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Zymeworks Inc. - ZYME STOCK NEWS

Welcome to our dedicated page for Zymeworks news (Ticker: ZYME), a resource for investors and traders seeking the latest updates and insights on Zymeworks stock.

Zymeworks Inc. (Nasdaq: ZYME) is a global biotechnology company committed to the discovery, development, and commercialization of novel, multifunctional biotherapeutics. The company's mission is to make a meaningful difference for people impacted by difficult-to-treat cancers and other serious diseases.

Zymeworks specializes in developing best-in-class bi-specific antibodies and antibody-drug conjugates (ADCs) to treat oncology, autoimmunity, and inflammatory diseases. Their proprietary platforms, including Azymetric™, Albucore™, and ZymeLink™, enable the creation of highly potent bi-specific antibodies and multivalent protein therapeutics targeting a range of indications.

The company's leading therapeutic candidate, zanidatamab, is a novel HER2-targeted bispecific antibody currently in multiple Phase 1, Phase 2, and pivotal clinical trials globally. Zanidatamab is being developed as a targeted treatment for patients with HER2-expressing cancers. Recent milestones include the acceptance of a Biologics License Application (BLA) by the FDA and China's National Medical Products Administration (NMPA) for second-line treatment of HER2-positive biliary tract cancers (BTC).

Zymeworks is also advancing a deep preclinical pipeline, including candidates like zanidatamab zovodotin (ZW49) and new investigational drugs ZW171 and ZW191, with plans for multiple IND filings in 2024 and 2025. The company is financially robust, with a cash runway extending into the second half of 2027, bolstered by strategic partnerships with BeiGene and Jazz Pharmaceuticals, among others.

The company's complementary therapeutic platforms and fully integrated drug development engine enable precise engineering of differentiated product candidates, offering potential best-in-class treatments for various challenging diseases. For more information, visit www.zymeworks.com.

Rhea-AI Summary
Zymeworks Inc. (Nasdaq: ZYME) will participate in upcoming investor conferences including Jefferies London Healthcare Conference, Stifel 2023 Healthcare Conference, and 6th Annual Evercore ISI HealthCONx Conference. The company's management will engage in one-on-one meetings and fireside chats to discuss their novel biotherapeutics. Presentations and webcasts will be available on Zymeworks' website.
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Zymeworks Inc. to report Q3 2023 financial results and host conference call on November 7, 2023
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Zymeworks to nominate Dr. Nancy Davidson for election to its board of directors
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Zymeworks Inc. will report its Q2 2023 financial results on August 10, 2023. A conference call and webcast will be held to discuss financial results and provide a corporate update.
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FAQ

What is the current stock price of Zymeworks (ZYME)?

The current stock price of Zymeworks (ZYME) is $14.14 as of December 20, 2024.

What is the market cap of Zymeworks (ZYME)?

The market cap of Zymeworks (ZYME) is approximately 914.0M.

What is Zymeworks Inc.?

Zymeworks Inc. is a global biotechnology company focused on the discovery, development, and commercialization of novel, multifunctional biotherapeutics.

What are the key therapeutic platforms of Zymeworks?

Zymeworks' key therapeutic platforms include Azymetric™, Albucore™, and ZymeLink™, which are used to develop potent bi-specific antibodies and multivalent protein therapeutics.

What is zanidatamab?

Zanidatamab is Zymeworks' leading clinical candidate, a novel HER2-targeted bispecific antibody currently under evaluation in multiple global clinical trials for treating HER2-expressing cancers.

Which partnerships has Zymeworks formed for zanidatamab?

Zymeworks has partnerships with BeiGene and Jazz Pharmaceuticals to develop and commercialize zanidatamab in different territories.

What recent regulatory milestones has Zymeworks achieved?

Recent milestones include the acceptance of a Biologics License Application (BLA) by the FDA and China's NMPA for zanidatamab as a treatment for HER2-positive biliary tract cancer.

What financial outlook does Zymeworks have?

Zymeworks has a robust financial position with a cash runway extending into the second half of 2027, supported by strategic partnerships and recent private placements.

What are the current projects in Zymeworks' pipeline?

Current projects include the clinical development of zanidatamab, zanidatamab zovodotin (ZW49), and preclinical candidates ZW171 and ZW191, with multiple IND filings planned for 2024 and 2025.

How does Zymeworks' pipeline address unmet medical needs?

Zymeworks' pipeline focuses on developing therapies for difficult-to-treat cancers, offering potential best-in-class treatments that address significant unmet medical needs.

What is the role of Zymeworks' platforms in drug development?

Zymeworks' proprietary platforms enable the precise engineering of highly differentiated antibody-based therapeutics, facilitating the development of multifunctional biotherapeutics.

Where can I find more information about Zymeworks?

For more information about Zymeworks, visit their official website at www.zymeworks.com.

Zymeworks Inc.

Nasdaq:ZYME

ZYME Rankings

ZYME Stock Data

914.00M
66.64M
0.08%
101.32%
6.11%
Biotechnology
Pharmaceutical Preparations
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United States of America
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