective response rates. With an annual incidence of 92,834 NHL cases in China, this study represents a significant opportunity to address unmet medical needs in a heavily affected patient population.

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Zai Lab has announced positive results from a Phase 1b proof-of-concept study of ZL-1102, an anti-IL-17A Humabody® for chronic plaque psoriasis. This study is the first to show clinical improvement through psoriatic skin penetration and involved 53 patients, reporting improvements in PASI scores, erythema, and scaling. The safety profile was similar to placebo. The successful trial triggers a milestone payment to Crescendo Biologics, which licenses ZL-1102 to Zai Lab, marking a significant advancement in their collaboration for developing targeted therapies.

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Zai Lab Limited (NASDAQ: ZLAB) announced positive topline results from a Phase 1b proof-of-concept study of ZL-1102, a topical treatment for mild-to-moderate chronic plaque psoriasis. The study showed a 45% relative improvement in the local Psoriasis Area Severity Index (PASI) score after four weeks, with sustained clinical benefits up to six weeks post-treatment. The drug demonstrated a favorable safety profile compared to placebo, with minimal adverse events. Zai Lab plans to advance ZL-1102 into full development, including registrational studies, aiming to address the significant need for effective topical treatments for psoriasis.

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Zai Lab Limited (NASDAQ: ZLAB) and Entasis Therapeutics announced positive topline results from the ATTACK trial, a Phase 3 study evaluating SUL-DUR in patients with carbapenem-resistant Acinetobacter infections. SUL-DUR demonstrated statistically non-inferior 28-day all-cause mortality compared to colistin and showed a significant clinical cure rate of 61.9%. The treatment also exhibited a favorable safety profile, reducing nephrotoxicity by 13.2% versus 37.6% with colistin. The trial enrolled 207 patients across 17 countries, indicating potential for SUL-DUR as an effective option against severe bacterial infections.

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Zai Lab Limited (NASDAQ: ZLAB) announced the appointment of Scott Morrison to its Board of Directors and as a member of the Audit Committee. Morrison brings over 40 years of experience in the life sciences sector, previously serving as a partner at Ernst & Young. He has held significant roles in various public and private companies, enhancing his expertise in financial oversight and M&A transactions. CEO Dr. Samantha Du expressed enthusiasm for Morrison's role, citing numerous growth opportunities ahead for Zai Lab.

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Zai Lab, a biopharmaceutical company, will present at two upcoming virtual investor conferences in October 2021. They will participate in the J.P. Morgan Global Healthcare Conference on October 13 at 9:30 a.m. HKT and the Jefferies China Biotech Virtual Summit on October 26 at 8:30 a.m. EDT. A live webcast for the Jefferies summit will be available on Zai Lab’s website, with a replay accessible for 90 days. Zai Lab focuses on developing therapies for unmet medical needs in oncology, autoimmune disorders, and infectious diseases.

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Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) announced successful results from its bridging study of margetuximab plus chemotherapy for advanced HER2+ breast cancer. The study met its primary endpoint with a hazard ratio of 0.69 for median progression-free survival, aligning with results from the global SOPHIA study. The safety profile was consistent and acceptable. Zai Lab plans to file a Biologics License Application (BLA) in China for this indication by the end of 2021, enhancing its portfolio in oncology.

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FAQ

What is the current stock price of Zai Lab American Depositary Shares (ZLAB)?

The current stock price of Zai Lab American Depositary Shares (ZLAB) is $27.55 as of November 26, 2024.

What is the market cap of Zai Lab American Depositary Shares (ZLAB)?

The market cap of Zai Lab American Depositary Shares (ZLAB) is approximately 2.9B.

What does Zai Lab Limited specialize in?

Zai Lab Limited focuses on the discovery, development, and commercialization of innovative medicines, particularly in oncology, autoimmune, and infectious diseases.

When was Zai Lab Limited founded?

Zai Lab Limited was founded in 2013 by a team of industry veterans.

What are some key products in Zai Lab's pipeline?

Key products include ZL-2306 for various solid tumors, ZL-2401, a novel antibiotic, and ZL-2301, an oral small molecule targeting hepatocellular carcinoma.

How does Zai Lab Limited approach drug development?

Zai Lab employs a dual approach of in-licensing products and internal R&D to develop a rich pipeline of promising drug candidates.

What recent achievements has Zai Lab Limited made?

Recent achievements include initiating multiple late-stage clinical trials, forming strategic partnerships, and expanding research facilities.

Who are the founders of Zai Lab Limited?

The company was founded by industry veterans known for their contributions to China's biotech industry and their successful regulatory filings.

What partnerships has Zai Lab Limited established?

Zai Lab has developed various partnership models with multinational pharmaceutical companies to enhance drug development and commercialization.

Where does Zai Lab Limited conduct clinical development?

Zai Lab conducts clinical development both in China and internationally.

Who backs Zai Lab Limited financially?

A leading group of healthcare investors provides strong financial backing to Zai Lab Limited.

What is Zai Lab Limited's vision?

Zai Lab aims to address the largest unmet medical needs and transform patients’ lives around the world.

Zai Lab Limited American Depositary Shares

Nasdaq:ZLAB

ZLAB Rankings

ZLAB Stock Data

2.92B
105.32M
1.97%
44.4%
4.68%
Biotechnology
Pharmaceutical Preparations
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United States of America
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